Invest in America Act of 2015
Summary
The Invest in America Act of 2015 proposes a change to the federal tax code to lower the maximum tax rate on long-term investment earnings for individuals. Specifically, the bill would cap the tax rate on net capital gains—the profits made from selling assets like stocks, bonds, or real estate held for more than a year—at 15%. For citizens, this would mean that regardless of their total income level, the federal government would not tax their qualified investment profits at a rate higher than 15%.
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