- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedApril 25th, 2013
- house Committees
U.S. income disparity is at a level not seen since prior to the Great Depression. Would raise $78 billion in taxes, according to the Center on Tax Justice.
High tax rates on the rich come with an unaffordably high price for the U.S. economy in the form of reduced incentives for the rich to work and to save.