Proposed Provision: Make 90% of the earnings subject to the payroll tax (phased in 2011-2020), 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 |
| 2010 | 355 | 355 |
| 2011 | 353 | 353 |
| 2012 | 350 | 350 |
| 2013 | 346 | 347 |
| 2014 | 341 | 344 |
| 2015 | 335 | 342 |
| 2016 | 330 | 341 |
| 2017 | 324 | 339 |
| 2018 | 317 | 338 |
| 2019 | 309 | 335 |
| 2020 | 299 | 332 |
| 2021 | 289 | 328 |
| 2022 | 277 | 323 |
| 2023 | 264 | 317 |
| 2024 | 251 | 310 |
| 2025 | 237 | 302 |
| 2026 | 221 | 293 |
| 2027 | 205 | 284 |
| 2028 | 189 | 274 |
| 2029 | 171 | 263 |
| 2030 | 154 | 252 |
| 2031 | 136 | 241 |
| 2032 | 117 | 229 |
| 2033 | 98 | 217 |
| 2034 | 79 | 205 |
| 2035 | 59 | 193 |
| 2036 | 39 | 181 |
| 2037 | 19 | 169 |
| 2038 | -1 | 157 |
| 2039 | -21 | 144 |
| 2040 | -42 | 132 |
| 2041 | -63 | 120 |
| 2042 | -84 | 109 |
| 2043 | -105 | 97 |
| 2044 | -126 | 85 |
| 2045 | -147 | 73 |
| 2046 | -168 | 61 |
| 2047 | -189 | 49 |
| 2048 | -211 | 38 |
| 2049 | -233 | 26 |
| 2050 | -255 | 14 |
| 2051 | -277 | 2 |
| 2052 | -299 | -11 |
| 2053 | -321 | -23 |
| 2054 | -344 | -35 |
| 2055 | -366 | -48 |
| 2056 | -389 | -61 |
| 2057 | -412 | -74 |
| 2058 | -436 | -87 |
| 2059 | -460 | -101 |
| 2060 | -485 | -115 |
| 2061 | -509 | -129 |
| 2062 | -534 | -143 |
| 2063 | -560 | -158 |
| 2064 | -586 | -173 |
| 2065 | -612 | -188 |
| 2066 | -638 | -203 |
| 2067 | -665 | -219 |
| 2068 | -692 | -235 |
| 2069 | -720 | -252 |
| 2070 | -748 | -268 |
| 2071 | -776 | -285 |
| 2072 | -805 | -303 |
| 2073 | -834 | -321 |
| 2074 | -864 | -339 |
| 2075 | -894 | -357 |
| 2076 | -925 | -376 |
| 2077 | -957 | -396 |
| 2078 | -989 | -416 |
| 2079 | -1021 | -436 |
| 2080 | -1054 | -456 |
| 2081 | -1087 | -477 |
| 2082 | -1121 | -499 |
| 2083 | -1156 | -521 |
| 2084 | -1191 | -543 |
| 2085 | -1227 | -566 |
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