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Oligarch Act of 2025
5/12/2025, 7:37 PM
Summary of Bill HR 2912
The bill titled "To amend the Internal Revenue Code of 1986 to establish a wealth tax, and for other purposes" was introduced in the 119th Congress on April 14, 2025. This bill aims to amend the Internal Revenue Code by introducing a wealth tax and includes provisions related to this tax, along with other purposes specified in the bill.
Read the Full Bill
Current Status of Bill HR 2912
Bill HR 2912 is currently in the status of Bill Introduced since April 14, 2025. Bill HR 2912 was introduced during Congress 119 and was introduced to the House on April 14, 2025. Bill HR 2912's most recent activity was Referred to the House Committee on Ways and Means. as of April 14, 2025
Bipartisan Support of Bill HR 2912
Total Number of Sponsors
4Democrat Sponsors
4Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
20Democrat Cosponsors
20Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2912
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 2912
To amend the Internal Revenue Code of 1986 to establish a wealth tax, and for other purposes.
To amend the Internal Revenue Code of 1986 to establish a wealth tax, and for other purposes.
Comments
Novalee Montgomery
492
7 months ago
I think this bill is good idea. It will help make things more fair for everyone. I don't know all the details, but it sounds like it could help me and my family. I hope it passes soon. #politics #wealthtax #fairness
Truett Hines
508
7 months ago
I support this bill. It could help address income inequality. It may impact wealthy individuals.
Jasmine Miles
467
7 months ago
This bill gonna hurt us. What's gonna happen next?
Sponsors and Cosponsors of HR 2912
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