In CommitteeFiled Mar 16, 2026
Sponsor: Rep. Beyer, Donald S. [D-VA-8] (D)
Latest Action
Referred to the House Committee on Ways and Means.
Mar 16, 2026
Summary
The Working Americans’ Tax Cut Act limits the amount of tax low‑ and middle‑income people can owe, using a cost‑of‑living exemption. It also imposes an extra tax on individuals earning over $1 million, with rates that rise as income increases. The goal is to ease the tax burden on most workers while raising revenue from the wealthiest earners.
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