Proposed Provision: F11. Apply a separate 12.4-percent tax on net investment income (NII), as defined in the Affordable Care Act (ACA), payable to the OASI and DI Trust Funds with an unindexed threshold of $400,000, effective 2025 and later. The NII tax would apply to the lesser of NII and the excess of modified adjusted income (MAGI) above the unindexed threshold of $400,000. This single threshold would apply regardless of tax filing status.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2023 | 204 | 204 |
| 2024 | 187 | 187 |
| 2025 | 168 | 168 |
| 2026 | 149 | 155 |
| 2027 | 131 | 142 |
| 2028 | 114 | 130 |
| 2029 | 96 | 118 |
| 2030 | 78 | 105 |
| 2031 | 60 | 93 |
| 2032 | 43 | 80 |
| 2033 | 25 | 67 |
| 2034 | 7 | 55 |
| 2035 | -12 | 42 |
| 2036 | -31 | 29 |
| 2037 | -51 | 16 |
| 2038 | -70 | 2 |
| 2039 | -91 | -12 |
| 2040 | -112 | -26 |
| 2041 | -133 | -41 |
| 2042 | -154 | -55 |
| 2043 | -176 | -70 |
| 2044 | -198 | -85 |
| 2045 | -220 | -99 |
| 2046 | -243 | -114 |
| 2047 | -265 | -129 |
| 2048 | -288 | -144 |
| 2049 | -311 | -159 |
| 2050 | -333 | -174 |
| 2051 | -357 | -190 |
| 2052 | -380 | -205 |
| 2053 | -403 | -220 |
| 2054 | -427 | -236 |
| 2055 | -450 | -251 |
| 2056 | -474 | -267 |
| 2057 | -498 | -283 |
| 2058 | -522 | -300 |
| 2059 | -547 | -316 |
| 2060 | -572 | -333 |
| 2061 | -597 | -351 |
| 2062 | -623 | -369 |
| 2063 | -650 | -387 |
| 2064 | -677 | -406 |
| 2065 | -705 | -425 |
| 2066 | -733 | -444 |
| 2067 | -762 | -464 |
| 2068 | -791 | -484 |
| 2069 | -820 | -505 |
| 2070 | -850 | -525 |
| 2071 | -880 | -547 |
| 2072 | -911 | -568 |
| 2073 | -942 | -590 |
| 2074 | -974 | -612 |
| 2075 | -1006 | -635 |
| 2076 | -1039 | -658 |
| 2077 | -1074 | -681 |
| 2078 | -1108 | -706 |
| 2079 | -1144 | -731 |
| 2080 | -1181 | -756 |
| 2081 | -1218 | -782 |
| 2082 | -1256 | -808 |
| 2083 | -1294 | -834 |
| 2084 | -1333 | -860 |
| 2085 | -1373 | -887 |
| 2086 | -1413 | -914 |
| 2087 | -1453 | -941 |
| 2088 | -1494 | -968 |
| 2089 | -1534 | -995 |
| 2090 | -1574 | -1021 |
| 2091 | -1613 | -1047 |
| 2092 | -1651 | -1072 |
| 2093 | -1689 | -1097 |
| 2094 | -1726 | -1121 |
| 2095 | -1762 | -1144 |
| 2096 | -1798 | -1167 |
| 2097 | -1833 | -1190 |
| 2098 | -1868 | -1213 |
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