Imposes a wealth tax on assets over $1 billion and expands Medicare to cover dental, hearing, and vision services.
The bill introduces a wealth tax on the net value of assets held by taxpayers exceeding $1 billion, with a 5% annual tax rate. It also expands Medicare coverage to include dental and oral health services, hearing aids, and routine eye examinations starting in 2028. The bill allocates funds for child care services, aiming to ensure quality and accessibility, especially for underserved populations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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