The "Keep Your Pay Act" is designed to enhance financial support for workers and families, particularly those with children, by amending the Internal Revenue Code. A key feature of the legislation is the significant increase in the standard deduction, which will rise to $56,250 for married couples and $37,500 for single filers starting in 2026. The act also proposes higher income tax rates for top earners, raising the top rate from 35% to 41% and from 37% to 43% for certain income brackets.