“Although the Social Security 2100 Act is unlikely to pass in the current Congress, it should,” Shannon Benton, executive director of The Senior Citizens League, said in a statement. “The bill is the gold standard for Social Security reform and accomplishes the majority of changes older Americans want to see for the program. Currently, Social Security uses the Consumer Price Index for Urban Wage Earners and Clerical Workers, or CPI-W.H.R. For Social Security Disability Insurance, the legislation would temporarily eliminate the five-month waiting period for benefits. Tax provisions target high earnersThe legislation would also impose a 12.4% tax on some net investment income for high-income taxpayers — applying to the lesser of investment income or the amount by which modified adjusted gross income exceeds $400,000.