Proposed Provision: F5. Tax Reform for Business: Establish a value added tax of 3.0 percent for 2018 and 6.5 percent for 2019 and later. Starting in 2018, reduce the corporate income tax rate from 35 to 27 percent.

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

Year Present Law Provision
2016303303
2017293293
2018277277
2019262259
2020246240
2021231222
2022216204
2023200186
2024183167
2025165147
2026149129
2027132110
202811591
20299873
20308154
20316435
20324615
203327-5
20348-25
2035-11-46
2036-30-67
2037-50-88
2038-71-110
2039-91-132
2040-112-154
2041-133-177
2042-154-199
2043-176-222
2044-197-244
2045-218-267
2046-240-289
2047-262-312
2048-283-335
2049-305-357
2050-327-380
2051-349-403
2052-371-426
2053-393-448
2054-415-471
2055-437-494
2056-460-517
2057-482-540
2058-506-564
2059-529-588
2060-553-613
2061-578-638
2062-603-663
2063-628-689
2064-654-715
2065-680-742
2066-706-769
2067-733-796
2068-760-824
2069-788-852
2070-816-881
2071-845-910
2072-874-940
2073-905-971
2074-935-1002
2075-967-1035
2076-1000-1068
2077-1033-1102
2078-1068-1137
2079-1102-1173
2080-1138-1209
2081-1173-1245
2082-1208-1281
2083-1243-1317
2084-1279-1353
2085-1314-1389
2086-1349-1424
2087-1384-1460
2088-1419-1496
2089-1455-1533
2090-1491-1570
2091-1528-1607
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