Amendment · S.Amdt. 4598· Senate(119-SAMDT-4598)

S.Amdt. 4598

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

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

What this amendment would do

SA 4598, submitted by Mr. Wyden, is an amendment to bill S. 1383. Its purpose is to increase the top individual tax rate.

The amendment aims to add a section to the Internal Revenue Code of 1986 that changes the tax rate for high-income taxpayers for taxable years beginning after December 31, 2025.

The specific changes include:

The tax rate for taxable income exceeding the applicable threshold will be 39.6 percent, instead of the 37-percent rate bracket.
The applicable threshold is defined as $40,000,000 for certain taxpayers and 1/2 of that amount for others.