US HB1124 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 23-0)
Status: Introduced on March 16 2011 - 25% progression, died in committee
Action: 2011-03-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Fairness in Taxation Act of 2011 - Amends the Internal Revenue Code to: (1) increase individual income tax rates for taxpayers whose taxable income exceeds $1 million, and (2) provide for an adjustment in the capital gains tax of taxpayers whose taxable income is subject to the 45% tax bracket.

Tracking Information

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Title

Fairness in Taxation Act of 2011

Sponsors


History

DateChamberAction
2011-03-16HouseReferred to the House Committee on Ways and Means.

Same As/Similar To

HB6535 (Related) 2012-09-21 - Referred to House Ways and Means

Subjects


US Congress State Sources


Bill Comments

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