Proposed Provision: Apply a 3 percent payroll tax on earnings above the current-law taxable maximum starting in 2017. 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 Present Law Provision
2016303303
2017293293
2018277281
2019262270
2020246259
2021231248
2022216236
2023200223
2024183209
2025165195
2026149182
2027132168
2028115155
202998141
203081128
203164114
203246100
20332786
2034871
2035-1156
2036-3041
2037-5025
2038-719
2039-91-8
2040-112-24
2041-133-41
2042-154-57
2043-176-74
2044-197-90
2045-218-107
2046-240-123
2047-262-140
2048-283-157
2049-305-174
2050-327-191
2051-349-208
2052-371-225
2053-393-242
2054-415-259
2055-437-276
2056-460-294
2057-482-311
2058-506-330
2059-529-348
2060-553-367
2061-578-387
2062-603-406
2063-628-427
2064-654-447
2065-680-468
2066-706-489
2067-733-511
2068-760-533
2069-788-555
2070-816-578
2071-845-601
2072-874-625
2073-905-650
2074-935-675
2075-967-701
2076-1000-727
2077-1033-754
2078-1068-782
2079-1102-810
2080-1138-838
2081-1173-867
2082-1208-895
2083-1243-924
2084-1279-953
2085-1314-981
2086-1349-1009
2087-1384-1038
2088-1419-1067
2089-1455-1096
2090-1491-1126
2091-1528-1156
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