Bill
HR 8085
Ultra-Millionaire Tax Act of 2026
119th Congress
Introduced by Yassamin Ansari and 43 co-sponsors
Establishes a national annual wealth tax on net asset values above $50 million with rates 0% up to $50M, 2% for >$50M–$1B, and 3% for >$1B (6% if health coverage legislation passes
Introduced in House