Proposed Provision: Make 90% of the earnings subject to the payroll tax (phased in 2010-2019), but retain the current-law taxable maximum for benefit purposes. This estimate considers all self-employed earnings in computing the percentage of earnings subject to the payroll tax.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2009354354
2010360360
2011366368
2012369372
2013367374
2014364374
2015359374
2016354373
2017347371
2018338368
2019327363
2020315358
2021302351
2022289344
2023275336
2024260327
2025244318
2026227307
2027209296
2028191284
2029173272
2030153259
2031133246
2032113233
203392219
203471205
203550191
203629177
20377163
2038-16149
2039-38135
2040-61121
2041-83108
2042-10694
2043-12980
2044-15266
2045-17552
2046-19939
2047-22225
2048-24611
2049-270-3
2050-294-17
2051-318-31
2052-342-45
2053-366-59
2054-391-74
2055-415-88
2056-440-103
2057-466-118
2058-491-133
2059-517-149
2060-544-165
2061-570-181
2062-598-197
2063-625-214
2064-653-231
2065-681-248
2066-710-266
2067-739-283
2068-768-302
2069-798-320
2070-828-339
2071-859-358
2072-890-378
2073-922-398
2074-954-418
2075-987-439
2076-1020-461
2077-1054-482
2078-1089-505
2079-1124-527
2080-1159-550
2081-1195-574
2082-1232-598
2083-1270-622
2084-1308-648
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