I 
112TH CONGRESS 
1ST SESSION H. R. 3105 
To amend the Internal Revenue Code of 1986 to impose a surcharge on 
high income individuals. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 5, 2011 
Mr. HASTINGS of Florida introduced the following bill; which was referred to 
the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to impose 
a surcharge on high income individuals. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Fairness in the Amer-
ican Tax Code Act of 2011’’. 
SEC. 2. SURCHARGE ON HIGH INCOME INDIVIDUALS. 
(a) IN GENERAL.—Subchapter A of chapter 1 of the 
Internal Revenue Code of 1986 is amended by adding at 
the end the following new part: 
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‘‘PART VIII—SURCHARGE ON HIGH INCOME 
INDIVIDUALS 
‘‘Sec. 59B. Surcharge on high income individuals. 
‘‘SEC. 59B. SURCHARGE ON HIGH INCOME INDIVIDUALS. 
‘‘(a) IN GENERAL.—In the case of a taxpayer other 
than a corporation, there is hereby imposed (in addition 
to any other tax imposed by this subtitle) a tax equal to— 
‘‘(1) 5 percent of so much of the modified ad-
justed gross income of the taxpayer as exceeds 
$350,000 but does not exceed $500,000, 
‘‘(2) 10 percent of so much of the modified ad-
justed gross income of the taxpayer as exceeds 
$500,000 but does not exceed $1,000,000, 
‘‘(3) 15 percent of so much of the modified ad-
justed gross income of the taxpayer as exceeds 
$1,000,000 but does not exceed $10,000,000, and 
‘‘(4) 20 percent of so much of the modified ad-
justed gross income of the taxpayer as exceeds 
$10,000,000. 
‘‘(b) TAXPAYERS NOT MAKING A JOINT RETURN.— 
In the case of any taxpayer other than a taxpayer making 
a joint return under section 6013 or a surviving spouse 
(as defined in section 2(a)), subsection (a) shall be applied 
by substituting for each of the dollar amounts therein 
(after any increase determined under subsection (d)) a 
dollar amount equal to— 
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‘‘(1) 50 percent of the dollar amount so in ef-
fect in the case of a married individual filing a sepa-
rate return, and 
‘‘(2) 80 percent of the dollar amount so in ef-
fect in any other case. 
‘‘(c) MODIFIED ADJUSTED GROSS INCOME.—For 
purposes of this section, the term ‘modified adjusted gross 
income’ means adjusted gross income reduced by any de-
duction allowed for investment interest (as defined in sec-
tion 163(d)). In the case of an estate or trust, adjusted 
gross income shall be determined as provided in section 
67(e). 
‘‘(d) INFLATION ADJUSTMENTS.— 
‘‘(1) IN GENERAL.—In the case of taxable years 
beginning after 2011, the dollar amounts in sub-
section (a) shall be increased by an amount equal 
to— 
‘‘(A) such dollar amount, multiplied by 
‘‘(B) the cost-of-living adjustment deter-
mined under section 1(f)(3) for the calendar 
year in which the taxable year begins, deter-
mined by substituting ‘calendar year 2010’ for 
‘calendar year 1992’ in subparagraph (B) 
thereof. 
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