S 4246 · 119th CongressIn Committeecongress.gov ↗

Ultra-Millionaire Tax Act of 2026

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What this bill does

AI plain-language summary

This bill would change the tax code to create a new tax based on the total net value of a person's assets, sometimes referred to as a "wealth tax." No official summary is available for this bill.

Sponsor

Sen. Warren, Elizabeth [D-MA]

D

Introduced

March 26, 2026

Policy Area

Taxation

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