Proposed Provision: E3.9. Beginning in 2033, apply 2 percent payroll tax rate on earnings over the wage-indexed equivalent of $200,000 in 2017 (about $380,400 in 2033), with the threshold wage-indexed after 2033. Do not provide benefit credit for additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2025 | 169 | 169 |
| 2026 | 149 | 149 |
| 2027 | 131 | 131 |
| 2028 | 113 | 113 |
| 2029 | 95 | 95 |
| 2030 | 78 | 78 |
| 2031 | 60 | 60 |
| 2032 | 43 | 43 |
| 2033 | 26 | 26 |
| 2034 | 9 | 10 |
| 2035 | -9 | -5 |
| 2036 | -27 | -21 |
| 2037 | -45 | -38 |
| 2038 | -63 | -55 |
| 2039 | -83 | -72 |
| 2040 | -102 | -90 |
| 2041 | -122 | -108 |
| 2042 | -143 | -127 |
| 2043 | -164 | -146 |
| 2044 | -185 | -166 |
| 2045 | -206 | -185 |
| 2046 | -228 | -205 |
| 2047 | -250 | -225 |
| 2048 | -272 | -245 |
| 2049 | -295 | -266 |
| 2050 | -317 | -286 |
| 2051 | -340 | -307 |
| 2052 | -363 | -328 |
| 2053 | -386 | -350 |
| 2054 | -409 | -371 |
| 2055 | -433 | -393 |
| 2056 | -457 | -415 |
| 2057 | -481 | -437 |
| 2058 | -505 | -460 |
| 2059 | -530 | -483 |
| 2060 | -556 | -507 |
| 2061 | -582 | -531 |
| 2062 | -609 | -556 |
| 2063 | -636 | -581 |
| 2064 | -664 | -607 |
| 2065 | -692 | -634 |
| 2066 | -721 | -660 |
| 2067 | -750 | -688 |
| 2068 | -780 | -715 |
| 2069 | -810 | -743 |
| 2070 | -840 | -772 |
| 2071 | -871 | -801 |
| 2072 | -903 | -830 |
| 2073 | -935 | -860 |
| 2074 | -967 | -891 |
| 2075 | -1000 | -922 |
| 2076 | -1035 | -954 |
| 2077 | -1070 | -987 |
| 2078 | -1106 | -1021 |
| 2079 | -1142 | -1055 |
| 2080 | -1180 | -1091 |
| 2081 | -1219 | -1127 |
| 2082 | -1258 | -1164 |
| 2083 | -1298 | -1201 |
| 2084 | -1338 | -1239 |
| 2085 | -1380 | -1279 |
| 2086 | -1423 | -1319 |
| 2087 | -1466 | -1359 |
| 2088 | -1510 | -1401 |
| 2089 | -1554 | -1442 |
| 2090 | -1599 | -1483 |
| 2091 | -1643 | -1525 |
| 2092 | -1687 | -1566 |
| 2093 | -1731 | -1607 |
| 2094 | -1774 | -1647 |
| 2095 | -1816 | -1687 |
| 2096 | -1858 | -1726 |
| 2097 | -1900 | -1765 |
| 2098 | -1941 | -1804 |
| 2099 | -1982 | -1842 |
| 2100 | -2022 | -1879 |
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