HR 8316 · 119th CongressIn Committeecongress.gov ↗

Donald J. Trump Wealth Tax Act of 2026

Share Share Share

What this bill does

AI plain-language summary

This bill would create a one-time tax on individuals and trusts whose net worth exceeds $10,000,000, with the tax applying only to the amount above that threshold. No official summary is available for this bill.

Sponsor

Rep. Vargas, Juan [D-CA-52]

D

Introduced

April 15, 2026

Policy Area

Taxation

Your Vote

Discussion (0)

Explain what is at stake in this bill.

Sign in to join the discussion.

No comments yet. Be the first.