26 U.S.C. § 3101 : US Code - Section 3101: Rate of tax

Search 26 U.S.C. § 3101 : US Code - Section 3101: Rate of tax

(a) Old-age, survivors, and disability insurance
In addition to other taxes, there is hereby imposed on the income
of every individual a tax equal to the following percentages of the
wages (as defined in section 3121(a)) received by him with respect
to employment (as defined in section 3121(b)) -
In cases of wages received during: The rate shall be:
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1984, 1985, 1986, or 1987 5.7 percent
1988 or 1989 6.06 percent
1990 or thereafter 6.2 percent.
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(b) Hospital insurance
In addition to the tax imposed by the preceding subsection, there
is hereby imposed on the income of every individual a tax equal to
the following percentages of the wages (as defined in section
3121(a)) received by him with respect to employment (as defined in
section 3121(b)) -
(1) with respect to wages received during the calendar years
1974 through 1977, the rate shall be 0.90 percent;
(2) with respect to wages received during the calendar year
1978, the rate shall be 1.00 percent;
(3) with respect to wages received during the calendar years
1979 and 1980, the rate shall be 1.05 percent;
(4) with respect to wages received during the calendar years
1981 through 1984, the rate shall be 1.30 percent;
(5) with respect to wages received during the calendar year
1985, the rate shall be 1.35 percent; and
(6) with respect to wages received after December 31, 1985, the
rate shall be 1.45 percent.
(c) Relief from taxes in cases covered by certain international
agreements
During any period in which there is in effect an agreement
entered into pursuant to section 233 of the Social Security Act
with any foreign country, wages received by or paid to an
individual shall be exempt from the taxes imposed by this section
to the extent that such wages are subject under such agreement
exclusively to the laws applicable to the social security system of
such foreign country.