WASHINGTON – Congressmen Steve Cohen (TN-9) and Don Beyer (VA-8) and Senator Ron Wyden of Oregon today introduced bicameral Billionaire Income Tax Act bills in an effort to establish a level of fairness in federal taxation and prevent millionaires and billionaires (and one prospective trillionaire) from avoiding significant liability. The measure would tax wealth gains as they occur.
Related Reading
December 17, 2025
State Rundown 12/17: Tax Policy ‘Naughty or Nice’ List Has Late Entrants
Mentioned Locations
Oregon, Washington