Proposed Provision: Increase the threshold for taxation of OASDI benefits to $50,000 for single filers and $100,000 for joint filers starting in 2016. Taxation of benefits revenues transferred to the Hospital Insurance (HI) Trust Fund would be the same as if the current-law computation applied.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2014 | 320 | 320 |
| 2015 | 306 | 306 |
| 2016 | 292 | 292 |
| 2017 | 277 | 275 |
| 2018 | 262 | 259 |
| 2019 | 248 | 243 |
| 2020 | 233 | 226 |
| 2021 | 219 | 210 |
| 2022 | 203 | 194 |
| 2023 | 187 | 177 |
| 2024 | 171 | 159 |
| 2025 | 154 | 141 |
| 2026 | 137 | 122 |
| 2027 | 119 | 103 |
| 2028 | 101 | 84 |
| 2029 | 83 | 64 |
| 2030 | 64 | 43 |
| 2031 | 44 | 22 |
| 2032 | 23 | 0 |
| 2033 | 2 | -22 |
| 2034 | -20 | -45 |
| 2035 | -42 | -69 |
| 2036 | -65 | -93 |
| 2037 | -88 | -118 |
| 2038 | -112 | -142 |
| 2039 | -136 | -168 |
| 2040 | -160 | -193 |
| 2041 | -185 | -219 |
| 2042 | -210 | -245 |
| 2043 | -235 | -271 |
| 2044 | -260 | -298 |
| 2045 | -285 | -324 |
| 2046 | -310 | -351 |
| 2047 | -336 | -378 |
| 2048 | -362 | -405 |
| 2049 | -388 | -432 |
| 2050 | -415 | -460 |
| 2051 | -442 | -487 |
| 2052 | -468 | -515 |
| 2053 | -495 | -543 |
| 2054 | -523 | -571 |
| 2055 | -550 | -600 |
| 2056 | -578 | -629 |
| 2057 | -606 | -658 |
| 2058 | -635 | -688 |
| 2059 | -664 | -718 |
| 2060 | -694 | -749 |
| 2061 | -725 | -780 |
| 2062 | -756 | -812 |
| 2063 | -787 | -844 |
| 2064 | -819 | -877 |
| 2065 | -852 | -910 |
| 2066 | -885 | -944 |
| 2067 | -918 | -978 |
| 2068 | -952 | -1013 |
| 2069 | -987 | -1048 |
| 2070 | -1022 | -1084 |
| 2071 | -1057 | -1121 |
| 2072 | -1094 | -1158 |
| 2073 | -1132 | -1197 |
| 2074 | -1171 | -1237 |
| 2075 | -1210 | -1277 |
| 2076 | -1251 | -1319 |
| 2077 | -1293 | -1361 |
| 2078 | -1335 | -1405 |
| 2079 | -1378 | -1448 |
| 2080 | -1421 | -1492 |
| 2081 | -1464 | -1536 |
| 2082 | -1507 | -1581 |
| 2083 | -1550 | -1624 |
| 2084 | -1593 | -1669 |
| 2085 | -1636 | -1713 |
| 2086 | -1680 | -1757 |
| 2087 | -1724 | -1802 |
| 2088 | -1769 | -1848 |
| 2089 | -1814 | -1894 |
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