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H.R. 5043 — Millionaires Surtax Act | PoliFocus

H.R. 5043116th Congress

Millionaires Surtax Act

To amend the Internal Revenue Code of 1986 to impose a surtax on high income individuals.

Sponsors

Rep. Beyer, Donald S., Jr. [D-VA-8]

6 cosponsors

Subjects

Taxation

Summary

Millionaires Surtax Act

This bill imposes an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million.

Full Text

Related Legislation

S. 2809Millionaires Surtax Act
2019-11-07Read twice and referred to the Committee on Finance.
Related

Legislative Actions

2019-11-12
Introduced in House
2019-11-12
Introduced in House
2019-11-12
Referred to the House Committee on Ways and Means.

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