Proposed Provision: H1. Starting in 2017, tax Social Security benefits in a manner similar to private pension income. Phase out the lower-income thresholds during 2017-2026.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2016 | 303 | 303 |
| 2017 | 293 | 293 |
| 2018 | 277 | 278 |
| 2019 | 262 | 263 |
| 2020 | 246 | 249 |
| 2021 | 231 | 236 |
| 2022 | 216 | 222 |
| 2023 | 200 | 207 |
| 2024 | 183 | 192 |
| 2025 | 165 | 177 |
| 2026 | 149 | 162 |
| 2027 | 132 | 147 |
| 2028 | 115 | 132 |
| 2029 | 98 | 117 |
| 2030 | 81 | 102 |
| 2031 | 64 | 86 |
| 2032 | 46 | 70 |
| 2033 | 27 | 54 |
| 2034 | 8 | 37 |
| 2035 | -11 | 19 |
| 2036 | -30 | 2 |
| 2037 | -50 | -16 |
| 2038 | -71 | -35 |
| 2039 | -91 | -54 |
| 2040 | -112 | -73 |
| 2041 | -133 | -92 |
| 2042 | -154 | -111 |
| 2043 | -176 | -131 |
| 2044 | -197 | -151 |
| 2045 | -218 | -170 |
| 2046 | -240 | -190 |
| 2047 | -262 | -210 |
| 2048 | -283 | -230 |
| 2049 | -305 | -250 |
| 2050 | -327 | -270 |
| 2051 | -349 | -290 |
| 2052 | -371 | -310 |
| 2053 | -393 | -331 |
| 2054 | -415 | -351 |
| 2055 | -437 | -372 |
| 2056 | -460 | -393 |
| 2057 | -482 | -414 |
| 2058 | -506 | -436 |
| 2059 | -529 | -458 |
| 2060 | -553 | -480 |
| 2061 | -578 | -503 |
| 2062 | -603 | -526 |
| 2063 | -628 | -550 |
| 2064 | -654 | -574 |
| 2065 | -680 | -599 |
| 2066 | -706 | -624 |
| 2067 | -733 | -649 |
| 2068 | -760 | -675 |
| 2069 | -788 | -701 |
| 2070 | -816 | -727 |
| 2071 | -845 | -755 |
| 2072 | -874 | -782 |
| 2073 | -905 | -811 |
| 2074 | -935 | -840 |
| 2075 | -967 | -870 |
| 2076 | -1000 | -901 |
| 2077 | -1033 | -932 |
| 2078 | -1068 | -965 |
| 2079 | -1102 | -997 |
| 2080 | -1138 | -1031 |
| 2081 | -1173 | -1064 |
| 2082 | -1208 | -1097 |
| 2083 | -1243 | -1130 |
| 2084 | -1279 | -1164 |
| 2085 | -1314 | -1197 |
| 2086 | -1349 | -1230 |
| 2087 | -1384 | -1263 |
| 2088 | -1419 | -1297 |
| 2089 | -1455 | -1331 |
| 2090 | -1491 | -1365 |
| 2091 | -1528 | -1400 |
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