Proposed Provision: F7. For the estate tax, gift tax, and generation skipping transfer (GST) tax, return the respective exemption thresholds and tax rates to 2009 levels ($3.5 million threshold for estate tax with a top 45% tax rate) for deaths after 2023 and gifts made after 2023, with those levels not indexed in future years. All proceeds from the estate tax, gift tax, and GST tax would go to the OASI and DI Trust Funds.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2023204204
2024187187
2025168168
2026149151
2027131136
2028114121
202996106
20307891
20316076
20324361
20332546
2034731
2035-1215
2036-31-1
2037-51-17
2038-70-34
2039-91-51
2040-112-68
2041-133-86
2042-154-104
2043-176-122
2044-198-141
2045-220-159
2046-243-177
2047-265-196
2048-288-215
2049-311-234
2050-333-253
2051-357-272
2052-380-291
2053-403-311
2054-427-330
2055-450-350
2056-474-370
2057-498-390
2058-522-410
2059-547-431
2060-572-452
2061-597-474
2062-623-496
2063-650-518
2064-677-541
2065-705-565
2066-733-589
2067-762-613
2068-791-637
2069-820-662
2070-850-688
2071-880-713
2072-911-739
2073-942-766
2074-974-793
2075-1006-820
2076-1039-848
2077-1074-877
2078-1108-907
2079-1144-937
2080-1181-968
2081-1218-999
2082-1256-1031
2083-1294-1063
2084-1333-1096
2085-1373-1129
2086-1413-1162
2087-1453-1196
2088-1494-1229
2089-1534-1263
2090-1574-1296
2091-1613-1328
2092-1651-1360
2093-1689-1391
2094-1726-1421
2095-1762-1451
2096-1798-1481
2097-1833-1510
2098-1868-1538
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