RBall_20050414

Table 1e— Projected OASDI Taxable Payroll
Calendar Year	OASDI Effective Taxable Payroll		Percent Change in Taxable Payroll Under the Proposal
	Present Law	Proposal	Percent Change in Taxable Payroll Under the Proposal
	(billions of nominal dollars)
2004	4,501	4,501	0.0
2005	4,730	4,730	0.0
2006	4,985	5,002	0.3
2007	5,244	5,280	0.7
2008	5,511	5,566	1.0
2009	5,784	5,862	1.4
2010	6,065	6,180	1.9
2011	6,354	6,509	2.4
2012	6,646	6,845	3.0
2013	6,946	7,191	3.5
2014	7,258	7,548	4.0
2015	7,583	7,920	4.4
2016	7,919	8,305	4.9
2017	8,268	8,706	5.3
2018	8,630	9,120	5.7
2019	9,005	9,550	6.1
2020	9,391	9,994	6.4
2021	9,794	10,456	6.8
2022	10,209	10,935	7.1
2023	10,640	11,432	7.4
2024	11,085	11,946	7.8
2025	11,545	12,475	8.1
2026	12,024	13,028	8.3
2027	12,527	13,612	8.7
2028	13,054	14,224	9.0
2029	13,599	14,856	9.2
2030	14,166	15,512	9.5
2031	14,758	16,199	9.8
2032	15,381	16,927	10.1
2033	16,033	17,690	10.3
2034	16,714	18,483	10.6
2035	17,418	19,304	10.8
2036	18,153	20,163	11.1
2037	18,923	21,069	11.3
2038	19,728	22,016	11.6
2039	20,569	23,004	11.8
2040	21,442	24,019	12.0
2041	22,353	25,078	12.2
2042	23,302	26,188	12.4
2043	24,292	27,349	12.6
2044	25,321	28,515	12.6
2045	26,386	29,711	12.6
2046	27,491	30,955	12.6
2047	28,642	32,251	12.6
2048	29,842	33,607	12.6
2049	31,085	35,003	12.6
2050	32,374	36,454	12.6
2051	33,719	37,965	12.6
2052	35,120	39,545	12.6
2053	36,579	41,193	12.6
2054	38,101	42,906	12.6
2055	39,682	44,683	12.6
2056	41,324	46,531	12.6
2057	43,036	48,460	12.6
2058	44,817	50,471	12.6
2059	46,670	52,558	12.6
2060	48,600	54,729	12.6
2061	50,605	56,984	12.6
2062	52,699	59,345	12.6
2063	54,883	61,809	12.6
2064	57,155	64,367	12.6
2065	59,520	67,030	12.6
2066	61,964	69,783	12.6
2067	64,511	72,655	12.6
2068	67,183	75,665	12.6
2069	69,970	78,802	12.6
2070	72,868	82,068	12.6
2071	75,881	85,464	12.6
2072	79,015	88,995	12.6
2073	82,282	92,675	12.6
2074	85,685	96,508	12.6
2075	89,221	100,496	12.6
2076	92,900	104,638	12.6
2077	96,727	108,951	12.6
2078	100,711	113,439	12.6
2079	104,859	118,125	12.7