,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #agbc  ,,in ,,the ,,house ,,of  
,,representatives  ,april #be1 #bjac    
,ms4 ,schakowsky 7for herself1 ,mr4     
,conyers1 ,ms4 ,edwards1 ,ms4           
,mc,collum1 ,mr4 ,yarmuth1 ,ms4 ,lee of 
,california1 and ,mr4 ,gutierrez7       
introduced the following bill2 which was
 referred to the ,committee on ,ways and
 ,means  ,a ,,bill  ,to amend the       
,internal ,revenue ,code of #aihf to    
impose increased rates of tax with      
respect to taxpayers with more than     
#a1jjj1jjj taxable income1 and for other
 purposes4  #a4 ,short title ,this ,act 
may be cited as the ,fairness in        
,taxation ,act of #bjac4  #b4 ,increased
 tax rates for taxpayers with more than 
#a1jjj1jjj taxable income  7a7 ,in      
general  7#a7 ,married individuals      
filing joint returns and surviving      
spouses ,the table contained in         
subsection 7a7 of section #a of the     
,internal ,revenue ,code of #aihf is    
amended to read as follows3  ,if taxable

 income is3,the tax is3  ,not over      
#ag1hejaj of taxable income  ,over      
#ag1hej but not over #gb1ejja1ghe1 plus 
#ae of the excess over #ag1hej4  ,over  
#gb1ejj but not over #adf1djji1ihb4ej1  
plus #be of the excess over #gb1ejj4    
,over #adf1djj but not over             
#bbc1jejbh1deg4ej1 plus #bh of the      
excess over #adf1djj4  ,over #bbc1jej   
but not over #cih1cejdi1iai4ej1 plus #cc
 of the excess over #bbc1jej4  ,over    
#cih1cej but not over                   
#dej1jjjajg1gfh4ej1 plus #ce of the     
excess over #cih1cej4  ,over #dej1jjj   
but not over #a1jjj1jjjabe1hdf1 plus    
#ci4f of the excess over #dej1jjj4      
,over #a1jjj1jjj but not over           
#aj1jjj1jjjcdc1fdf1 plus #de of the     
excess over #a1jjj1jjj4  ,over          
#aj1jjj1jjj but not over                
#bj1jjj1jjjd1cic1fdf1 plus #df of the   
excess over #aj1jjj1jjj4  ,over         
#bj1jjj1jjj but not over                
#ajj1jjj1jjjh1iic1fdf1 plus #dg of the  
excess over #bj1jjj1jjj4  ,over         

#ajj1jjj1jjj but not over               
#a1jjj1jjj1jjjdf1eic1fdf1 plus #dh of   
the excess over #ajj1jjj1jjj4  ,over    
#a1jjj1jjj1jjjdgh1eic1fdf1 plus #di over
 the excess over #a1jjj1jjj1jjj4  7#b7  
,heads of household ,the table contained
 in subsection 7b7 of section #a of such
 ,code is amended to read as follows3   
,if taxable income is3,the tax is3  ,not
 over #ab1gejaj of taxable income4      
,over #ab1gej but not over #dh1fjj      
#a1bge1 plus #ae of the excess over     
#ab1gej4  ,over #dh1fjj but not over    
#abe1dejf1feb4ej1 plus #be of the excess
 over #dh1fjj4  ,over #abe1dej but not  
over #bjc1aejbe1hfe1 plus #bh of the    
excess over #abe1dej4  ,over #bjc1aej   
but not over #cih1cejdg1fba1 plus #cc of
 the excess over #bjc1aej4  ,over       
#cih1cej but not over #dbe1jjjaab1jcg1  
plus #ce of the excess over #cih1cej4   
,over #dbe1jjj but not over             
#a1jjj1jjjaba1cfd4ej1 plus #ci4f of the 
excess over #dbe1jjj4  ,over #a1jjj1jjj 
but not over #aj1jjj1jjjcdi1jfd4ej1 plus

 #de of the excess over #a1jjj1jjj4     
,over #aj1jjj1jjj but not over          
#bj1jjj1jjjd1cii1jfd4ej1 plus #df of the
 excess over #aj1jjj1jjj4  ,over        
#bj1jjj1jjj but not over                
#ajj1jjj1jjjh1iii1jfd4ej1 plus #dg of   
the excess over #bj1jjj1jjj4  ,over     
#ajj1jjj1jjj but not over               
#a1jjj1jjj1jjjdf1eii1jfd4ej1 plus #dh of
 the excess over #ajj1jjj1jjj4  ,over   
#a1jjj1jjj1jjjdgh1eii1jfd4ej1 plus #di  
of the excess over #a1jjj1jjj1jjj4  7#c7
 ,unmarried individuals 7other than     
surviving spouses and heads of          
households7 ,the table contained in     
subsection 7c7 of section #a of such    
,code is amended to read as follows3    
,if taxable income is3,the tax is3  ,not
 over #h1ibeaj of taxable income  ,over 
#h1ibe but not over #cf1bejhib4ej1 plus 
#ae of the excess over #h1ibe4  ,over   
#cf1bej but not over #hg1hejd1iia4be1   
plus #be of the excess over #cf1bej4    
,over #hg1hej but not over              
#ahc1bejag1hia4be1 plus #bh of the      

