The Millionaires Surtax Act aims to introduce an additional tax for high-income individuals in the United States. The primary objective is to increase tax revenue from wealthy taxpayers, specifically those earning above a certain threshold, in order to address income inequality and fund public services. The key provision of the Act imposes a 10 percent surtax on individuals whose modified adjusted gross income exceeds $2 million. For individuals who do not file a joint return, this threshold is set at million.