Proposed Provision: Apply a 3 percent payroll tax on earnings above the current-law taxable maximum starting in 2015. 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 |
| 2014 | 320 | 320 |
| 2015 | 306 | 306 |
| 2016 | 292 | 296 |
| 2017 | 277 | 285 |
| 2018 | 262 | 275 |
| 2019 | 248 | 264 |
| 2020 | 233 | 253 |
| 2021 | 219 | 242 |
| 2022 | 203 | 230 |
| 2023 | 187 | 218 |
| 2024 | 171 | 205 |
| 2025 | 154 | 191 |
| 2026 | 137 | 177 |
| 2027 | 119 | 163 |
| 2028 | 101 | 149 |
| 2029 | 83 | 134 |
| 2030 | 64 | 118 |
| 2031 | 44 | 102 |
| 2032 | 23 | 85 |
| 2033 | 2 | 68 |
| 2034 | -20 | 50 |
| 2035 | -42 | 32 |
| 2036 | -65 | 14 |
| 2037 | -88 | -5 |
| 2038 | -112 | -24 |
| 2039 | -136 | -44 |
| 2040 | -160 | -63 |
| 2041 | -185 | -83 |
| 2042 | -210 | -103 |
| 2043 | -235 | -123 |
| 2044 | -260 | -143 |
| 2045 | -285 | -163 |
| 2046 | -310 | -183 |
| 2047 | -336 | -204 |
| 2048 | -362 | -224 |
| 2049 | -388 | -245 |
| 2050 | -415 | -266 |
| 2051 | -442 | -287 |
| 2052 | -468 | -309 |
| 2053 | -495 | -330 |
| 2054 | -523 | -352 |
| 2055 | -550 | -374 |
| 2056 | -578 | -397 |
| 2057 | -606 | -419 |
| 2058 | -635 | -443 |
| 2059 | -664 | -466 |
| 2060 | -694 | -490 |
| 2061 | -725 | -515 |
| 2062 | -756 | -540 |
| 2063 | -787 | -566 |
| 2064 | -819 | -592 |
| 2065 | -852 | -618 |
| 2066 | -885 | -645 |
| 2067 | -918 | -673 |
| 2068 | -952 | -701 |
| 2069 | -987 | -729 |
| 2070 | -1022 | -758 |
| 2071 | -1057 | -787 |
| 2072 | -1094 | -818 |
| 2073 | -1132 | -849 |
| 2074 | -1171 | -881 |
| 2075 | -1210 | -913 |
| 2076 | -1251 | -947 |
| 2077 | -1293 | -981 |
| 2078 | -1335 | -1015 |
| 2079 | -1378 | -1051 |
| 2080 | -1421 | -1086 |
| 2081 | -1464 | -1121 |
| 2082 | -1507 | -1157 |
| 2083 | -1550 | -1192 |
| 2084 | -1593 | -1228 |
| 2085 | -1636 | -1264 |
| 2086 | -1680 | -1300 |
| 2087 | -1724 | -1336 |
| 2088 | -1769 | -1373 |
| 2089 | -1814 | -1411 |
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