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H.R. 5887IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 7 · H.R. 5887

Increase in highest individual income tax rate

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(a) In general Each of the tables contained in subparagraphs (A), (B), (C), (D), and (E) of section 1(j)(2) of the Internal Revenue Code of 1986 is amended by striking 37% in the last line and inserting 39.6%. (b) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2024.