HOUSE 3265117th CongressReferred to the House Committee on Ways and Means.
Middle Class Savings Act
- Last Action
- 5/17/2021
Actions
- 2021-05-17Referred to the House Committee on Ways and Means.
- 2021-05-17Introduced in House
- 2021-05-17Introduced in House
CRS Summary
As of 2021-05-17 (00)
Middle Class Savings Act
This bill modifies 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).
Cosponsors (12)
- Doug LaMalfa (R-CA)
- Rick Allen (R-GA)
- Ralph Norman (R-SC)
- John Rutherford (R-FL)
- Ben Cline (R-VA)
- Daniel Meuser (R-PA)
- Warren Davidson (R-OH)
- Gary Palmer (R-AL)
- Bill Johnson (R-OH)
- Debbie Lesko (R-AZ)
- Jake LaTurner (R-KS)
- Lisa McClain (R-MI)
Subjects
- Capital gains tax
- Income tax rates
- Tax administration and collection, taxpayers
Sourced from Congress.gov (public domain).
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