Proposed Provision: E2.6. Apply a 3 percent payroll tax on earnings above the current-law taxable maximum starting in 2019. 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 Current Law Provision
2018288288
2019272272
2020256260
2021239247
2022223234
2023206221
2024188207
2025171193
2026154179
2027137166
2028120152
2029104139
203086125
203169111
20325196
20333382
20341467
2035-551
2036-2535
2037-4619
2038-672
2039-88-15
2040-110-32
2041-132-50
2042-154-68
2043-176-86
2044-199-103
2045-221-121
2046-244-139
2047-267-157
2048-289-175
2049-312-192
2050-335-210
2051-358-228
2052-381-246
2053-403-264
2054-426-282
2055-450-300
2056-473-319
2057-496-337
2058-520-356
2059-544-376
2060-569-395
2061-594-415
2062-619-435
2063-645-456
2064-671-477
2065-698-499
2066-725-521
2067-752-543
2068-780-566
2069-808-589
2070-837-612
2071-866-636
2072-896-661
2073-927-686
2074-958-712
2075-990-738
2076-1023-765
2077-1057-793
2078-1092-822
2079-1128-851
2080-1165-881
2081-1202-912
2082-1240-942
2083-1278-973
2084-1316-1004
2085-1354-1036
2086-1392-1067
2087-1430-1098
2088-1468-1129
2089-1505-1159
2090-1543-1190
2091-1580-1221
2092-1618-1252
2093-1655-1283
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