Bipartisan Tax Fairness Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 2
- Latest action
- Jul 2, 2025
What it does
The Bipartisan Tax Fairness Act of 2025 would amend the Internal Revenue Code to make permanent certain expiring income tax rates and establish a new top marginal tax rate of 39.6% for high-income earners across all filing statuses. It would update the tax brackets for married couples filing jointly, heads of households, unmarried individuals, married individuals filing separately, and estates and trusts, adjusting income thresholds and corresponding tax calculations. The bill also modifies inflation adjustment rules for tax brackets, rounds adjustments to the nearest $25 (or $50 for joint returns), and includes conforming changes to related code provisions, with the amendments taking…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.