Senate
Apr 27, 2017A bill to ensure high-income earners pay a fair share of Federal taxes.
Summary
Official
Paying a Fair Share Act of 201 7 This bill amends the Internal Revenue Code to require an individual taxpayer whose adjusted gross income exceeds $1 million (high-income taxpayer) to pay a minimum tax rate of 30% of the excess of the taxpayer's adjusted gross income over the taxpayer's modified charitable contribution deduction for the taxable year (tentative...
Bill Progress
Bill has been introduced and assigned a number
Introduced(4/27/17)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
SW
Mr. Whitehouse
Senate (D) Rhode Island
Cosponsors (16)
Topics
Latest Action
Read twice and referred to the Committee on Finance.
Apr 27, 2017