excess over #hg1hej4  ,over #ahc1bej but
 not over #cih1cejdd1fjc4be1 plus #cc of
 the excess over #ahc1bej4  ,over       
#cih1cej but not over                   
#djj1jjjaae1ehf4be1 plus #ce of the     
excess over #cih1cej4  ,over #djj1jjj   
but not over #a1jjj1jjjaaf1afc4ge1 plus 
#ci4f of the excess over #djj1jjj4      
,over #a1jjj1jjj but not over           
#aj1jjj1jjjcec1gfc4ge1 plus #de of the  
excess over #a1jjj1jjj4  ,over          
#aj1jjj1jjj but not over                
#bj1jjj1jjjd1djc1gfc4ge1 plus #df of the
 excess over #aj1jjj1jjj4  ,over        
#bj1jjj1jjj but not over                
#ajj1jjj1jjji1jjc1gfc4ge1 plus #dg of   
the excess over #bj1jjj1jjj4  ,over     
#ajj1jjj1jjj but not over               
#a1jjj1jjj1jjjdf1fjc1gfc4ge1 plus #dh of
 the excess over #ajj1jjj1jjj4  ,over   
#a1jjj1jjj1jjjdgh1fjc1gfc4ge1 plus #di  
of the excess over #a1jjj1jjj1jjj4  7#d7
 ,married individuals filing separate   
returns ,the table contained in         
subsection 7d7 of section #a of such    

,code is amended to read as follows3    
,if taxable income is3,the tax is3  ,not
 over #h1ibeaj of taxable income  ,over 
#h1ibe but not over #cf1bejhib4ej1 plus 
#ae of the excess over #h1ibe4  ,over   
#cf1bej but not over #gc1bjjd1iia4be1   
plus #be of the excess over #cf1bej4    
,over #gc1bjj but not over              
#aaa1ebead1bbh4ge1 plus #bh of the      
excess over #gc1bjj4  ,over #aaa1ebe but
 not over #aii1agebd1iei4ge1 plus #cc of
 the excess over #aaa1ebe4  ,over       
#aii1age but not over #bbe1jjjec1hhd4be1
 plus #ce of the excess over #aii1age   
,over #bbe1jjj but not over #ejj1jjj    
#fb1ibc1 plus #ci4f of the excess over  
#bbe1jjj4  ,over #ejj1jjj but not over  
#e1jjj1jjjaga1hbc1 plus #de of the      
excess over #ejj1jjj4  ,over #e1jjj1jjj 
but not over #aj1jjj1jjjb1aif1hbc1 plus 
#df of the excess over #e1jjj1jjj4      
,over #aj1jjj1jjj but not over          
#ej1jjj1jjjd1dif1hbc1 plus #dg of the   
excess over #aj1jjj1jjj4  ,over         
#ej1jjj1jjj but not over                

#ejj1jjj1jjjbc1bif1hbc1 plus #dh of the 
excess over #ej1jjj1jjj4  ,over         
#ejj1jjj1jjjbci1bif1hbc1 plus #di of the
 excess over #ejj1jjj1jjj4  7#e7        
,inflation adjustment ,subsection 7f7 of
 section #a of such ,code is amended by 
adding at the end the following new     
paragraph3  7#i7 ,special rule for      
taxable years beginning after #bjac ,in 
prescribing the tables under paragraph  
7#a7 which apply with respect to taxable
 years beginning in a calendar year     
after #bjac1 the cost-of-living         
adjustment under paragraph 7#c7 shall be
 determined by substituting #bjab for   
#aiib in subparagraph 7,b7 thereof4  4  
7#f7 ,conforming amendment ,section #a  
of such ,code is amended by striking    
subsection 7i74  7b7 ,recapture of lower
 capital gains rates for individuals    
subject to added rate brackets  7#a7 ,in
 general ,section #a of such ,code is   
amended by adding at the end the        
following new subsection3  7j7 ,special 
rule for capital gains in case of       

taxable income subject to at least      
#de-,percent rate bracket ,if for the   
taxable year a taxpayer has taxable     
income in excess of the minimum dollar  
amount for the #de-percent rate bracket 
and has a net capital gain1 then--  7#a7
 the tax imposed by this section for the
 taxable year with respect to such      
excess shall be determined without      
regard to subsection 7h71 and  7#b7 the 
amount of net capital gain of the       
taxpayer taken into account for the     
taxable year under subsection 7h7 shall 
be reduced by the lesser of--  7,a7 such
 excess1 or  7,b7 the net capital gain  
for the taxable year4  ,any reduction in
 net capital gain under the preceding   
sentence shall be allocated between     
adjusted net capital gain1 unrecaptured 
#abej gain1 and section #abjb gain in   
amounts proportionate to the amounts of 
each such gain4 ,any term used in this  
subsection which is also used in        
subsection 7h7 shall have the meaning   
given such term in subsection 7h74  4   

7#b7 ,conforming amendment ,paragraph   
7#a7 of section #a7;h7 of such ,code is 
amended by striking ,if a taxpayer has  
and inserting ,except to the extent     
provided in subsection 7j71 if a        
taxpayer has4  7c7 ,effective date ,the 
amendments made by this section shall   
apply to taxable years beginning after  
,december #ca1 #bjab4