113 HR 5871 IH: Dollar is a Dollar Act U.S. House of Representatives 2014-12-11 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

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Subsection (h), entitled Maximum capital gains rate, of section 1 of the Internal Revenue Code of 1986 is hereby repealed.