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Dollar is a Dollar Act

H.R. 5871 · 113th Congress · Dec 11, 2014 · Lineage

A BILL

To tax capital gains at the same rate as ordinary income.

Section 1 Short title

This Act may be cited as the “Dollar is a Dollar Act”.

Sec. 2 Repeal of capital gains tax cap

Subsection (h), entitled “Maximum capital gains rate”, of section 1 of the Internal Revenue Code of 1986 is hereby repealed.