Summary: H.R.2143 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.2143. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/25/2017)

Donald J. Trump Wealth Tax Act of 2017

This bill imposes a 14.25% tax on any U.S. citizen, resident, or applicable trust with a net worth that exceeds $10 million. The tax applies to the portion of the net worth that exceeds $10 million, excluding the value of any principal residence and its indebtedness.