On the Motion S.Amdt. 2610: Motion to Waive CBA Re: Feinstein
Amdt. No. 2610; To reinstate for millionaires a top individual income tax rate of 39.6 percent, the pre-May 2003 rates of tax on capital gains and dividends, and to repeal the reduction and termination of the phase out of personal exemptions and overall limitation on itemized deductions, until the Federal budget deficit is eliminated.
Result: Rejected (40-59, 1 member not voting, 3/5 threshold)
Details: [
click here]