Sen. Van Hollen Introduces Working Americans' Tax Cut Act
Bill Intros-Senate
Copyright © Targeted News Service, 2026
Copyright © Targeted News Service, 2026
2026-03-27
Bailey Malota
WASHINGTON, March 27 -- Sen. Chris Van Hollen, D-MD, has introduced the Working Americans' Tax Cut Act, aimed at amending the Internal Revenue Code to alleviate tax burdens for low- and middle-income individuals while implementing a new surcharge on high-income earners.
The proposed legislation seeks to establish a new alternative maximum tax for qualified individuals, limiting their tax obligations to 25.5% of their modified adjusted gross income above a cost-of-living exemption. . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, March 27 -- Sen. Chris Van Hollen, D-MD, has introduced the Working Americans' Tax Cut Act, aimed at amending the Internal Revenue Code to alleviate tax burdens for low- and middle-income individuals while implementing a new surcharge on high-income earners.
The proposed legislation seeks to establish a new alternative maximum tax for qualified individuals, limiting their tax obligations to 25.5% of their modified adjusted gross income above a cost-of-living exemption. . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com