Summary Measures and Graphs

Description of Proposed Provision:
H9: Apply Federal income tax to all Social Security benefits for all beneficiaries with incomes above $100,000 for individual filers and $125,000 for joint filers, effective in 2028. These thresholds increase by CPI for years after 2028. Revenue from this provision would be credited to the Social Security trust funds.

Estimates based on the intermediate assumptions of the 2025 Trustees Report
Summary Measures
Current law
[percent of payroll]		 Change from current law
[percent of payroll]		 Shortfall eliminated
Long-range
actuarial
balance		 Annual
balance in
75th year		 Long-range
actuarial
balance		 Annual
balance in
75th year		 Long-range
actuarial
balance		 Annual
balance in
75th year
-3.82 -4.84 0.16 0.24 4% 5%

graph of OASDI cost rates and income rates by year, under current law and provision. click on graph to view underlying data. graph of OASDI trust fund ratio by year, under current law and provision. click on graph to view underlying data.