Tax Policy Center

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T11-0319 - Reduce Social Security Tax Rate to 4.2%; Baseline: Current Law; Distribution by Cash Income Percentile, 2012

Distribution by cash income percentile of the number of tax units that benefit, as well as the average benefit, from reducing the OASDI employee tax rate to 4.2% for 2012. Baseline is current law.

September 7, 2011