Not adopted
This amendment was never taken up, and the bill finished without it. It was never voted on.
Its path through Congress
- Introduced
- Pending Consideration
- Failed
What this amendment would do
Mr. Kaine put forward this amendment to make specific changes to the bill. If we want to hold our officials accountable, we need to look at what they are trying to alter in the tax rules.
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Strike subtitle A of title I.
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Strike chapter 1 of subtitle B of title VII.
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Change section 70106 to tax income over $1,000,000 for individuals, or $500,000 for married folks filing separately, at a rate of 39.6 percent.
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Change the corporate tax rate from 21 percent to 25 percent.
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Make these tax changes apply to taxable years starting after December 31, 2025.
- 6/29/2025
- Senate amendment submitted
This bill has no cosponsors