HR 1124 · 112th Congress · Taxation
Fairness in Taxation Act of 2011
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2011-03-16)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
20 Democrats