Working Americans’ Tax Cut Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 14
- Latest action
- Mar 16, 2026
What it does
The Working Americans’ Tax Cut Act would amend the Internal Revenue Code to cap income tax liability for low- and middle-income individuals at 25.5% of their modified adjusted gross income above a cost-of-living exemption, which is tied to inflation and varies by filing status. It would also impose a new surcharge on high-income individuals, applying progressive rates of 5%, 10%, and 12% on portions of modified adjusted gross income exceeding $1 million, with adjustments for inflation and joint filers. Both provisions would take effect for taxable years beginning after December 31, 2025, and use a modified adjusted gross income calculation that includes certain excluded foreign income and…
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.
Where it goes next
While a bill can still move, the questions are about people and money.