MAGA Act

House Bill

H.R. 4535

119th Congress

MAGA Act

In Committee

Introduced:Sep 8, 2025

Primary Sponsor

David J. Taylor

Representative

Republican

OH-2

Cosponsors

2

Quick Stats

Policy Area

Taxation

Summary

The MAGA Act would require people with very high incomes, over $400,000 per year, to pay extra taxes that would go towards funding the Social Security and Medicare programs. This would help ensure these important government programs have enough money to keep providing benefits to retired and disabled Americans.

Latest Action

Referred to the Subcommittee on Social Security.

AI Summary

Plain-English explanation of this bill

The MAGA Act would require people with very high incomes, over $400,000 per year, to pay extra taxes that would go towards funding the Social Security and Medicare programs. This would help ensure these important government programs have enough money to keep providing benefits to retired and disabled Americans.

Last updated: 12/30/2025

Official Summary

Congressional Research Service summary

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).

Key Points

Main provisions of the bill

The bill extends the payroll tax on wages, self-employment income, and investment income for taxpayers earning over $400,000 per year.
The bill also applies a payroll tax on the business income of taxpayers earning more than $400,000 per year.
The goal is to increase funding for the Social Security and Medicare trust funds, which provide critical benefits to retirees and disabled individuals.

How This Impacts Americans

Potential effects on citizens and communities

If this bill becomes law, it would primarily impact Americans with very high incomes, over $400,000 per year. They would have to pay higher taxes that would go towards supporting the Social Security and Medicare programs. This would help ensure these important safety net programs remain financially stable and can continue providing benefits to the millions of Americans who rely on them.

Policy Areas

Primary Policy Area

Taxation

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

4535, 119th Congress (2025). "MAGA Act". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-4535