Amendment · S.Amdt. 4593· Senate(119-SAMDT-4593)

S.Amdt. 4593

Age: 77 years

Oregon

Changes bill: 119-S-1383 — Veterans Accessibility Advisory Committee Act of 2025

This amendment was never taken up, and the bill finished without it. It was never voted on.

What this amendment would do

SA 4593, submitted by Mr. Wyden, aims to change the Internal Revenue Code of 1986 by increasing the top individual tax rate.

The amendment intends to add the following:

It changes the 37-percent rate bracket to 39.6 percent for taxable income that exceeds a specific threshold.
The applicable threshold is set at $90,000,000 for certain paragraphs, and 1/2 of that amount for another.
These changes would apply to taxable years starting after December 31, 2025.