Proposed Provision: Make 90 percent of the earnings subject to the payroll tax (phased in 2009-2018), but retain the current-law taxable maximum for benefit purposes. This estimate considers all self-employed earnings in computing the percentage of earnings subject to the payroll tax.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| | |
| 2008 | 359 | 359 |
| 2009 | 369 | 369 |
| 2010 | 378 | 379 |
| 2011 | 386 | 389 |
| 2012 | 392 | 397 |
| 2013 | 394 | 402 |
| 2014 | 395 | 407 |
| 2015 | 393 | 410 |
| 2016 | 390 | 412 |
| 2017 | 385 | 413 |
| 2018 | 378 | 413 |
| 2019 | 371 | 412 |
| 2020 | 361 | 410 |
| 2021 | 351 | 407 |
| 2022 | 341 | 402 |
| 2023 | 329 | 397 |
| 2024 | 316 | 391 |
| 2025 | 302 | 384 |
| 2026 | 287 | 376 |
| 2027 | 272 | 367 |
| 2028 | 256 | 358 |
| 2029 | 239 | 347 |
| 2030 | 221 | 337 |
| 2031 | 203 | 326 |
| 2032 | 185 | 314 |
| 2033 | 166 | 303 |
| 2034 | 147 | 291 |
| 2035 | 127 | 279 |
| 2036 | 108 | 268 |
| 2037 | 88 | 256 |
| 2038 | 67 | 244 |
| 2039 | 47 | 233 |
| 2040 | 26 | 221 |
| 2041 | 6 | 210 |
| 2042 | -15 | 198 |
| 2043 | -36 | 187 |
| 2044 | -57 | 175 |
| 2045 | -78 | 164 |
| 2046 | -100 | 153 |
| 2047 | -121 | 141 |
| 2048 | -143 | 130 |
| 2049 | -165 | 118 |
| 2050 | -187 | 106 |
| 2051 | -209 | 94 |
| 2052 | -232 | 82 |
| 2053 | -254 | 70 |
| 2054 | -277 | 58 |
| 2055 | -300 | 45 |
| 2056 | -324 | 32 |
| 2057 | -347 | 19 |
| 2058 | -372 | 6 |
| 2059 | -396 | -8 |
| 2060 | -421 | -22 |
| 2061 | -447 | -36 |
| 2062 | -472 | -51 |
| 2063 | -498 | -66 |
| 2064 | -525 | -81 |
| 2065 | -552 | -96 |
| 2066 | -579 | -112 |
| 2067 | -607 | -128 |
| 2068 | -635 | -144 |
| 2069 | -664 | -161 |
| 2070 | -693 | -177 |
| 2071 | -722 | -195 |
| 2072 | -752 | -212 |
| 2073 | -782 | -230 |
| 2074 | -813 | -249 |
| 2075 | -845 | -267 |
| 2076 | -876 | -287 |
| 2077 | -909 | -306 |
| 2078 | -942 | -326 |
| 2079 | -975 | -346 |
| 2080 | -1009 | -367 |
| 2081 | -1044 | -388 |
| 2082 | -1079 | -410 |
| 2083 | -1114 | -432 |
| 2084 | -1151 | -454 |
| 2085 | -1188 | -477 |
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