Contact Congress about S. 1690: Medicare and Social Security Fair Share Act

People with high wages, self-employment income, or investment income would pay more in federal taxes. The bill sends much of that extra money to Social Security and Medicare trust funds.

Modern Action explains what the legislation does, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Medicare and Social Security Fair Share Act is a Senate bill in committee. The latest recorded action: Read twice and referred to the Committee on Finance.

Latest action on S. 1690: Read twice and referred to the Committee on Finance.

Who this affects: This bill mainly affects people with high incomes. Workers, self-employed people, investors, and some trusts or estates would face higher taxes if their income is above the bill's limits. Employers would also need to handle new payroll withholding rules for high earners. Social Security and Medicare beneficiaries could be affected indirectly because the bill aims to add money to the programs' trust funds.

Why this matters: Social Security and Medicare face funding pressure, and this bill would ask high-income people to pay more into those systems. It would shift more of the cost toward high wages, self-employment earnings, and investment income. That could raise federal tax bills for high earners and add money to the trust funds. The bill does not change benefits or program spending, and it does not spell out the full effect on long-term solvency.

Key provisions in S. 1690

• Wages between the current Social Security wage cap and $400,000 would face Social Security payroll tax when the cap is below $400,000.
• When one business buys another, a worker's pay from the old employer would still count toward the Social Security wage cap at the new employer.
• Wages above $400,000 for most filers would face a new 1.2% Medicare Hospital Insurance payroll tax. For joint tax returns, the line would be $500,000.
• Self-employed people would pay a matching 1.2% Medicare tax on earnings above $400,000, or $500,000 for joint filers. Wages already hit by the new payroll tax would reduce the amount subject to this self-employment tax.
• Taxpayers could not use the new 1.2% self-employment Medicare tax as an income-tax deduction. The current partial deduction for existing self-employment Medicare taxes would stay.

How Modern Action helps you take action on S. 1690

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about S. 1690

What is S. 1690?

People with high wages, self-employment income, or investment income would pay more in federal taxes. The bill sends much of that extra money to Social Security and Medicare trust funds.

How do I support or oppose S. 1690?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about S. 1690?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

How does Modern Action help me act on S. 1690?

Modern Action gives you bill-specific context, lets you choose support, opposition, or changes, and drafts a message from your position and reasons.