Medicare and Social Security Fair Share Act
Sponsor
Full profile: /officials/B001296
Source: Congress.gov · FEC
Cosponsors (0)
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.
Latest Action
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 →
Committee Activity
Currently in
- House Committee on Ways and MeansReferred To · 2025-05-08
Plain-English Summary
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.
Subjects
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