Voice your opinion on congressional bill S1174-118 and let lawmakers know your stance with UnPac!

Medicare and Social Security Fair Share Act

This bill increases funding for the Social Security and Medicare trust funds by extending the payroll tax on wages, self-employment income, and investment income to taxpayers with earnings exceeding $400,000.

The bill also applies a payroll tax on the pass-through business income of taxpayers earning more than $400,000 (thus eliminating the classification of earned income as distributed business profits).

HR34-118, HR4535-118,

Senate Actions

IntroReferral
Apr. 18 2023	Read twice and referred to the Committee on Finance.

Library of Congress Actions

IntroReferral
Apr. 18 2023	Introduced in Senate

Senate bill S1174-118

Medicare and Social Security Fair Share Act

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