Search Results: keywords:"investment gain tax"

  • H. R. 1700 — To enhance Social Security benefits and ensure the long-term solvency of the Social Security program.
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    Status:Introduced in House
    Words:10,454

    H. R. 1700, titled the "Social Security Expansion Act," aims to enhance Social Security benefits and ensure the program's long-term solvency. The bill proposes increasing benefits across the board, calculating cost-of-living adjustments using a new index focused on elderly consumers, and...

    Simple Explanation

    The "Social Security Expansion Act" is a plan to give more money to people who get Social Security and make sure there’s enough money for it in the future by changing how taxes and benefits work. It also wants to help kids who go to school by letting them get money longer if they stay in school until they’re 22.

  • S. 770 — To enhance Social Security benefits and ensure the long-term solvency of the Social Security program.
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    Status:Introduced in Senate
    Words:10,366

    The Social Security Expansion Act seeks to enhance Social Security benefits and ensure long-term financial stability for the program. It proposes an across-the-board benefit increase, changes in how cost-of-living increases are calculated by utilizing a new Consumer Price...

    Simple Explanation

    The Social Security Expansion Act wants to give more money to people who get Social Security by making richer people and investors pay more taxes, and it tries to make sure there's enough money in the future by managing it all together in one big piggy bank.