Contact Congress about H.R. 8294: Millionaires Surtax Act

People with income above $1 million or $2 million could owe an extra 10% federal tax. The cutoff depends on filing status. The surtax would start after 2026 and would also cover some trusts and estates.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Millionaires Surtax Act is a House bill in committee. The latest recorded action: Referred to the House Committee on Ways and Means.

Latest action on H.R. 8294: Referred to the House Committee on Ways and Means.

Who this affects: This bill mainly affects people, trusts, and estates with income above $1 million or $2 million. The exact cutoff depends on filing status. It also matters for taxpayers with foreign income and for trusts that are not fully charitable.

Why this matters: This bill could raise tax bills for a small group of very high-income taxpayers. It would tax only the income above the set cutoff, not every dollar they earn. It could also affect how some people plan income, investments, foreign earnings, and trusts. The bill does not say how much money it would raise, so that would depend on later estimates and taxpayer behavior.

Key provisions in H.R. 8294

• Married couples filing together and qualifying surviving spouses would pay a new 10% surtax on modified adjusted gross income above $2 million.
• Taxpayers who do not file a joint return would face the surtax at a lower cutoff: $1 million.
• Modified adjusted gross income means adjusted gross income minus certain investment interest deductions. Estates and trusts would use the tax code's existing adjusted gross income rules for trusts.
• A trust would avoid the surtax only if every remaining interest in it is for approved charitable purposes.
• Nonresident aliens would count only income that the United States already taxes on a net-income basis.

How Modern Action helps you take action on H.R. 8294

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about H.R. 8294

What is H.R. 8294?

People with income above $1 million or $2 million could owe an extra 10% federal tax. The cutoff depends on filing status. The surtax would start after 2026 and would also cover some trusts and estates.

How do I support or oppose H.R. 8294?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about H.R. 8294?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

Can Modern Action explain H.R. 8294 before I act?

Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.