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Text File  |  1993-02-17  |  991b  |  26 lines
  1. REV-09 DECREASE LIMITS ON CONTRIBUTIONS TO QUALIFIED
  2.        PENSION AND PROFIT-SHARING PLANS
  3.  
  4.                                 Annual Added Revenues
  5.                                 (Billions of dollars)             Cumulative
  6. Addition to          -----------------------------------------    Five-Year
  7. CBO Baseline         1994     1995      1996     1997     1998     Addition
  8. ---------------------------------------------------------------------------
  9. Decrease Limits for
  10. Defined Benefit Plans
  11. to the Social Security
  12. Wage Base (With
  13. equivalent reduc-
  14. tions for defined
  15. contribution plans)    1.0      3.1       3.4      3.6      3.4       14.5
  16.  
  17. Decrease the Limit
  18. for Deferrals in
  19. Salary Reduction
  20. Plans to $4,000        0.4      0.6       0.6      0.7      0.7        3.0
  21.  --------------------------------------------------------------------------
  22.  
  23. SOURCE:  Joint Committee on Taxation.
  24.  
  25. ---------------------------------------------------------------------------
  26.