To amend the Internal Revenue Code of 1986 to apply current income tax brackets to capital gains brackets.
Middle Class Savings Act
This bill amends the Internal Revenue Code to modify the tax brackets that apply to taxes on capital gains. The bill aligns the thresholds with the brackets for the regular income tax rates enacted in P.L. 115-97 (commonly known as the Tax Cuts and Jobs Act).
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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