Proposed Provision: Tax Reform for Business: Establish a value added tax (VAT) of 3.0 percent for 2012 and 6.5 percent for 2013 and later. Lower the corporate income tax rate from 35 to 27 percent starting 2012.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2010 | 355 | 355 |
| 2011 | 353 | 353 |
| 2012 | 350 | 350 |
| 2013 | 346 | 342 |
| 2014 | 341 | 334 |
| 2015 | 335 | 325 |
| 2016 | 330 | 317 |
| 2017 | 324 | 308 |
| 2018 | 317 | 299 |
| 2019 | 309 | 289 |
| 2020 | 299 | 278 |
| 2021 | 289 | 266 |
| 2022 | 277 | 253 |
| 2023 | 264 | 239 |
| 2024 | 251 | 224 |
| 2025 | 237 | 209 |
| 2026 | 221 | 192 |
| 2027 | 205 | 175 |
| 2028 | 189 | 158 |
| 2029 | 171 | 139 |
| 2030 | 154 | 121 |
| 2031 | 136 | 102 |
| 2032 | 117 | 82 |
| 2033 | 98 | 62 |
| 2034 | 79 | 42 |
| 2035 | 59 | 21 |
| 2036 | 39 | 1 |
| 2037 | 19 | -20 |
| 2038 | -1 | -41 |
| 2039 | -21 | -63 |
| 2040 | -42 | -84 |
| 2041 | -63 | -106 |
| 2042 | -84 | -128 |
| 2043 | -105 | -150 |
| 2044 | -126 | -171 |
| 2045 | -147 | -193 |
| 2046 | -168 | -215 |
| 2047 | -189 | -238 |
| 2048 | -211 | -260 |
| 2049 | -233 | -283 |
| 2050 | -255 | -305 |
| 2051 | -277 | -328 |
| 2052 | -299 | -351 |
| 2053 | -321 | -374 |
| 2054 | -344 | -397 |
| 2055 | -366 | -420 |
| 2056 | -389 | -444 |
| 2057 | -412 | -468 |
| 2058 | -436 | -492 |
| 2059 | -460 | -517 |
| 2060 | -485 | -542 |
| 2061 | -509 | -568 |
| 2062 | -534 | -593 |
| 2063 | -560 | -620 |
| 2064 | -586 | -646 |
| 2065 | -612 | -673 |
| 2066 | -638 | -700 |
| 2067 | -665 | -728 |
| 2068 | -692 | -755 |
| 2069 | -720 | -784 |
| 2070 | -748 | -812 |
| 2071 | -776 | -841 |
| 2072 | -805 | -871 |
| 2073 | -834 | -901 |
| 2074 | -864 | -931 |
| 2075 | -894 | -962 |
| 2076 | -925 | -994 |
| 2077 | -957 | -1026 |
| 2078 | -989 | -1059 |
| 2079 | -1021 | -1092 |
| 2080 | -1054 | -1125 |
| 2081 | -1087 | -1160 |
| 2082 | -1121 | -1194 |
| 2083 | -1156 | -1230 |
| 2084 | -1191 | -1266 |
| 2085 | -1227 | -1302 |
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