S 1652 · 117th Congress

Paying a Fair Share Act of 2021

<p><strong>Paying a Fair Share Act of 2021</strong></p> <p> This bill requires 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 dedu…

Sponsor

Whitehouse, Sheldon (D-RI)

Introduced

2021-05-17

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance.