S. 5085: A bill to amend the Internal Revenue Code of 1986 to apply inflation adjustments to the additional hospital insurance tax on high income taxpayers.
S. 5085 is a federal bill in the 119th Congress. Currently, individuals earning above a fixed set dollar amount pay an additional hospital insurance tax on their wages, and that income threshold stays the same regardless of inflation. Under this bill, starting in 2027, those income thresholds will… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.
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