I 
109TH CONGRESS 
1ST SESSION H. R. 2472 
To amend the Internal Revenue Code of 1986 to impose a tax on the 
amount of wages in excess of the contribution and benefit base, to 
extend the pay-as-you-go requirement of the Balanced Budget and Emer-
gency Deficit Control Act of 1985, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 18, 2005 
Mr. WEXLER introduced the following bill; which was referred to the Com-
mittee on Ways and Means, and in addition to the Committees on Rules, 
and the Budget, for a period to be subsequently determined by the 
Speaker, in each case for consideration of such provisions as fall within 
the jurisdiction of the committee concerned 
A BILL 
To amend the Internal Revenue Code of 1986 to impose 
a tax on the amount of wages in excess of the contribu-
tion and benefit base, to extend the pay-as-you-go re-
quirement of the Balanced Budget and Emergency Def-
icit Control Act of 1985, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Social Security Forever 
Act of 2005’’.
SEC. 2. TAX IMPOSED ON WAGES IN EXCESS OF CONTRIBU-
TION AND BENEFIT BASE. 
(a) TAX ON EMPLOYEES.—Section 3101 of the Inter-
nal Revenue Code of 1986 (relating to rate of tax) is 
amended by adding at the end the following new sub-
section: 
‘‘(d) WAGES RECEIVED IN EXCESS OF CONTRIBU-
TION AND BENEFIT BASE.—In addition to the taxes im-
posed by subsections (a) and (b) and notwithstanding sub-
section (c), there is hereby imposed on the income of every 
individual a tax equal to 3 percent of the excess (if any) 
of— 
‘‘(1) the wages (as defined in section 3121(a)) 
received by him with respect to employment (as de-
fined in section 3121(b)) during the calendar year, 
over 
‘‘(2) so much of such wages as does not exceed 
the contribution and benefit base, as determined 
under section 230 of the Social Security Act for 
such calendar year.’’. 
(b) TAX
ON EMPLOYERS.—Section 3111 of such 
Code (relating to rate of tax) is amended by adding at 
the end the following new subsection: 
‘‘(d) WAGES PAID IN EXCESS OF CONTRIBUTION 
AND BENEFIT BASE.—In addition to the taxes imposed 
by subsections (a) and (b) and notwithstanding subsection
(c), there is hereby imposed on every employer an excise 
tax, with respect to having individuals in his employ, equal 
to 3 percent of the excess (if any) of— 
‘‘(1) the wages (as defined in section 3121(a)) 
paid by him with respect to employment (as defined 
in section 3121(b)) during the calendar year, over 
‘‘(2) so much of such wages as does not exceed 
the contribution and benefit base, as determined 
under section 230 of the Social Security Act for 
such calendar year.’’. 
(c) RAILROAD RETIREMENT.— 
(1) TAX
ON
EMPLOYEES.—Section 3201 of 
such Code (relating to rate of tax) is amended by re-
designating subsection (c) as subsection (d) and by 
inserting after subsection (b) the following new sub-
section: 
‘‘(c) WAGES RECEIVED IN EXCESS OF CONTRIBU-
TION AND BENEFIT BASE.—In addition to other taxes, 
there is hereby imposed on the income of each employee 
a tax equal to 3 percent of the excess (if any) of— 
‘‘(1) the compensation (determined without re-
gard to section 3231(e)(2)) received during any cal-
endar year by such employee for services rendered 
by such employee, over
‘‘(2) so much of such compensation as does not 
exceed the contribution and benefit base, as deter-
mined under section 230 of the Social Security Act 
for such calendar year.’’. 
(2) TAX ON EMPLOYEE REPRESENTATIVES.— 
Section 3211 of such Code (relating to rate of tax) 
is amended by redesignating subsection (c) as sub-
section (d) and by inserting after subsection (b) the 
following new subsection: 
‘‘(c) WAGES RECEIVED IN EXCESS OF CONTRIBU-
TION AND BENEFIT BASE.—In addition to other taxes, 
there is hereby imposed on the income of each employee 
representative a tax equal to 3 percent of the excess (if 
any) of— 
‘‘(1) the compensation (determined without re-
gard to section 3231(e)(2)) received during any cal-
endar year by such employee representative for serv-
ices rendered by such employee representative, over 
‘‘(2) so much of such compensation as does not 
exceed the contribution and benefit base, as deter-
mined under section 230 of the Social Security Act 
for such calendar year.’’. 
(3) TAX ON EMPLOYERS.—Section 3221 of such 
Code (relating to rate of tax) is amended by redesig-
nating subsection (c) as subsection (d) and by in-
serting after subsection (b) the following new sub-
section: 
‘‘(c) WAGES PAID IN EXCESS OF CONTRIBUTION AND 
BENEFIT BASE.—In addition to other taxes, there is here-
by imposed on every employer an excise tax, with respect 
to having individuals in his employ, equal to 3 percent of 
the excess (if any) of— 
‘‘(1) the compensation (determined without re-
gard to section 3231(e)(2)) paid during any calendar 
year by such employer for services rendered to such 
employer, over 
‘‘(2) so much of such compensation as does not 
exceed the contribution and benefit base, as deter-
mined under section 230 of the Social Security Act 
for such calendar year.’’. 
(d) TAX ON SELF-EMPLOYMENT INCOME.—Section 
1401 of such Code (relating to rate of tax) is amended 
by adding at the end the following new subsection: 
‘‘(d) WAGES RECEIVED IN EXCESS OF CONTRIBU-
TION AND BENEFIT BASE.—In addition to the taxes im-
posed by subsections (a) and (b) and notwithstanding sub-
section (c), there shall be imposed for each taxable year, 
on the self-employment income of every individual, a tax 
equal to 6 percent of the excess (if any) of—
‘‘(1) the self-employment income for such tax-
able year, over 
‘‘(2) so much of such self-employment income 
as does not exceed the contribution and benefit base, 
as determined under section 230 of the Social Secu-
rity Act, which is effective for the calendar year in 
which such taxable year begins.’’. 
(e) CONFORMING AMENDMENTS.— 
(1) Section 24(d)(2)(A) of such Code is amend-
ed— 
(A) in clause (i) by inserting ‘‘(other than 
subsection (d) thereof)’’ after ‘‘3101’’, and 
(B) in clause (ii) by inserting ‘‘(other than 
subsection (d) thereof)’’ after ‘‘1401’’. 
(2) Section 45B(b)(1) of such Code is amended 
by inserting ‘‘(other than subsection (d) thereof)’’ 
after ‘‘section 3111’’. 
(3) Section 406(b)(2)(B) of such Code is 
amended by inserting ‘‘(other than subsection (d) 
thereof)’’ after ‘‘3101’’. 
(4) Section 3121(l)(1)(A) of such Code is 
amended by striking ‘‘sections 3101 and 3111’’ and 
inserting ‘‘sections 3101 (other than subsection (d) 
thereof) and 3111 (other than subsection (d) there-
of)’’.