Proposed Provision: H2. Starting in 2018, tax Social Security benefits in a manner similar to private pension income. Phase out the lower-income thresholds during 2018-2037.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2017 | 298 | 298 |
| 2018 | 287 | 287 |
| 2019 | 273 | 274 |
| 2020 | 259 | 260 |
| 2021 | 245 | 247 |
| 2022 | 230 | 234 |
| 2023 | 215 | 219 |
| 2024 | 199 | 205 |
| 2025 | 182 | 189 |
| 2026 | 165 | 173 |
| 2027 | 148 | 157 |
| 2028 | 130 | 141 |
| 2029 | 112 | 124 |
| 2030 | 94 | 108 |
| 2031 | 75 | 91 |
| 2032 | 56 | 73 |
| 2033 | 37 | 55 |
| 2034 | 16 | 36 |
| 2035 | -4 | 17 |
| 2036 | -26 | -2 |
| 2037 | -47 | -23 |
| 2038 | -70 | -43 |
| 2039 | -92 | -64 |
| 2040 | -115 | -85 |
| 2041 | -138 | -106 |
| 2042 | -161 | -127 |
| 2043 | -184 | -149 |
| 2044 | -207 | -170 |
| 2045 | -230 | -191 |
| 2046 | -253 | -213 |
| 2047 | -276 | -234 |
| 2048 | -300 | -256 |
| 2049 | -323 | -278 |
| 2050 | -346 | -300 |
| 2051 | -370 | -321 |
| 2052 | -393 | -343 |
| 2053 | -417 | -365 |
| 2054 | -440 | -387 |
| 2055 | -464 | -409 |
| 2056 | -487 | -431 |
| 2057 | -511 | -454 |
| 2058 | -536 | -476 |
| 2059 | -560 | -500 |
| 2060 | -585 | -523 |
| 2061 | -611 | -547 |
| 2062 | -637 | -572 |
| 2063 | -663 | -597 |
| 2064 | -690 | -622 |
| 2065 | -717 | -647 |
| 2066 | -745 | -673 |
| 2067 | -772 | -700 |
| 2068 | -801 | -727 |
| 2069 | -829 | -754 |
| 2070 | -858 | -781 |
| 2071 | -888 | -809 |
| 2072 | -918 | -838 |
| 2073 | -949 | -868 |
| 2074 | -981 | -898 |
| 2075 | -1014 | -929 |
| 2076 | -1047 | -960 |
| 2077 | -1082 | -993 |
| 2078 | -1117 | -1027 |
| 2079 | -1153 | -1061 |
| 2080 | -1190 | -1096 |
| 2081 | -1227 | -1130 |
| 2082 | -1264 | -1165 |
| 2083 | -1300 | -1200 |
| 2084 | -1337 | -1235 |
| 2085 | -1374 | -1270 |
| 2086 | -1410 | -1304 |
| 2087 | -1446 | -1339 |
| 2088 | -1483 | -1374 |
| 2089 | -1520 | -1409 |
| 2090 | -1557 | -1444 |
| 2091 | -1595 | -1480 |
| 2092 | -1633 | -1516 |
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