Congressman Devin Nunes (CA-22) has introduced a bill in the House of Representatives to eliminate capital gains taxes on inflation. By ending this unfair tax, the Capital Gains Inflation Relief Act (H.R 6444) will encourage both individual and business investment that will expand the economy and create jobs.
“This bill will continue the tax-cutting trend that began with the tax relief bill last year,” said Rep. Nunes. “This is a common-sense reform that will remove an unjust tax, contribute to economic growth, and help both large and small investors keep more of their own money.”
For bill text, a legislative summary, and other information on the bill, click here.
Go to Source