Introduced
H. R. 7937
Introduced in House · April 1, 2026March 16, 2026
Mr. Beyer (for himself, Mr. Davis of Illinois, Mr. Larson of Connecticut, Ms. McBride, Mr. Thanedar, Ms. Randall, and Mr. Deluzio) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to make certain modifications in relation to the taxation of income required to fund basic living expenses, and for other purposes.
Alternative maximum tax for low- and middle-income individuals
Surcharge on high income individuals
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Working Americans’ Tax Cut Act”.