’ Projections of Annual
Social Security Outlays and Revenues, 1985 to 2080 30
Box
3-1. Projecting the Taxation of Benefits Under …-
get that will be even greater than Social Security’s. Unless
taxation reaches levels that are unprecedented in the …-term model.)
a. Scheduled benefits and administrative costs.
b. Payroll taxes and revenues from the taxation of benefits.
B Low …