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To amend title II of the Social Security Act and the Internal Revenue Code of 1986 to modify the portion of wages and self-employment income subject to payroll taxes, and for other purposes.

USA115th CongressHR-1631| House 
| Updated: 3/20/2017
Charlie Crist

Charlie Crist

Democratic Representative

Florida

Cosponsors (1)
Gregorio Kilili Camacho Sablan (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Save Social Security Act of 2017 This bill amends the Internal Revenue Code and title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to: (1) apply Social Security payroll taxes to annual income above $300,000; (2) include earnings above $300,000 in the benefit formula; and (3) increase to $100,000 the income threshold above which Social Security benefits are included in gross income. (Under current law, Social Security payroll taxes apply to the first $127,200 of income in 2017 and benefits are included in the gross income of individuals with certain income that exceeds thresholds of $0, $25,000, or $32,000, depending on the individual's filing status.)
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Timeline
Mar 20, 2017
Introduced in House
Mar 20, 2017
Referred to the House Committee on Ways and Means.
  • March 20, 2017
    Introduced in House


  • March 20, 2017
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • HR 115-2855: To amend title II of the Social Security Act to enhance Social Security benefits and maintain the commitment and the long-term solvency of the Social Security program.
Employment taxesGovernment trust fundsIncome tax exclusionSelf-employedSocial security and elderly assistanceWages and earnings

To amend title II of the Social Security Act and the Internal Revenue Code of 1986 to modify the portion of wages and self-employment income subject to payroll taxes, and for other purposes.

USA115th CongressHR-1631| House 
| Updated: 3/20/2017
Save Social Security Act of 2017 This bill amends the Internal Revenue Code and title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to: (1) apply Social Security payroll taxes to annual income above $300,000; (2) include earnings above $300,000 in the benefit formula; and (3) increase to $100,000 the income threshold above which Social Security benefits are included in gross income. (Under current law, Social Security payroll taxes apply to the first $127,200 of income in 2017 and benefits are included in the gross income of individuals with certain income that exceeds thresholds of $0, $25,000, or $32,000, depending on the individual's filing status.)
View Full Text

Suggested Questions

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Timeline
Mar 20, 2017
Introduced in House
Mar 20, 2017
Referred to the House Committee on Ways and Means.
  • March 20, 2017
    Introduced in House


  • March 20, 2017
    Referred to the House Committee on Ways and Means.
Charlie Crist

Charlie Crist

Democratic Representative

Florida

Cosponsors (1)
Gregorio Kilili Camacho Sablan (Democratic)

Ways and Means Committee

Taxation

Related Bills

  • HR 115-2855: To amend title II of the Social Security Act to enhance Social Security benefits and maintain the commitment and the long-term solvency of the Social Security program.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employment taxesGovernment trust fundsIncome tax exclusionSelf-employedSocial security and elderly assistanceWages and earnings