H.R. 5871 — Introduced in House

I 113th CONGRESS 2d Session H. R. 5871 IN THE HOUSE OF REPRESENTATIVES December 11, 2014 Mr. Grayson introduced the following bill; which was referred to the Committee on Ways and Means A BILL To tax capital gains at the same rate as ordinary income. 1. Short title This Act may be cited as the Dollar is a Dollar Act. 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cap Subsection (h), entitled Maximum capital gains rate, of section 1 of the Internal Revenue Code of 1986 is hereby repealed.