Proposed Provision: E2.7. Apply a 6 percent payroll tax on earnings above the current-law taxable maximum starting in 2018. Do not provide benefit credit for earnings above the current-law taxable maximum.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2017 | 298 | 298 |
| 2018 | 287 | 287 |
| 2019 | 273 | 281 |
| 2020 | 259 | 274 |
| 2021 | 245 | 268 |
| 2022 | 230 | 261 |
| 2023 | 215 | 253 |
| 2024 | 199 | 243 |
| 2025 | 182 | 233 |
| 2026 | 165 | 222 |
| 2027 | 148 | 211 |
| 2028 | 130 | 200 |
| 2029 | 112 | 188 |
| 2030 | 94 | 176 |
| 2031 | 75 | 165 |
| 2032 | 56 | 153 |
| 2033 | 37 | 140 |
| 2034 | 16 | 127 |
| 2035 | -4 | 114 |
| 2036 | -26 | 100 |
| 2037 | -47 | 87 |
| 2038 | -70 | 73 |
| 2039 | -92 | 59 |
| 2040 | -115 | 44 |
| 2041 | -138 | 30 |
| 2042 | -161 | 16 |
| 2043 | -184 | 3 |
| 2044 | -207 | -11 |
| 2045 | -230 | -25 |
| 2046 | -253 | -39 |
| 2047 | -276 | -52 |
| 2048 | -300 | -66 |
| 2049 | -323 | -80 |
| 2050 | -346 | -93 |
| 2051 | -370 | -107 |
| 2052 | -393 | -120 |
| 2053 | -417 | -134 |
| 2054 | -440 | -148 |
| 2055 | -464 | -162 |
| 2056 | -487 | -176 |
| 2057 | -511 | -190 |
| 2058 | -536 | -205 |
| 2059 | -560 | -220 |
| 2060 | -585 | -235 |
| 2061 | -611 | -251 |
| 2062 | -637 | -267 |
| 2063 | -663 | -283 |
| 2064 | -690 | -299 |
| 2065 | -717 | -316 |
| 2066 | -745 | -334 |
| 2067 | -772 | -351 |
| 2068 | -801 | -369 |
| 2069 | -829 | -388 |
| 2070 | -858 | -406 |
| 2071 | -888 | -425 |
| 2072 | -918 | -445 |
| 2073 | -949 | -465 |
| 2074 | -981 | -486 |
| 2075 | -1014 | -507 |
| 2076 | -1047 | -528 |
| 2077 | -1082 | -551 |
| 2078 | -1117 | -573 |
| 2079 | -1153 | -596 |
| 2080 | -1190 | -620 |
| 2081 | -1227 | -643 |
| 2082 | -1264 | -667 |
| 2083 | -1300 | -691 |
| 2084 | -1337 | -714 |
| 2085 | -1374 | -738 |
| 2086 | -1410 | -761 |
| 2087 | -1446 | -785 |
| 2088 | -1483 | -809 |
| 2089 | -1520 | -833 |
| 2090 | -1557 | -858 |
| 2091 | -1595 | -882 |
| 2092 | -1633 | -908 |
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