Billionaires Income Tax Act

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 2 Sponsors

Introduced in Senate Sep 17, 2025 · 24.9K words Open full page ↗

119TH CONGRESS

1ST SESSION

S. 2845

To amend the Internal Revenue Code of 1986 to eliminate tax loopholes

that allow billionaires to defer tax indefinitely through planning strategies

such as ‘‘buy, borrow, die’’, to modify over 30 tax provisions so that

billionaires are required to pay taxes annually, and for other purposes.

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PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Introduced — base rate 2%, measured from US's completed sessions
Momentum -4 33/100 from the pace of recorded action
Time since last action -22 397 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.