People earning more than $1 million a year would be subject to a higher tax rate under a bill to be introduced Wednesday by Rep. Jan Schakowsky (D-Ill.).
Her proposed “Fairness in Taxation Act” would enact new brackets for income starting at $1 million. Schakowky’s office said details, including the proposed rate, would be released at a press conference Wednesday in Washington, D.C. Get the full story »
