Bill115th CongressFiled Apr 25, 2017Taxation
H.R. 2143
Donald J. Trump Wealth Tax Act of 2017
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Apr 25, 2017)
Donald J. Trump Wealth Tax Act of 2017
This bill imposes a 14.25% tax on any U.S. citizen, resident, or applicable trust with a net worth that exceeds $10 million. The tax applies to the portion of the net worth that exceeds $10 million, excluding the value of any principal residence and its indebtedness.
What just happenedApr 25, 2017
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Vargas, Juan [D-CA-51](D-CA)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions2subjects
- Introduced in HouseApr 25, 2017
- Apr 25, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Apr 25, 2017IntroReferralIntro-H
Introduced in House
- Apr 25, 2017IntroReferral1000
Introduced in House