Proposed Provision: Beginning in 2019, apply 2 percent payroll tax rate on earnings over the wage-indexed equivalent of $200,000 in 2017, with the threshold wage-indexed after 2019. Provide proportional 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 | 286 |
| 2021 | 272 | 275 |
| 2022 | 259 | 264 |
| 2023 | 245 | 252 |
| 2024 | 230 | 238 |
| 2025 | 214 | 225 |
| 2026 | 198 | 210 |
| 2027 | 181 | 195 |
| 2028 | 164 | 179 |
| 2029 | 145 | 162 |
| 2030 | 127 | 145 |
| 2031 | 107 | 127 |
| 2032 | 87 | 108 |
| 2033 | 67 | 90 |
| 2034 | 46 | 71 |
| 2035 | 25 | 51 |
| 2036 | 4 | 32 |
| 2037 | -18 | 12 |
| 2038 | -40 | -9 |
| 2039 | -62 | -29 |
| 2040 | -85 | -49 |
| 2041 | -108 | -70 |
| 2042 | -130 | -91 |
| 2043 | -153 | -112 |
| 2044 | -176 | -133 |
| 2045 | -200 | -154 |
| 2046 | -223 | -176 |
| 2047 | -247 | -197 |
| 2048 | -271 | -219 |
| 2049 | -295 | -241 |
| 2050 | -319 | -263 |
| 2051 | -343 | -285 |
| 2052 | -368 | -308 |
| 2053 | -393 | -331 |
| 2054 | -418 | -353 |
| 2055 | -443 | -376 |
| 2056 | -468 | -400 |
| 2057 | -494 | -424 |
| 2058 | -521 | -448 |
| 2059 | -548 | -473 |
| 2060 | -575 | -498 |
| 2061 | -602 | -523 |
| 2062 | -630 | -549 |
| 2063 | -659 | -575 |
| 2064 | -687 | -601 |
| 2065 | -716 | -628 |
| 2066 | -746 | -655 |
| 2067 | -775 | -682 |
| 2068 | -805 | -710 |
| 2069 | -835 | -738 |
| 2070 | -866 | -766 |
| 2071 | -897 | -795 |
| 2072 | -928 | -824 |
| 2073 | -960 | -853 |
| 2074 | -992 | -883 |
| 2075 | -1025 | -913 |
| 2076 | -1058 | -944 |
| 2077 | -1092 | -976 |
| 2078 | -1126 | -1008 |
| 2079 | -1161 | -1040 |
| 2080 | -1196 | -1073 |
| 2081 | -1232 | -1106 |
| 2082 | -1268 | -1140 |
| 2083 | -1305 | -1175 |
| 2084 | -1342 | -1209 |
| 2085 | -1380 | -1245 |
| 2086 | -1419 | -1281 |
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