HR 2143
115th Congress
House
Taxation
General taxation matters
Tax reform and tax simplification
Donald J. Trump Wealth Tax Act of 2017
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
Plain-English summary
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's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1