I'm fighting for a fairer system that ensures those who are stretching to make ends meet can keep more of what they earn, while asking the well-off to pitch in more. Our millionaires' surtax proposal is a simple way to raise new revenue that can be used to promote greater opportunity and shared prosperity for all.
I will keep fighting for a fairer tax system by advancing a millionaires surtax to make the wealthiest Americans pay more and raise revenue for working families.
Occurrences
Evidence
Beyer's office says he and Sen. Chris Van Hollen reintroduced the Millionaires Surtax Act on Tax Day 2026. The release says the bill would add a 10-point surtax on income above $2 million for married couples or $1 million for individuals and would raise an estimated $1.5 trillion over 10 years.
Investopedia reported that Rep. Don Beyer introduced a House companion to the Working Americans' Tax Cut Act and that the proposal would fund middle-class tax cuts with new surtaxes on incomes above $1 million; the article also says the bill still needs to pass both chambers and be signed into law.
Assessments
Beyer took concrete same-term action toward the promise by reintroducing and promoting a federal millionaires surtax bill in 2026, which shows he was actively fighting for the policy. But the available evidence shows the surtax remained a proposal that still needed to pass Congress and be signed into law, so the promised tax change was not fully delivered. Because he materially advanced the idea but did not secure enactment, partial credit fits better than full delivery or never.