I 
119TH CONGRESS 
1ST SESSION H. R. 3271 
To amend the Internal Revenue Code of 1986 to increase funding for Social 
Security and Medicare. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 8, 2025 
Mr. BOYLE of Pennsylvania introduced the following bill; which was referred 
to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to increase 
funding for Social Security and Medicare. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Medicare and Social 
Security Fair Share Act’’. 
SEC. 2. MODIFICATION OF PAYROLL TAXES. 
(a) WAGE BASE FOR TAXES FUNDING SOCIAL SECU-
RITY.— 
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(1) IN
GENERAL.—Paragraph (1) of section 
3121(a) of the Internal Revenue Code of 1986 is 
amended to read as follows: 
‘‘(1) in the case of taxes imposed by sections 
3101(a) and 3111(a), for any calendar year in which 
the contribution and benefit base (as determined 
under section 230 of the Social Security Act) is less 
than $400,000, so much of the remuneration (other 
than remuneration referred to in the succeeding 
paragraphs of this subsection) with respect to em-
ployment that has been paid to an individual by an 
employer during the calendar year as exceeds such 
contribution and benefit base but does not exceed 
$400,000;’’. 
(2) CONFORMING AMENDMENTS.— 
(A) 
SUCCESSOR
EMPLOYERS.—Section 
3121 of the Internal Revenue Code of 1986 is 
amended by adding at the end the following 
new subsection: 
‘‘(aa) SPECIAL RULES
FOR SUCCESSOR EMPLOY-
ERS.—For purposes of subsection (a)(1), if an employer 
(hereinafter referred to as successor employer) during any 
calendar year acquires substantially all the property used 
in a trade or business of another employer (hereinafter 
referred to as a predecessor), or used in a separate unit 
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of a trade or business of a predecessor, and immediately 
after the acquisition employs in his trade or business an 
individual who immediately prior to the acquisition was 
employed in the trade or business of such predecessor, 
then, for the purpose of determining the amount of remu-
neration paid by the successor employer under such sub-
section, any remuneration (other than remuneration re-
ferred to in the paragraphs succeeding paragraph (1) of 
subsection (a)) with respect to employment paid (or con-
sidered under this subsection as having been paid) to such 
individual by such predecessor during such calendar year 
and prior to such acquisition shall be considered as having 
been paid by such successor employer.’’. 
(B) APPLICATION TO RAILROAD RETIRE-
MENT
TAXES.—Clause 
(i) 
of 
section 
3231(e)(2)(A) of such Code is amended to read 
as follows: 
‘‘(i) IN GENERAL.—For any calendar 
year in which the applicable base is less 
than $400,000, the term ‘compensation’ 
does not include so much of the remunera-
tion paid during any calendar year to an 
individual by an employer for services ren-
dered as an employee to such employer as 
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exceeds the applicable base but does not 
exceed $400,000.’’. 
(b) FURTHER ADDITIONAL HOSPITAL INSURANCE 
TAX ON VERY HIGH INCOME TAXPAYERS.— 
(1) IN GENERAL.—Section 3101(b) of the In-
ternal Revenue Code of 1986 is amended by adding 
at the end the following new paragraph: 
‘‘(3) FURTHER ADDITIONAL TAX.—In addition 
to the tax imposed by paragraphs (1) and (2) and 
the preceding subsection, there is hereby imposed on 
every taxpayer (other than a corporation, estate, or 
trust) a tax equal to 1.2 percent of wages which are 
received with respect to employment (as defined in 
section 3121(b)) during the taxable year which are 
in excess of— 
‘‘(A) in the case of a joint return, 
$500,000, 
‘‘(B) in the case of a married taxpayer (as 
defined in section 7703) filing a separate re-
turn, 1⁄2 of the dollar amount determined under 
subparagraph (A), and 
‘‘(C) in any other case, $400,000.’’. 
(2) COLLECTION
OF
TAX.—Section 3102 of 
such Code is amended by adding at the end the fol-
lowing new subsection: 
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‘‘(g) SPECIAL RULES FOR FURTHER ADDITIONAL 
TAX.— 
‘‘(1) IN GENERAL.—In the case of any tax im-
posed by section 3101(b)(3), subsection (a) shall 
only apply to the extent to which the taxpayer re-
ceives wages from the employer in excess of 
$400,000, and the employer may disregard the 
amount of wages received by such taxpayer’s spouse. 
‘‘(2) COLLECTION
OF
AMOUNTS
NOT
WITH-
HELD.—To the extent that the amount of any tax 
imposed by section 3101(b)(3) is not collected by the 
employer, such tax shall be paid by the employee. 
‘‘(3) TAX PAID BY RECIPIENT.—If an employer, 
in violation of this chapter, fails to deduct and with-
hold the tax imposed by section 3101(b)(3) and 
thereafter the tax is paid by the employee, the tax 
so required to be deducted and withheld shall not be 
collected from the employer, but this paragraph shall 
in no case relieve the employer from liability for any 
penalties or additions to tax otherwise applicable in 
respect of such failure to deduct and withhold.’’. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to remuneration paid, and taxable 
years beginning, on or after January 1 of the first cal-
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endar year that begins after the date of enactment of this 
Act. 
SEC. 3. MODIFICATION OF TAXES ON SELF-EMPLOYMENT 
INCOME. 
(a) TAX ON NET EARNINGS FROM SELF-EMPLOY-
MENT UP TO CONTRIBUTION AND BENEFIT BASE AND 
MORE
THAN
$400,000.—Paragraph (1) of section 
1402(b) of the Internal Revenue Code of 1986 is amended 
to read as follows: 
‘‘(1) in the case of the tax imposed by section 
1401(a) for any taxable year beginning in a calendar 
year in which the contribution and benefit base (as 
determined under section 230 of the Social Security 
Act) is less than $400,000, the excess (if any) of— 
‘‘(A) so much of the net earnings from 
self-employment which is in excess of— 
‘‘(i) an amount equal to the contribu-
tion and benefit base (as determined under 
section 230 of the Social Security Act) 
which is effective for the calendar year in 
which such taxable year begins, reduced 
(but not below zero) by 
‘‘(ii) the amount of the wages paid to 
such individual during such taxable year, 
over 
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