Falling share of earnings subject to Social Security taxes: Share of earnings subject to Social Security taxes, 1950–2021
| Share of earnings above the cap | |
|---|---|
| 1950 | 79.7% |
| 1951 | 81.1% |
| 1952 | 80.5% |
| 1953 | 78.5% |
| 1954 | 77.7% |
| 1955 | 80.3% |
| 1956 | 78.8% |
| 1957 | 77.5% |
| 1958 | 76.4% |
| 1959 | 79.3% |
| 1960 | 78.1% |
| 1961 | 77.4% |
| 1962 | 75.8% |
| 1963 | 74.6% |
| 1964 | 72.8% |
| 1965 | 71.3% |
| 1966 | 80.0% |
| 1967 | 78.1% |
| 1968 | 81.7% |
| 1969 | 80.1% |
| 1970 | 78.2% |
| 1971 | 76.3% |
| 1972 | 78.3% |
| 1973 | 81.8% |
| 1974 | 85.3% |
| 1975 | 84.4% |
| 1976 | 84.3% |
| 1977 | 85.0% |
| 1978 | 83.8% |
| 1979 | 87.3% |
| 1980 | 88.9% |
| 1981 | 89.2% |
| 1982 | 90.0% |
| 1983 | 90.0% |
| 1984 | 89.3% |
| 1985 | 88.9% |
| 1986 | 88.6% |
| 1987 | 87.6% |
| 1988 | 85.8% |
| 1989 | 86.8% |
| 1990 | 87.2% |
| 1991 | 87.8% |
| 1992 | 86.8% |
| 1993 | 87.2% |
| 1994 | 87.1% |
| 1995 | 85.8% |
| 1996 | 85.7% |
| 1997 | 85.1% |
| 1998 | 84.5% |
| 1999 | 83.9% |
| 2000 | 83.2% |
| 2001 | 84.7% |
| 2002 | 86.1% |
| 2003 | 85.9% |
| 2004 | 84.8% |
| 2005 | 84.1% |
| 2006 | 83.4% |
| 2007 | 82.6% |
| 2008 | 83.6% |
| 2009 | 85.2% |
| 2010 | 84.1% |
| 2011 | 83.6% |
| 2012 | 82.8% |
| 2013 | 83.6% |
| 2014 | 83.1% |
| 2015 | 82.9% |
| 2016 | 83.1% |
| 2017 | 83.5% |
| 2018 | 83.2% |
| 2019 | 83.5% |
| 2020 | 82.7% |
| 2021 | 81.4% |
Source: Annual Statistical Supplement 2022, Table 4.B1, Social Security Administration.