# 119-hr-7937: Working Americans’ Tax Cut Act

119-hr-7937, Working Americans’ Tax Cut Act, is a 119th Congress bill sponsored by Rep. Beyer, Donald S. [D-VA-8] (D-VA); status introduced; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-7937
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7937
- Congress: 119
- Title: Working Americans’ Tax Cut Act
- Status: introduced
- Introduced: 2026-03-16
- Sponsor: Rep. Beyer, Donald S. [D-VA-8] (D-VA)
- Cosponsors: 13
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**Caps tax payable for many low- and middle-income taxpayers at 25.5% of income above a cost-of-living exemption.** This bill would create a new alternative maximum tax for qualifying individuals and add a separate tiered surcharge on very high incomes.

## Cosponsors (13)

- Rep. Davis, Danny K. [D-IL-7] (D-IL), 2026-03-16T00:00:00.000Z
- Rep. Larson, John B. [D-CT-1] (D-CT), 2026-03-16T00:00:00.000Z
- Rep. McBride, Sarah [D-DE-At Large] (D-DE), 2026-03-16T00:00:00.000Z
- Rep. Thanedar, Shri [D-MI-13] (D-MI), 2026-03-16T00:00:00.000Z
- Rep. Randall, Emily [D-WA-6] (D-WA), 2026-03-16T00:00:00.000Z
- Rep. Deluzio, Christopher R. [D-PA-17] (D-PA), 2026-03-16T00:00:00.000Z
- Rep. Mannion, John W. [D-NY-22] (D-NY), 2026-03-26T00:00:00.000Z
- Rep. Dexter, Maxine [D-OR-3] (D-OR), 2026-04-14T00:00:00.000Z
- Rep. Foster, Bill [D-IL-11] (D-IL), 2026-04-14T00:00:00.000Z
- Rep. Vasquez, Gabe [D-NM-2] (D-NM), 2026-05-12T00:00:00.000Z
- Rep. Latimer, George [D-NY-16] (D-NY), 2026-05-21T00:00:00.000Z
- Rep. Craig, Angie [D-MN-2] (D-MN), 2026-06-10T00:00:00.000Z
- Rep. Waters, Maxine [D-CA-43] (D-CA), 2026-08-03T00:00:00.000Z

## Provisions PRIA read

- Tax cap for lower‑ and middle‑income: benefit, medium. If enacted, this bill would cap your income tax at 25.5% of the amount your modified adjusted gross income (MAGI) is above a cost-of-living exemption. The exemption starts from $46,000 multiplied by a CPI‑U ratio and is 100% for single filers, 200% for joint filers, and 140% for heads of household.…
- New surtax on very high incomes: cost, high. If enacted, this bill would add an extra surtax on non‑corporate taxpayers based on modified AGI (MAGI). You would pay 5% on MAGI between $1,000,000 and $2,000,000; 10% on MAGI between $2,000,000 and $5,000,000; and 12% on MAGI above $5,000,000. For taxable years after 2026 the dollar thresholds wo…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-7973: Momnibus Act
- 119-hr-51: Washington, D.C. Admission Act
- 119-hr-20: Richard L. Trumka Protecting the Right to Organize Act of 2025
- 119-hr-2086: Rights for the TSA Workforce Act
- 119-hr-7977: Energy Bills Relief Act

## Sources
- [119-hr-7937 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7937)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-hr-51)
- [119-hr-20: Richard L. Trumka Protecting the Right to Organize Act of 2025](https://policyrisk.com/legislation/119-hr-20)
- [119-hr-2086: Rights for the TSA Workforce Act](https://policyrisk.com/legislation/119-hr-2086)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7937 (as of 2026-09-21).