To amend the Internal Revenue Code of 1986 to suspend the capital gains tax for 10 years for taxpayers other than corporations.
Invest in America Act of 2011 - Amends the Internal Revenue Code to allow taxpayers, other than corporations, to exclude from gross income net capital gains (defined as including dividend income) for taxable years beginning after December 31, 2011, and before January 1, 2022.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E1598)
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR H6104)
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