Proposed Provision: E2.7. Apply a 6 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 |
| 2016 | 303 | 303 |
| 2017 | 293 | 293 |
| 2018 | 277 | 285 |
| 2019 | 262 | 278 |
| 2020 | 246 | 270 |
| 2021 | 231 | 263 |
| 2022 | 216 | 255 |
| 2023 | 200 | 245 |
| 2024 | 183 | 235 |
| 2025 | 165 | 224 |
| 2026 | 149 | 214 |
| 2027 | 132 | 203 |
| 2028 | 115 | 193 |
| 2029 | 98 | 183 |
| 2030 | 81 | 173 |
| 2031 | 64 | 163 |
| 2032 | 46 | 153 |
| 2033 | 27 | 142 |
| 2034 | 8 | 131 |
| 2035 | -11 | 120 |
| 2036 | -30 | 109 |
| 2037 | -50 | 97 |
| 2038 | -71 | 85 |
| 2039 | -91 | 73 |
| 2040 | -112 | 61 |
| 2041 | -133 | 48 |
| 2042 | -154 | 36 |
| 2043 | -176 | 24 |
| 2044 | -197 | 12 |
| 2045 | -218 | 0 |
| 2046 | -240 | -12 |
| 2047 | -262 | -24 |
| 2048 | -283 | -36 |
| 2049 | -305 | -48 |
| 2050 | -327 | -60 |
| 2051 | -349 | -72 |
| 2052 | -371 | -84 |
| 2053 | -393 | -96 |
| 2054 | -415 | -109 |
| 2055 | -437 | -121 |
| 2056 | -460 | -134 |
| 2057 | -482 | -147 |
| 2058 | -506 | -161 |
| 2059 | -529 | -175 |
| 2060 | -553 | -189 |
| 2061 | -578 | -203 |
| 2062 | -603 | -218 |
| 2063 | -628 | -233 |
| 2064 | -654 | -249 |
| 2065 | -680 | -265 |
| 2066 | -706 | -281 |
| 2067 | -733 | -297 |
| 2068 | -760 | -314 |
| 2069 | -788 | -332 |
| 2070 | -816 | -349 |
| 2071 | -845 | -367 |
| 2072 | -874 | -386 |
| 2073 | -905 | -405 |
| 2074 | -935 | -424 |
| 2075 | -967 | -444 |
| 2076 | -1000 | -465 |
| 2077 | -1033 | -486 |
| 2078 | -1068 | -507 |
| 2079 | -1102 | -529 |
| 2080 | -1138 | -551 |
| 2081 | -1173 | -573 |
| 2082 | -1208 | -595 |
| 2083 | -1243 | -617 |
| 2084 | -1279 | -639 |
| 2085 | -1314 | -661 |
| 2086 | -1349 | -683 |
| 2087 | -1384 | -706 |
| 2088 | -1419 | -729 |
| 2089 | -1455 | -752 |
| 2090 | -1491 | -775 |
| 2091 | -1528 | -799 |
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