Proposed Provision: F7. For the estate tax, gift tax, and generation skipping transfer (GST) tax, return the respective exemption thresholds and tax rates to 2009 levels ($3.5 million threshold for estate tax with a top 45% tax rate) for deaths after 2021 and gifts made after 2021, with those levels not indexed in future years. All proceeds from the estate tax, gift tax, and GST tax would go to the OASI and DI Trust Funds.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2021253253
2022231231
2023214214
2024196198
2025178182
2026159166
2027141151
2028122135
2029104119
203085102
20316686
20324669
20332753
2034736
2035-1319
2036-331
2037-54-16
2038-76-34
2039-97-53
2040-119-71
2041-142-90
2042-165-109
2043-188-129
2044-211-148
2045-235-168
2046-258-188
2047-282-208
2048-306-228
2049-330-248
2050-354-268
2051-378-288
2052-403-309
2053-427-329
2054-452-350
2055-477-371
2056-502-392
2057-527-413
2058-552-434
2059-578-455
2060-604-477
2061-630-499
2062-657-522
2063-684-544
2064-712-568
2065-740-591
2066-768-615
2067-796-639
2068-825-664
2069-855-688
2070-884-713
2071-914-739
2072-945-764
2073-976-790
2074-1007-817
2075-1039-844
2076-1071-871
2077-1105-900
2078-1139-929
2079-1175-959
2080-1211-989
2081-1248-1020
2082-1286-1052
2083-1324-1084
2084-1363-1116
2085-1403-1149
2086-1443-1182
2087-1483-1216
2088-1524-1250
2089-1564-1283
2090-1604-1316
2091-1643-1348
2092-1681-1379
2093-1718-1409
2094-1754-1439
2095-1789-1468
2096-1825-1497
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