U.S. Congress - S.2230 Paying a Fair Share Act of 2012
S.2230 - Paying a Fair Share Act of 2012
A bill to reduce the deficit by imposing a minimum effective tax rate for high-income taxpayers. view all titles (2)
All Bill Titles
- Official: A bill to reduce the deficit by imposing a minimum effective tax rate for high-income taxpayers. as introduced.
- Short: Paying a Fair Share Act of 2012 as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 4
- Past Seven Days: 19
- All-Time: 1,922
|
|
|
|
|
|
|
|
Committees
No Committees found for this Bill
Latest Vote
Roll call number 65 in the Senate
Question: On Cloture on the Motion to Proceed S. 2230
Official Summary
3/22/2012--Introduced.Paying a Fair Share Act of 2012 - Amends the Internal Revenue Code to require an individual taxpayer whose adjusted gross income exceeds $1 million to pay a minimum tax rate of 30% of the excess of the taxpayer's adjusted gross income over the taxpayer's modOfficial Summary
3/22/2012--Introduced.Paying a Fair Share Act of 2012 - Amends the Internal Revenue Code to require an individual taxpayer whose adjusted gross income exceeds $1 million to pay a minimum tax rate of 30% of the excess of the taxpayer's adjusted gross income over the taxpayer's modified charitable contribution deduction for the taxable year (tentative fair share tax). Establishes the amount of such tax as the excess (if any) of the tentative fair share tax over the excess of:(1) the sum of the taxpayer's regular tax liability, the alternative minimum tax (AMT) amount, and the payroll tax for the taxable year; over
(2) certain tax credits. Provides for a phase-in of such tax. Requires an inflation adjustment to the $1 million income threshold for taxable years beginning after 2013. Expresses the sense of the Senate that Congress should enact tax reform that repeals unfair and unnecessary tax loopholes and expenditures, simplifies the tax system, and makes sure that the wealthiest taxpayers pay a fair share of taxes.
...Read the Rest
Organizations Supporting S.2230
- Sargent Shriver National Center on Poverty Law
- American Association of University Women
- People for the American Way
- YWCA USA
- United Steelworkers
- United for a Fair Economy
- ...and 63 more. See all.
Organizations Opposing S.2230
- US Chamber of Commerce
- Bankrupting America
- Alliant Group
- Fair Tax Nation
Latest Letters to Congress
-
S.2230 Paying a Fair Share Act of 2012
msoneill
April 18, 2012
I am writing as your constituent in the 2nd Congressional district of Connecticut. I oppose S.2230 - Paying a Fair Share Act of 2012, and make far less than a miilion dollars per year. This bill will suppress entreprenueralship. I am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
-
S.2230 Paying a Fair Share Act of 2012
spiffy3
April 17, 2012
I oppose S.2230 - Paying a Fair Share Act of 2012, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sen. Hatch, your most-recent roll call vote on this bill was 'Abstain'.
Sen. Hatch, I know that you took $300 in the 2010 election cycle from health & welfare policy interest groups who support S.2230.
Sen. Hatch, I know that you took $0 in the 2010 election cycle from democratic/liberal interest groups who support S.... -
S.2230 Paying a Fair Share Act of 2012
Leeg23
April 17, 2012
I am writing as your constituent in the 21st Congressional district of Florida. I support S.2230 - Paying a Fair Share Act of 2012, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sen. Rubio, your most-recent roll call vote on this bill was 'Nay'.
I urge you to fix the tax loophole benefitting the highest earners, so they too may contribute to our country.
Sincerely,
Lee Goldstein
Vote on This Bill
-
Share This Bill
More Share via Email
