The draft proposal, which could still change before it is expected to be officially published on Monday, demands an increase in the maximum marginal rate for individuals to 39.6%, compared to 37% set by the law of Republican tax cuts for 2017, according to a plan circulating Sunday and obtained by CNN.
The rate would apply to people with taxable incomes in excess of $ 400,000 a year and to married couples who file together earning more than $ 450,000 a year.
The maximum capital gains rate would increase to 25%, from 20%.
In addition, lawmakers would give a 3% surcharge to people with adjusted gross incomes in excess of $ 5 million.
The proposal also calls for raising the higher corporate tax rate to 26.5%, compared to the current 21% set by the 2017 Republican Tax Reduction Act. It would only apply to companies with incomes above $ 5 million.
The plan would also increase a number of other taxes on the wealthy and businesses, among other measures, which would raise an estimated total of $ 2.9 trillion.
This is a last minute story and will be updated.