Proposed Provision: F11. Apply a separate 12.4-percent tax on net investment income (NII), as defined in the Affordable Care Act (ACA), payable to the OASI and DI Trust Funds with an unindexed threshold of $400,000, effective 2028 and later. The NII tax would apply to the lesser of NII and the excess of modified adjusted income (MAGI) above the unindexed threshold of $400,000. This single threshold would apply regardless of tax filing status. Do not provide benefit credit on this new revenue.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2026 | 151 | 151 |
| 2027 | 131 | 131 |
| 2028 | 111 | 111 |
| 2029 | 92 | 98 |
| 2030 | 74 | 86 |
| 2031 | 57 | 74 |
| 2032 | 40 | 63 |
| 2033 | 23 | 52 |
| 2034 | 7 | 42 |
| 2035 | -9 | 32 |
| 2036 | -25 | 22 |
| 2037 | -41 | 12 |
| 2038 | -58 | 1 |
| 2039 | -76 | -10 |
| 2040 | -94 | -21 |
| 2041 | -112 | -33 |
| 2042 | -132 | -46 |
| 2043 | -151 | -58 |
| 2044 | -171 | -71 |
| 2045 | -192 | -85 |
| 2046 | -213 | -98 |
| 2047 | -234 | -112 |
| 2048 | -256 | -127 |
| 2049 | -279 | -141 |
| 2050 | -301 | -156 |
| 2051 | -324 | -171 |
| 2052 | -347 | -187 |
| 2053 | -371 | -203 |
| 2054 | -395 | -219 |
| 2055 | -420 | -236 |
| 2056 | -445 | -253 |
| 2057 | -470 | -271 |
| 2058 | -496 | -289 |
| 2059 | -522 | -308 |
| 2060 | -550 | -328 |
| 2061 | -578 | -348 |
| 2062 | -607 | -369 |
| 2063 | -636 | -390 |
| 2064 | -666 | -412 |
| 2065 | -697 | -435 |
| 2066 | -729 | -458 |
| 2067 | -761 | -482 |
| 2068 | -794 | -506 |
| 2069 | -827 | -531 |
| 2070 | -861 | -556 |
| 2071 | -896 | -582 |
| 2072 | -931 | -609 |
| 2073 | -967 | -636 |
| 2074 | -1004 | -664 |
| 2075 | -1042 | -693 |
| 2076 | -1081 | -722 |
| 2077 | -1121 | -753 |
| 2078 | -1162 | -784 |
| 2079 | -1204 | -816 |
| 2080 | -1248 | -849 |
| 2081 | -1292 | -883 |
| 2082 | -1337 | -917 |
| 2083 | -1384 | -952 |
| 2084 | -1431 | -988 |
| 2085 | -1480 | -1025 |
| 2086 | -1530 | -1063 |
| 2087 | -1581 | -1101 |
| 2088 | -1633 | -1141 |
| 2089 | -1686 | -1181 |
| 2090 | -1740 | -1221 |
| 2091 | -1795 | -1262 |
| 2092 | -1850 | -1304 |
| 2093 | -1906 | -1345 |
| 2094 | -1962 | -1387 |
| 2095 | -2019 | -1429 |
| 2096 | -2075 | -1472 |
| 2097 | -2132 | -1514 |
| 2098 | -2189 | -1556 |
| 2099 | -2246 | -1598 |
| 2100 | -2303 | -1641 |
| 2101 | -2359 | -1683 |
back