Proposed Provision: Make 90 percent of the earnings subject to the payroll tax (phased in 2008-2017), but retain the current-law taxable maximum for benefit purposes. This estimate considers all self-employed earnings in computing the percentage of earnings subject to the payroll tax.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2005 | 320 | 320 |
| 2006 | 337 | 337 |
| 2007 | 355 | 355 |
| 2008 | 370 | 370 |
| 2009 | 383 | 384 |
| 2010 | 394 | 398 |
| 2011 | 404 | 411 |
| 2012 | 410 | 422 |
| 2013 | 415 | 431 |
| 2014 | 417 | 439 |
| 2015 | 418 | 446 |
| 2016 | 416 | 451 |
| 2017 | 412 | 454 |
| 2018 | 407 | 456 |
| 2019 | 401 | 457 |
| 2020 | 393 | 456 |
| 2021 | 383 | 453 |
| 2022 | 372 | 449 |
| 2023 | 360 | 443 |
| 2024 | 346 | 437 |
| 2025 | 332 | 428 |
| 2026 | 316 | 419 |
| 2027 | 299 | 409 |
| 2028 | 282 | 398 |
| 2029 | 264 | 387 |
| 2030 | 245 | 375 |
| 2031 | 225 | 363 |
| 2032 | 205 | 350 |
| 2033 | 185 | 337 |
| 2034 | 164 | 324 |
| 2035 | 143 | 311 |
| 2036 | 121 | 297 |
| 2037 | 99 | 283 |
| 2038 | 77 | 270 |
| 2039 | 54 | 256 |
| 2040 | 31 | 242 |
| 2041 | 7 | 227 |
| 2042 | -17 | 213 |
| 2043 | -41 | 198 |
| 2044 | -66 | 183 |
| 2045 | -91 | 168 |
| 2046 | -117 | 153 |
| 2047 | -143 | 137 |
| 2048 | -169 | 121 |
| 2049 | -196 | 105 |
| 2050 | -223 | 88 |
| 2051 | -251 | 71 |
| 2052 | -279 | 53 |
| 2053 | -308 | 36 |
| 2054 | -337 | 17 |
| 2055 | -367 | -1 |
| 2056 | -397 | -21 |
| 2057 | -428 | -40 |
| 2058 | -460 | -60 |
| 2059 | -492 | -81 |
| 2060 | -525 | -102 |
| 2061 | -558 | -124 |
| 2062 | -592 | -146 |
| 2063 | -626 | -168 |
| 2064 | -661 | -192 |
| 2065 | -697 | -215 |
| 2066 | -734 | -240 |
| 2067 | -772 | -264 |
| 2068 | -810 | -290 |
| 2069 | -849 | -316 |
| 2070 | -889 | -343 |
| 2071 | -930 | -370 |
| 2072 | -971 | -398 |
| 2073 | -1014 | -426 |
| 2074 | -1057 | -455 |
| 2075 | -1101 | -485 |
| 2076 | -1146 | -515 |
| 2077 | -1192 | -546 |
| 2078 | -1238 | -578 |
| 2079 | -1286 | -610 |
| 2080 | -1334 | -643 |
| 2081 | -1383 | -676 |
| 2082 | -1433 | -710 |
| 2083 | -1484 | -745 |
| 2084 | -1536 | -780 |
| 2085 | -1589 | -816 |
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