HR8316-119

In Committee

Donald J. Trump Wealth Tax Act of 2026

119th Congress Introduced Apr 15, 2026

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, Donald J. Trump Wealth Tax Act of 2026, changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients. The main policy domain is Foreign Policy, Government Operations, Healthcare.

Who Benefits and How

foreign governments, international partners, and aid recipients may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, foreign governments, international partners, and aid recipients may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HA4968E54F404473D836A20AE64783FB2: 1. Short title This Act may be cited as the Donald J. Trump Wealth Tax Act of 2026.
  • Section H87E12386C8F34E858360DF47EFDB1D76: 2. Findings Congress finds the following: In 1999, then presidential candidate Donald J. Trump said the following on Good Morning America regarding his wealth...
  • Section HE1F784A6E649489FAF7B770BC6D2A634: 3. Donald J. Trump Wealth Tax In the case of any applicable taxpayer, there is hereby imposed a tax equal to 14.25 percent on the excess (if any) of— the net...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, Donald J. Trump Wealth Tax Act of 2026, changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Key Policy Areas

Foreign Policy, Government Operations, Healthcare

Primary Purpose

This bill, Donald J. Trump Wealth Tax Act of 2026, changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Policy Domains

Foreign Policy Government Operations Healthcare

Whole bill

Identified Gains
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
foreign governments, international partners, and aid recipients: , ,
Identified Costs
  • federal implementing agencies
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: , ,
foreign governments, international partners, and aid recipients: , ,

Legislative Progress

In Committee
Introduced Committee Passed
Apr 15, 2026

Referred to the House Committee on Ways and Means.

Apr 15, 2026

Introduced in House

Apr 15, 2026

Mr. Vargas introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Foreign Policy Government Operations Healthcare
Actor Mappings
"secretary_of_treasury"
→ Secretary of the Treasury

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology