Proposed Provision: H4. Increase the threshold for taxation of OASDI benefits to $50,000 for single filers and $100,000 for joint filers starting in 2019. Taxation of benefits revenues transferred to the Hospital Insurance (HI) Trust Fund would be the same as if the current-law computation applied.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2017 | 298 | 298 |
| 2018 | 287 | 287 |
| 2019 | 273 | 273 |
| 2020 | 259 | 257 |
| 2021 | 245 | 241 |
| 2022 | 230 | 225 |
| 2023 | 215 | 209 |
| 2024 | 199 | 191 |
| 2025 | 182 | 173 |
| 2026 | 165 | 155 |
| 2027 | 148 | 136 |
| 2028 | 130 | 117 |
| 2029 | 112 | 98 |
| 2030 | 94 | 79 |
| 2031 | 75 | 59 |
| 2032 | 56 | 39 |
| 2033 | 37 | 18 |
| 2034 | 16 | -4 |
| 2035 | -4 | -26 |
| 2036 | -26 | -48 |
| 2037 | -47 | -71 |
| 2038 | -70 | -94 |
| 2039 | -92 | -118 |
| 2040 | -115 | -142 |
| 2041 | -138 | -166 |
| 2042 | -161 | -190 |
| 2043 | -184 | -215 |
| 2044 | -207 | -239 |
| 2045 | -230 | -263 |
| 2046 | -253 | -287 |
| 2047 | -276 | -311 |
| 2048 | -300 | -336 |
| 2049 | -323 | -360 |
| 2050 | -346 | -384 |
| 2051 | -370 | -408 |
| 2052 | -393 | -433 |
| 2053 | -417 | -457 |
| 2054 | -440 | -481 |
| 2055 | -464 | -505 |
| 2056 | -487 | -530 |
| 2057 | -511 | -554 |
| 2058 | -536 | -579 |
| 2059 | -560 | -605 |
| 2060 | -585 | -630 |
| 2061 | -611 | -657 |
| 2062 | -637 | -683 |
| 2063 | -663 | -710 |
| 2064 | -690 | -737 |
| 2065 | -717 | -765 |
| 2066 | -745 | -793 |
| 2067 | -772 | -822 |
| 2068 | -801 | -850 |
| 2069 | -829 | -880 |
| 2070 | -858 | -909 |
| 2071 | -888 | -939 |
| 2072 | -918 | -970 |
| 2073 | -949 | -1002 |
| 2074 | -981 | -1034 |
| 2075 | -1014 | -1067 |
| 2076 | -1047 | -1102 |
| 2077 | -1082 | -1137 |
| 2078 | -1117 | -1173 |
| 2079 | -1153 | -1210 |
| 2080 | -1190 | -1247 |
| 2081 | -1227 | -1285 |
| 2082 | -1264 | -1322 |
| 2083 | -1300 | -1360 |
| 2084 | -1337 | -1397 |
| 2085 | -1374 | -1434 |
| 2086 | -1410 | -1471 |
| 2087 | -1446 | -1508 |
| 2088 | -1483 | -1545 |
| 2089 | -1520 | -1583 |
| 2090 | -1557 | -1620 |
| 2091 | -1595 | -1659 |
| 2092 | -1633 | -1697 |
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