Amendment · S.Amdt. 4586· Senate(119-SAMDT-4586)
S.Amdt. 4586
Age: 77 years
Oregon
- Introduced
- 3/18/2026
- Sponsored by
- Ron Wyden
- Cosponsors
- None
- Changes bill
- 119-S-1383 — Veterans Accessibility Advisory Committee Act of 2025
- Introduced
- Pending Consideration
- Failed
What this amendment would do
SA 4586, submitted by Mr. WYDEN, is an amendment to bill S. 1383.
The purpose of this amendment is to increase the top individual tax rate. It aims to add a section to the Internal Revenue Code of 1986 to change the tax rate for high-income taxpayers.
- The amendment changes the 37-percent rate bracket to 39.6 percent for taxable income that exceeds an applicable threshold.
- The applicable threshold is $700,000,000 for certain paragraphs, and 1/2 of that amount for paragraph (2)(D).
- These changes apply to taxable years beginning after December 31, 2025.
- 3/18/2026
- Senate amendment submitted
This bill has no cosponsors