Search Results: keywords:"high-income taxpayers"

  • H. R. 2534 — To ensure high-income earners pay a fair share of Federal taxes.
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    Status:Introduced in House
    Words:1,348

    H.R. 2534, known as the "Paying a Fair Share Act of 2025," aims to ensure that high-income taxpayers in the United States contribute a reasonable portion of their income as federal taxes. The bill proposes a new "Fair Share Tax" for individuals with an adjusted gross income over $1 million,...

    Simple Explanation

    The "Paying a Fair Share Act of 2025" is a plan to make sure very rich people in the U.S. pay more taxes to help the government, and it wants to change the rules so that everyone feels like the rich are paying what they should.

  • H. R. 463 — To amend the Internal Revenue Code of 1986 to expand the earned income and child tax credits, and for other purposes.
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    Status:Introduced in House
    Words:15,117

    The bill H. R. 463, titled "Lower Your Taxes Act," aims to amend the Internal Revenue Code of 1986 to expand the earned income and child tax credits. This includes increasing the eligibility and benefits of these credits, allowing refundable child tax credits with monthly advance payments,...

    Simple Explanation

    The bill, called the "Lower Your Taxes Act," wants to give more money back to families and people who earn less by expanding special tax credits. It also includes making some people and businesses pay more taxes, all to help our country have less debt.