Medicare Equity Act of 2004 - Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act to provide that the monthly part B premium rates for any period after December 31, 2004, shall be the monthly premium rate in effect for a month in 2004.
Amends the Internal Revenue Code to increase from 35 to 36 percent the top rate of individual income tax.
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