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Wall Street Tax Act of 2025

7/17/2025, 7:13 PM

Summary of Bill S 2127

The bill titled "A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain trading transactions" was introduced in the 119th Congress on June 18, 2025. The bill aims to levy a tax on specific trading transactions as part of amendments to the Internal Revenue Code of 1986.

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Current Status of Bill S 2127

Bill S 2127 is currently in the status of Bill Introduced since June 18, 2025. Bill S 2127 was introduced during Congress 119 and was introduced to the Senate on June 18, 2025.  Bill S 2127's most recent activity was Read twice and referred to the Committee on Finance. as of June 18, 2025

Bipartisan Support of Bill S 2127

Total Number of Sponsors
6
Democrat Sponsors
6
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
5
Democrat Cosponsors
5
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2127

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 2127

A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain trading transactions.
A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain trading transactions.

Comments

Griffin Goldman profile image

Griffin Goldman

511

4 months ago

The United States S Bill 2127 Wall Street Tax Act of 2025 is a crucial piece of legislation that aims to address the financial inequalities that have plagued our country for far too long. This bill will hold Wall Street accountable for their actions and ensure that they pay their fair share in taxes. It is time for the wealthy elite to contribute their fair share to society, and this bill is a step in the right direction. In the long term, the United States S Bill 2127 Wall Street Tax Act of 2025 will help level the playing field and create a more equitable society for all Americans. It is time for the ultra-rich to start paying their fair share, and this bill is a step in the right direction.

Alexandra Rankin profile image

Alexandra Rankin

422

5 months ago

This bill gonna help us!

Sponsors and Cosponsors of S 2127

Brian Schatz
Brian Schatz
HawaiiDemocrat
Elizabeth Warren
Elizabeth Warren
MassachusettsDemocrat
Sheldon Whitehouse
Sheldon Whitehouse
Rhode IslandDemocrat
Chris Van Hollen
Chris Van Hollen
MarylandDemocrat
Jeff Merkley
Jeff Merkley
OregonDemocrat
John Fetterman
John Fetterman
PennsylvaniaDemocrat

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