Proposed Provision: Apply a 3 percent payroll tax on earnings above the current-law taxable maximum starting in 2014. 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 |
| 2013 | 330 | 330 |
| 2014 | 315 | 315 |
| 2015 | 301 | 305 |
| 2016 | 286 | 293 |
| 2017 | 271 | 283 |
| 2018 | 257 | 273 |
| 2019 | 244 | 264 |
| 2020 | 231 | 254 |
| 2021 | 218 | 245 |
| 2022 | 204 | 234 |
| 2023 | 189 | 223 |
| 2024 | 173 | 211 |
| 2025 | 158 | 199 |
| 2026 | 142 | 186 |
| 2027 | 125 | 173 |
| 2028 | 108 | 159 |
| 2029 | 90 | 145 |
| 2030 | 71 | 130 |
| 2031 | 52 | 115 |
| 2032 | 31 | 98 |
| 2033 | 11 | 82 |
| 2034 | -11 | 65 |
| 2035 | -32 | 47 |
| 2036 | -55 | 29 |
| 2037 | -78 | 11 |
| 2038 | -101 | -8 |
| 2039 | -124 | -27 |
| 2040 | -148 | -46 |
| 2041 | -172 | -65 |
| 2042 | -196 | -84 |
| 2043 | -220 | -103 |
| 2044 | -245 | -122 |
| 2045 | -269 | -142 |
| 2046 | -294 | -161 |
| 2047 | -319 | -181 |
| 2048 | -345 | -201 |
| 2049 | -371 | -221 |
| 2050 | -397 | -242 |
| 2051 | -423 | -262 |
| 2052 | -449 | -283 |
| 2053 | -476 | -304 |
| 2054 | -502 | -325 |
| 2055 | -530 | -347 |
| 2056 | -557 | -369 |
| 2057 | -585 | -391 |
| 2058 | -613 | -413 |
| 2059 | -642 | -437 |
| 2060 | -671 | -460 |
| 2061 | -701 | -484 |
| 2062 | -732 | -509 |
| 2063 | -763 | -534 |
| 2064 | -794 | -559 |
| 2065 | -826 | -585 |
| 2066 | -859 | -611 |
| 2067 | -892 | -638 |
| 2068 | -925 | -665 |
| 2069 | -959 | -692 |
| 2070 | -993 | -720 |
| 2071 | -1028 | -749 |
| 2072 | -1064 | -778 |
| 2073 | -1101 | -808 |
| 2074 | -1139 | -839 |
| 2075 | -1178 | -871 |
| 2076 | -1217 | -903 |
| 2077 | -1258 | -936 |
| 2078 | -1299 | -969 |
| 2079 | -1340 | -1003 |
| 2080 | -1382 | -1037 |
| 2081 | -1424 | -1071 |
| 2082 | -1466 | -1106 |
| 2083 | -1508 | -1140 |
| 2084 | -1550 | -1174 |
| 2085 | -1592 | -1209 |
| 2086 | -1635 | -1244 |
| 2087 | -1678 | -1280 |
| 2088 | -1722 | -1316 |
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