Proposed Provision: E2.6. Apply a 3 percent payroll tax on earnings above the current-law taxable maximum starting in 2018. 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 |
Current Law |
Provision |
| 2017 | 298 | 298 |
| 2018 | 287 | 287 |
| 2019 | 273 | 277 |
| 2020 | 259 | 267 |
| 2021 | 245 | 257 |
| 2022 | 230 | 246 |
| 2023 | 215 | 234 |
| 2024 | 199 | 222 |
| 2025 | 182 | 208 |
| 2026 | 165 | 194 |
| 2027 | 148 | 180 |
| 2028 | 130 | 166 |
| 2029 | 112 | 151 |
| 2030 | 94 | 136 |
| 2031 | 75 | 121 |
| 2032 | 56 | 106 |
| 2033 | 37 | 90 |
| 2034 | 16 | 73 |
| 2035 | -4 | 56 |
| 2036 | -26 | 39 |
| 2037 | -47 | 21 |
| 2038 | -70 | 3 |
| 2039 | -92 | -15 |
| 2040 | -115 | -34 |
| 2041 | -138 | -52 |
| 2042 | -161 | -70 |
| 2043 | -184 | -89 |
| 2044 | -207 | -107 |
| 2045 | -230 | -125 |
| 2046 | -253 | -144 |
| 2047 | -276 | -162 |
| 2048 | -300 | -180 |
| 2049 | -323 | -199 |
| 2050 | -346 | -217 |
| 2051 | -370 | -236 |
| 2052 | -393 | -254 |
| 2053 | -417 | -272 |
| 2054 | -440 | -291 |
| 2055 | -464 | -310 |
| 2056 | -487 | -328 |
| 2057 | -511 | -347 |
| 2058 | -536 | -367 |
| 2059 | -560 | -387 |
| 2060 | -585 | -407 |
| 2061 | -611 | -427 |
| 2062 | -637 | -448 |
| 2063 | -663 | -469 |
| 2064 | -690 | -491 |
| 2065 | -717 | -513 |
| 2066 | -745 | -535 |
| 2067 | -772 | -558 |
| 2068 | -801 | -581 |
| 2069 | -829 | -604 |
| 2070 | -858 | -628 |
| 2071 | -888 | -652 |
| 2072 | -918 | -677 |
| 2073 | -949 | -702 |
| 2074 | -981 | -728 |
| 2075 | -1014 | -755 |
| 2076 | -1047 | -783 |
| 2077 | -1082 | -811 |
| 2078 | -1117 | -840 |
| 2079 | -1153 | -869 |
| 2080 | -1190 | -899 |
| 2081 | -1227 | -929 |
| 2082 | -1264 | -959 |
| 2083 | -1300 | -989 |
| 2084 | -1337 | -1019 |
| 2085 | -1374 | -1049 |
| 2086 | -1410 | -1079 |
| 2087 | -1446 | -1109 |
| 2088 | -1483 | -1139 |
| 2089 | -1520 | -1170 |
| 2090 | -1557 | -1200 |
| 2091 | -1595 | -1231 |
| 2092 | -1633 | -1263 |
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