For self-employed individuals, income is subject to a Social Security payroll tax of 12.4% up to a $135,700 inflation-indexed ceiling. A new administration plans to change the payroll tax rates by imposing a new tax of 12.4% for self-employed individuals on income above a fixed, non-indexed level of $250,000. This change would create a donut hole where income between the original tax ceiling and the new tax level is not taxed. If the rate of inflation is 2.1% and the original tax ceiling is updated each year, how many years until the donut hole is closed (rounded up)?

Group of answer choices

34 years

30 years

23 years

46 years

None of the above