S. 2127: Wall Street Tax Act of 2025

S. 2127 is a federal bill in the 119th Congress. Currently, trading stocks, bonds, and derivatives on exchanges or through brokers does not incur a federal transaction tax. Under this bill, a new tax applies to these trading transactions starting on January 1, 2026. The tax rate begins at 0.02 percent of… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.