S. 1243: Paying a Fair Share Act of 2025

S. 1243 is a federal bill in the 119th Congress. Before this bill, individuals with very high incomes could sometimes pay an effective federal tax rate lower than many middle-income earners by utilizing various deductions and credits. Under this bill, taxpayers with an adjusted gross income, meaning… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.