I 

108TH CONGRESS 

1ST SESSION H. R. 3053

To amend the Internal Revenue Code of 1986 to increase the top two 

individual income tax rates and to repeal the capital gains treatment 

of dividend income, and to use the revenue therefrom to make emergency 

supplemental appropriations for fiscal year 2004 for military operations 

in Iraq and in support of the global war on terrorism and for the 

relief and reconstruction of Iraq and Afghanistan. 

IN THE HOUSE OF REPRESENTATIVES 

SEPTEMBER 9, 2003

Mr. WEXLER introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in 

each case for consideration of such provisions as fall within the jurisdiction of the committee concerned 

A BILL

To amend the Internal Revenue Code of 1986 to increase 

the top two individual income tax rates and to repeal 

the capital gains treatment of dividend income, and to 

use the revenue therefrom to make emergency supplemental appropriations for fiscal year 2004 for military 

operations in Iraq and in support of the global war 

on terrorism and for the relief and reconstruction of 

Iraq and Afghanistan.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,
2

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1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Sacrifice and Responsi3 bility Act’’. 

4 TITLE I—INCREASE IN FEDERAL 

5 REVENUES 

6 SEC. 101. RESTORATION OF 2 TOP INDIVIDUAL INCOME TAX 

7 RATES. 

8 (a) IN GENERAL.—The table contained in paragraph 

9 (2) of section 1(i) of the Internal Revenue Code of 1986 

10 (relating to reductions in rates after June 30, 2001) is 

11 amended to read as follows:

‘‘In the case of taxable years

beginning during calendar year: 

The corresponding percentages 

shall be substituted for

the following percentages: 

28% 31% 36% 39.6%

2003 .......................................................................... 25.0% 28.0% 33.0% 35.0%

2004 and thereafter .................................................. 25.0% 28.0% 36.0% 39.6%’’. 

12 (b) EFFECTIVE DATE.—The amendment made by 

13 this section shall apply to taxable years beginning after 

14 December 31, 2002. 

15 SEC. 102. REPEAL OF CAPITAL GAINS TREATMENT FOR DIV16 IDEND INCOME OF INDIVIDUALS. 

17 Section 302 of the Jobs and Growth Tax Relief Rec18 onciliation Act of 2003, and the amendments made by 

19 such section, is hereby repealed. The Internal Revenue 

20 Code of 1986 shall be applied as if such section and 

21 amendments had never been enacted. 
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1 TITLE II—SUPPLEMENTAL 

2 APPROPRIATIONS 

3 The following sums are appropriated, out of any 

4 money in the Treasury not otherwise appropriated, to pro5 vide supplemental appropriations for fiscal year 2004: 

6 CHAPTER 1

7 DEPARTMENT OF DEFENSE—MILITARY 

8 MILITARY OPERATIONS IN IRAQ AND IN SUPPORT OF

9 GLOBAL WAR ON TERRORISM

10 For expenses, not otherwise provided for, necessary 

11 for ongoing military operations in Iraq, operations author12 ized by Public Law 107–40, and other operations and re13 lated activities in support of the global war on terrorism, 

14 $65,500,000,000. 

15 CHAPTER 2

16 BILATERAL ECONOMIC ASSISTANCE 

17 FUNDS APPROPRIATED TO THE PRESIDENT

18 IRAQ AND AFGHANISTAN RELIEF AND RECONSTRUCTION

19 For expenses, not otherwise provided for, necessary 

20 for humanitarian, reconstruction, and related assistance 

21 in Iraq and Afghanistan, $21,100,000,000. 
4

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1 CHAPTER 3

2 GENERAL PROVISIONS 

3 SEC. 201. EMERGENCY DESIGNATION. 

4 Each amount appropriated in this title is designated 

5 by the Congress as an emergency requirement pursuant 

6 to section 502 of H. Con. Res. 95 (108th Congress), the 

7 concurrent resolution on the budget for fiscal year 2004. 

8 SEC. 202. PERIOD OF AVAILABILITY. 

9 No part of any appropriation contained in this title 

10 shall remain available for obligation beyond the current 

11 fiscal year, unless otherwise expressly provided in this 

12 title.

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