Proposed Provision: H4. Increase the threshold for taxation of OASDI benefits to $50,000 for single filers and $100,000 for joint filers starting in 2020. 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 |
Current Law |
Provision |
| 2018 | 288 | 288 |
| 2019 | 272 | 272 |
| 2020 | 256 | 256 |
| 2021 | 239 | 238 |
| 2022 | 223 | 220 |
| 2023 | 206 | 202 |
| 2024 | 188 | 183 |
| 2025 | 171 | 165 |
| 2026 | 154 | 146 |
| 2027 | 137 | 129 |
| 2028 | 120 | 110 |
| 2029 | 104 | 92 |
| 2030 | 86 | 74 |
| 2031 | 69 | 55 |
| 2032 | 51 | 36 |
| 2033 | 33 | 17 |
| 2034 | 14 | -3 |
| 2035 | -5 | -24 |
| 2036 | -25 | -45 |
| 2037 | -46 | -67 |
| 2038 | -67 | -89 |
| 2039 | -88 | -111 |
| 2040 | -110 | -134 |
| 2041 | -132 | -157 |
| 2042 | -154 | -181 |
| 2043 | -176 | -204 |
| 2044 | -199 | -228 |
| 2045 | -221 | -251 |
| 2046 | -244 | -275 |
| 2047 | -267 | -299 |
| 2048 | -289 | -322 |
| 2049 | -312 | -346 |
| 2050 | -335 | -370 |
| 2051 | -358 | -393 |
| 2052 | -381 | -417 |
| 2053 | -403 | -441 |
| 2054 | -426 | -465 |
| 2055 | -450 | -488 |
| 2056 | -473 | -512 |
| 2057 | -496 | -536 |
| 2058 | -520 | -561 |
| 2059 | -544 | -586 |
| 2060 | -569 | -611 |
| 2061 | -594 | -636 |
| 2062 | -619 | -662 |
| 2063 | -645 | -689 |
| 2064 | -671 | -716 |
| 2065 | -698 | -743 |
| 2066 | -725 | -770 |
| 2067 | -752 | -799 |
| 2068 | -780 | -827 |
| 2069 | -808 | -856 |
| 2070 | -837 | -885 |
| 2071 | -866 | -915 |
| 2072 | -896 | -945 |
| 2073 | -927 | -976 |
| 2074 | -958 | -1008 |
| 2075 | -990 | -1041 |
| 2076 | -1023 | -1074 |
| 2077 | -1057 | -1109 |
| 2078 | -1092 | -1144 |
| 2079 | -1128 | -1181 |
| 2080 | -1165 | -1218 |
| 2081 | -1202 | -1256 |
| 2082 | -1240 | -1295 |
| 2083 | -1278 | -1333 |
| 2084 | -1316 | -1372 |
| 2085 | -1354 | -1411 |
| 2086 | -1392 | -1450 |
| 2087 | -1430 | -1489 |
| 2088 | -1468 | -1527 |
| 2089 | -1505 | -1565 |
| 2090 | -1543 | -1603 |
| 2091 | -1580 | -1641 |
| 2092 | -1618 | -1679 |
| 2093 | -1655 | -1717 |
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