WASHINGTON, March 25 -- Sen. Chris Van Hollen issued the following press release:
Today, U.S. Senator Chris Van Hollen (D-Md.) reintroduced the Strengthen Social Security by Taxing Dynastic Wealth Act, legislation to improve the solvency of the Social Security Trust Fund with revenue generated by undoing Republicans' major cuts to the estate tax in 2017 and 2025 which have enabled the richest families in America to pass down vast wealth from generation to generation. This bill returns the estate tax to 2009 levels and invests those funds in Americans' retirement security.
"Donald Trump and Republicans are fueling the rise of an American aristocracy through their massive tax giveaways for the wealthy - including their cuts to the estate ta...