Paying a Fair Share Act of 2025 imposes a tax on high-income taxpayers.
The Paying a Fair Share Act of 2025 imposes a tax on high-income taxpayers. The tax is equal to 30 percent of the excess of the taxpayer's adjusted gross income over $1,000,000. The tax is subject to an inflation adjustment. The bill applies to taxable years beginning after December 31, 2024.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.