
Full profile: /officials/B001296
Source: Congress.gov · FEC
Members who have signed on to support this bill since introduction. Source: Congress.gov.
No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Currently in
The proposal would increase Medicare and Social Security taxes on high-income earners by applying these payroll taxes to investment income like capital gains and dividends, not just wages. Currently, these taxes only apply to earned income up to a certain cap, so wealthy individuals who earn most of their money from investments pay a smaller percentage in these taxes than wage workers. The change would affect primarily high-income individuals and could increase funding for Medicare and Social Security programs.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
Bills by the same sponsor or covering overlapping subjects.