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HR 2143 115th Congress House

Donald J. Trump Wealth Tax Act of 2017

Official title: To impose a net worth tax of 14.25 percent on all individuals and trusts with a net worth of $10,000,000 or more.

Introduced: January 19, 2018 Introduced by: Vargas, Juan Democratic · California See on congress.gov
Taxation General taxation mattersTax reform and tax simplification
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 25, 2017
Referred to the House Committee on Ways and Means.
Apr 25, 2017
Introduced in House
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 Latest action April 25, 2017

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
DeSaulnier, Mark
California · Jan 19, 2018
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2143: Donald J. Trump Wealth Tax Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-2143/
MLA
"H.R. 2143: Donald J. Trump Wealth Tax Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-2143/.
Bluebook (legal)
H.R. 2143, 115th Cong. (2026), https://openamerica.io/bill/115-HR-2143/.
Markdown link
[H.R. 2143: Donald J. Trump Wealth Tax Act of 2017](https://openamerica.io/bill/115-HR-2143/)
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