Strengthen Social Security by Taxing Dynastic Wealth Act
Read twice and referred to the Committee on Finance.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jun 25, 2019
Strengthen Social Security by Taxing Dynastic Wealth Act
This bill returns the taxation of estates and gifts to levels that were in effect in 2009. This increases the maximum rate for estates and gifts to 45% and modifies exemptions.
The bill also combines the existing Social Security trust funds into a single Social Security Trust Fund and provides for the deposit of increased estate and gift tax revenue into the consolidated trust fund.
Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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