Proposed Provision: E2.6. Apply a 3 percent payroll tax on earnings above the current-law taxable maximum starting in 2017. Do not provide benefit credit for earnings above the current-law taxable maximum.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2016 | 303 | 303 |
| 2017 | 293 | 293 |
| 2018 | 277 | 281 |
| 2019 | 262 | 270 |
| 2020 | 246 | 259 |
| 2021 | 231 | 248 |
| 2022 | 216 | 236 |
| 2023 | 200 | 223 |
| 2024 | 183 | 209 |
| 2025 | 165 | 195 |
| 2026 | 149 | 182 |
| 2027 | 132 | 168 |
| 2028 | 115 | 155 |
| 2029 | 98 | 141 |
| 2030 | 81 | 128 |
| 2031 | 64 | 114 |
| 2032 | 46 | 100 |
| 2033 | 27 | 86 |
| 2034 | 8 | 71 |
| 2035 | -11 | 56 |
| 2036 | -30 | 41 |
| 2037 | -50 | 25 |
| 2038 | -71 | 9 |
| 2039 | -91 | -8 |
| 2040 | -112 | -24 |
| 2041 | -133 | -41 |
| 2042 | -154 | -57 |
| 2043 | -176 | -74 |
| 2044 | -197 | -90 |
| 2045 | -218 | -107 |
| 2046 | -240 | -123 |
| 2047 | -262 | -140 |
| 2048 | -283 | -157 |
| 2049 | -305 | -174 |
| 2050 | -327 | -191 |
| 2051 | -349 | -208 |
| 2052 | -371 | -225 |
| 2053 | -393 | -242 |
| 2054 | -415 | -259 |
| 2055 | -437 | -276 |
| 2056 | -460 | -294 |
| 2057 | -482 | -311 |
| 2058 | -506 | -330 |
| 2059 | -529 | -348 |
| 2060 | -553 | -367 |
| 2061 | -578 | -387 |
| 2062 | -603 | -406 |
| 2063 | -628 | -427 |
| 2064 | -654 | -447 |
| 2065 | -680 | -468 |
| 2066 | -706 | -489 |
| 2067 | -733 | -511 |
| 2068 | -760 | -533 |
| 2069 | -788 | -555 |
| 2070 | -816 | -578 |
| 2071 | -845 | -601 |
| 2072 | -874 | -625 |
| 2073 | -905 | -650 |
| 2074 | -935 | -675 |
| 2075 | -967 | -701 |
| 2076 | -1000 | -727 |
| 2077 | -1033 | -754 |
| 2078 | -1068 | -782 |
| 2079 | -1102 | -810 |
| 2080 | -1138 | -838 |
| 2081 | -1173 | -867 |
| 2082 | -1208 | -895 |
| 2083 | -1243 | -924 |
| 2084 | -1279 | -953 |
| 2085 | -1314 | -981 |
| 2086 | -1349 | -1009 |
| 2087 | -1384 | -1038 |
| 2088 | -1419 | -1067 |
| 2089 | -1455 | -1096 |
| 2090 | -1491 | -1126 |
| 2091 | -1528 | -1156 |
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