Proposed Provision: Beginning in 2019, apply 2 percent payroll tax rate on earnings over the wage-indexed equivalent of $400,000 in 2017, with the threshold wage-indexed after 2019. Do not provide benefit credit for additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2011 | 353 | 353 |
| 2012 | 347 | 347 |
| 2013 | 341 | 341 |
| 2014 | 334 | 334 |
| 2015 | 328 | 328 |
| 2016 | 321 | 321 |
| 2017 | 314 | 314 |
| 2018 | 306 | 306 |
| 2019 | 296 | 296 |
| 2020 | 284 | 285 |
| 2021 | 272 | 274 |
| 2022 | 259 | 262 |
| 2023 | 245 | 249 |
| 2024 | 230 | 235 |
| 2025 | 214 | 220 |
| 2026 | 198 | 205 |
| 2027 | 181 | 189 |
| 2028 | 164 | 173 |
| 2029 | 145 | 155 |
| 2030 | 127 | 137 |
| 2031 | 107 | 119 |
| 2032 | 87 | 100 |
| 2033 | 67 | 81 |
| 2034 | 46 | 61 |
| 2035 | 25 | 41 |
| 2036 | 4 | 21 |
| 2037 | -18 | 0 |
| 2038 | -40 | -21 |
| 2039 | -62 | -42 |
| 2040 | -85 | -63 |
| 2041 | -108 | -85 |
| 2042 | -130 | -106 |
| 2043 | -153 | -128 |
| 2044 | -176 | -150 |
| 2045 | -200 | -172 |
| 2046 | -223 | -194 |
| 2047 | -247 | -216 |
| 2048 | -271 | -239 |
| 2049 | -295 | -261 |
| 2050 | -319 | -284 |
| 2051 | -343 | -307 |
| 2052 | -368 | -330 |
| 2053 | -393 | -354 |
| 2054 | -418 | -377 |
| 2055 | -443 | -401 |
| 2056 | -468 | -425 |
| 2057 | -494 | -450 |
| 2058 | -521 | -474 |
| 2059 | -548 | -500 |
| 2060 | -575 | -526 |
| 2061 | -602 | -552 |
| 2062 | -630 | -578 |
| 2063 | -659 | -605 |
| 2064 | -687 | -632 |
| 2065 | -716 | -659 |
| 2066 | -746 | -687 |
| 2067 | -775 | -715 |
| 2068 | -805 | -743 |
| 2069 | -835 | -771 |
| 2070 | -866 | -800 |
| 2071 | -897 | -830 |
| 2072 | -928 | -859 |
| 2073 | -960 | -889 |
| 2074 | -992 | -920 |
| 2075 | -1025 | -951 |
| 2076 | -1058 | -982 |
| 2077 | -1092 | -1014 |
| 2078 | -1126 | -1047 |
| 2079 | -1161 | -1080 |
| 2080 | -1196 | -1113 |
| 2081 | -1232 | -1147 |
| 2082 | -1268 | -1182 |
| 2083 | -1305 | -1217 |
| 2084 | -1342 | -1252 |
| 2085 | -1380 | -1288 |
| 2086 | -1419 | -1324 |
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