Amendment · S.Amdt. 4591· Senate(119-SAMDT-4591)
S.Amdt. 4591
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 4591, submitted by Mr. Wyden, is an amendment to bill S. 1383. Its purpose is to increase the top individual tax rate.
It aims to add a section to the Internal Revenue Code of 1986 that makes the following changes for taxable years beginning after December 31, 2025:
-
The tax rate for a taxpayer's taxable income that exceeds the applicable threshold will be 39.6 percent instead of 37 percent.
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The applicable threshold is defined as:
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$200,000,000 for paragraph (2)(A), (2)(B), and (2)(C).
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1/2 of that amount for paragraph (2)(D).
- 3/18/2026
- Senate amendment submitted
This bill has no cosponsors