H.R. 4280

119th CONGRESS 1st Session

To amend the Internal Revenue Code of 1986 to make permanent certain expiring income tax rates and to establish a new top income tax rate.

IN THE HOUSE OF REPRESENTATIVES · July 2, 2025 · Sponsor: Mr. Fitzpatrick · Committee: Committee on Ways and Means

Table of contents

• H.R. 4280
  • SEC. 1. Short title
  • SEC. 2. Modification of income tax rates

SEC. 1. Short title

• This Act may be cited as the Bipartisan Tax Fairness Act of 2025.

SEC. 2. Modification of income tax rates

• (a) Married individuals filing joint returns and surviving spouses
  • of the Internal Revenue Code of 1986 is amended by striking the table contained therein and inserting the following: Section 1(a)
• (b) Heads of households
  • Section 1(b) of such Code is amended by striking the table contained therein and inserting the following:
• (c) Unmarried individuals other than surviving spouses and heads of households
  • Section 1(c) of such Code is amended by striking the table contained therein and inserting the following:
• (d) Married individuals filing separate returns
  • Section 1(d) of such Code is amended by striking the table contained therein and inserting the following:
• (e) Estates and trusts
  • Section 1(e) of such Code is amended by striking the table contained therein and inserting the following:
• (f) Inflation adjustments
  • Section 1(f) of such Code is amended—
    • by amending paragraph (2)(A) to read as follows:
      • by increasing the minimum and maximum dollar amounts for each bracket for which a tax is imposed under such table by the cost-of-living adjustment for such calendar year, determined under this subsection for such calendar year by substituting ‘2017’ for ‘2016’ in paragraph (3)(A)(ii),
    • by amending paragraph (7) to read as follows:
      • (7) Rounding
        • (A) In general
          • Except as provided in subparagraph (B), if any increase determined under paragraph (2)(A) is not a multiple of $25, such increase shall be rounded to the next lowest multiple of $25.
        • (B) Joint returns, etc
          • In the case of a table prescribed under subsection (a), subparagraph (A) shall be applied by substituting for both places it appears. $50 $25
    • by striking paragraph (8), and
    • in the heading, by striking and inserting .
• (g) Conforming amendments
  • Section 1 of such Code is amended by striking subsections (i) and (j).
  • Section 3402(q)(1) of such Code is amended by striking third lowestand inserting fourth lowest.
• (h) Effective date
  • (1) In general
    • The amendments made by this section shall apply to taxable years beginning after December 31, 2025.
  • (2) Application of section 15
    • Section 15 of such Code shall not apply to any change in a rate of tax by reason of—
      • section 1(j) of such Code (as in effect before its repeal by this section), or
      • any amendment made by this section.