Proposed Provision: Increase the taxable maximum such that 90 percent of earnings would be subject to the payroll tax (phased in 2015-2024). Do not provide benefit credit for additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2014 | 320 | 320 |
| 2015 | 306 | 306 |
| 2016 | 292 | 293 |
| 2017 | 277 | 280 |
| 2018 | 262 | 268 |
| 2019 | 248 | 257 |
| 2020 | 233 | 246 |
| 2021 | 219 | 236 |
| 2022 | 203 | 226 |
| 2023 | 187 | 215 |
| 2024 | 171 | 204 |
| 2025 | 154 | 194 |
| 2026 | 137 | 182 |
| 2027 | 119 | 171 |
| 2028 | 101 | 159 |
| 2029 | 83 | 146 |
| 2030 | 64 | 134 |
| 2031 | 44 | 120 |
| 2032 | 23 | 106 |
| 2033 | 2 | 91 |
| 2034 | -20 | 76 |
| 2035 | -42 | 61 |
| 2036 | -65 | 45 |
| 2037 | -88 | 29 |
| 2038 | -112 | 13 |
| 2039 | -136 | -4 |
| 2040 | -160 | -20 |
| 2041 | -185 | -37 |
| 2042 | -210 | -54 |
| 2043 | -235 | -70 |
| 2044 | -260 | -87 |
| 2045 | -285 | -104 |
| 2046 | -310 | -121 |
| 2047 | -336 | -138 |
| 2048 | -362 | -155 |
| 2049 | -388 | -173 |
| 2050 | -415 | -190 |
| 2051 | -442 | -208 |
| 2052 | -468 | -226 |
| 2053 | -495 | -244 |
| 2054 | -523 | -262 |
| 2055 | -550 | -280 |
| 2056 | -578 | -299 |
| 2057 | -606 | -318 |
| 2058 | -635 | -338 |
| 2059 | -664 | -358 |
| 2060 | -694 | -379 |
| 2061 | -725 | -399 |
| 2062 | -756 | -421 |
| 2063 | -787 | -443 |
| 2064 | -819 | -465 |
| 2065 | -852 | -487 |
| 2066 | -885 | -510 |
| 2067 | -918 | -534 |
| 2068 | -952 | -558 |
| 2069 | -987 | -582 |
| 2070 | -1022 | -607 |
| 2071 | -1057 | -632 |
| 2072 | -1094 | -658 |
| 2073 | -1132 | -685 |
| 2074 | -1171 | -712 |
| 2075 | -1210 | -740 |
| 2076 | -1251 | -769 |
| 2077 | -1293 | -798 |
| 2078 | -1335 | -828 |
| 2079 | -1378 | -858 |
| 2080 | -1421 | -889 |
| 2081 | -1464 | -919 |
| 2082 | -1507 | -950 |
| 2083 | -1550 | -980 |
| 2084 | -1593 | -1011 |
| 2085 | -1636 | -1042 |
| 2086 | -1680 | -1073 |
| 2087 | -1724 | -1105 |
| 2088 | -1769 | -1137 |
| 2089 | -1814 | -1169 |
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