[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4280 Introduced in House (IH)]
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119th CONGRESS
1st Session
H. R. 4280
To amend the Internal Revenue Code of 1986 to make permanent certain
expiring income tax rates and to establish a new top income tax rate.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
July 2, 2025
Mr. Fitzpatrick (for himself and Mr. Golden of Maine) 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 permanent certain
expiring income tax rates and to establish a new top income tax rate.
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 ``Bipartisan Tax Fairness Act of
2025''.
SEC. 2. MODIFICATION OF INCOME TAX RATES.
(a) Married Individuals Filing Joint Returns and Surviving
Spouses.--Section 1(a) of the Internal Revenue Code of 1986 is amended
by striking the table contained therein and inserting the following:
``If taxable income is: The tax is:
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Not over $19,050..................... 10% of taxable income.
Over $19,050 but not over $77,400.... $1,905, plus 12% of the excess
over $19,050.
Over $77,400 but not over $165,000... $8,907, plus 22% of the excess
over $77,400.
Over $165,000 but not over $315,000.. $28,179, plus 24% of the excess
over $165,000.
Over $315,000 but not over $400,000.. $64,179, plus 32% of the excess
over $315,000.
Over $400,000 but not over $600,000.. $91,379, plus 35% of the excess
over $400,000.
Over $600,000 but not over $2,000,000 $161,379, plus 37% of the excess
over $600,000.
Over $2,000,000...................... $679,379, plus 39.6% of the
excess over $2,000,000''.
(b) Heads of Households.--Section 1(b) of such Code is amended by
striking the table contained therein and inserting the following:
``If taxable income is: The tax is:
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Not over $13,600..................... 10% of taxable income.
Over $13,600 but not over $51,800.... $1,360, plus 12% of the excess
over $13,600.
Over $51,800 but not over $82,500.... $5,944, plus 22% of the excess
over $51,800.
Over $82,500 but not over $157,500... $12,698, plus 24% of the excess
over $82,500.
Over $157,500 but not over $200,000.. $30,698, plus 32% of the excess
over $157,500.
Over $200,000 but not over $500,000.. $44,298, plus 35% of the excess
over $200,000.
Over $500,000 but not over $1,000,000 $149,298, plus 37% of the excess
over $500,000.
Over $1,000,000...................... $334,298, plus 39.6% of the
excess over $1,000,000''.
(c) Unmarried Individuals Other Than Surviving Spouses and Heads of
Households.--Section 1(c) of such Code is amended by striking the table
contained therein and inserting the following:
``If taxable income is: The tax is:
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Not over $9,525...................... 10% of taxable income.
Over $9,525 but not over $38,700..... $952.50, plus 12% of the excess
over $9,525.
Over $38,700 but not over $82,500.... $4,453.50, plus 22% of the excess
over $38,700.
Over $82,500 but not over $157,500... $14,089.50, plus 24% of the
excess over $82,500.
Over $157,500 but not over $200,000.. $32,089.50, plus 32% of the
excess over $157,500.
Over $200,000 but not over $500,000.. $45,689.50, plus 35% of the
excess over $200,000.
Over $500,000 but not over $1,000,000 $150,689.50, plus 37% of the
excess over $500,000.
Over $1,000,000...................... $335,698.50, plus 39.6% of the
excess over $1,000,000''.
(d) Married Individuals Filing Separate Returns.--Section 1(d) of
such Code is amended by striking the table contained therein and
inserting the following:
``If taxable income is: The tax is:
------------------------------------------------------------------------
Not over $9,525...................... 10% of taxable income.
Over $9,525 but not over $38,700..... $952.50, plus 12% of the excess
over $9,525.
Over $38,700 but not over $82,500.... $4,453.50, plus 22% of the excess
over $38,700.
Over $82,500 but not over $157,500... $14,089.50, plus 24% of the
excess over $82,500.
Over $157,500 but not over $200,000.. $32,089.50, plus 32% of the
excess over $157,500.
Over $200,000 but not over $300,000.. $45,689.50, plus 35% of the
excess over $200,000.
Over $300,000 but not over $1,000,000 $80,689.50, plus 37% of the
excess over $300,000.
Over $1,000,000...................... $339,689.50, plus 39.6% of the
excess over $1,000,000''.
(e) Estates and Trusts.--Section 1(e) of such Code is amended by
striking the table contained therein and inserting the following:
``If taxable income is: The tax is:
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Not over $2,550...................... 10% of taxable income.
Over $2,550 but not over $9,150...... $255, plus 24% of the excess over
$2,550.
Over $9,150 but not over $12,500..... $1,839, plus 35% of the excess
over $9,150.
Over $12,500......................... $3,011.50, plus 37% of the excess
over $12,500.''.
(f) Inflation Adjustments.--Section 1(f) of such Code is amended--
(1) by amending paragraph (2)(A) to read as follows:
``(A) by increasing the minimum and maximum dollar
amounts for each bracket for which a tax is imposed
under such table by the cost-of-living adjustment for
such calendar year, determined under this subsection
for such calendar year by substituting `2017' for
`2016' in paragraph (3)(A)(ii),'',
(2) by amending paragraph (7) to read as follows:
``(7) Rounding.--
``(A) In general.--Except as provided in
subparagraph (B), if any increase determined under
paragraph (2)(A) is not a multiple of $25, such
increase shall be rounded to the next lowest multiple
of $25.
``(B) Joint returns, etc.--In the case of a table
prescribed under subsection (a), subparagraph (A) shall
be applied by substituting `$50' for `$25' both places
it appears.'',
(3) by striking paragraph (8), and
(4) in the heading, by striking ``Phaseout of Marriage
Penalty in 15-percent Bracket; Adjustments'' and inserting
``Adjustments''.
(g) Conforming Amendments.--
(1) Section 1 of such Code is amended by striking
subsections (i) and (j).
(2) Section 3402(q)(1) of such Code is amended by striking
``third lowest'' and inserting ``fourth lowest''.
(h) Effective Date.--
(1) In general.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2025.
(2) Application of section 15.--Section 15 of such Code
shall not apply to any change in a rate of tax by reason of--
(A) section 1(j) of such Code (as in effect before
its repeal by this section), or
(B) any amendment made by this section.
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