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To amend the Internal Revenue Code of 1986 to apply current income tax brackets to capital gains brackets.

USA115th CongressHR-6179| House 
| Updated: 6/21/2018
Andy Barr

Andy Barr

Republican Representative

Kentucky

Cosponsors (13)
Bob Gibbs (Republican)Mike Johnson (Republican)Rick W. Allen (Republican)Neal P. Dunn (Republican)Jeff Duncan (Republican)Barry Loudermilk (Republican)Paul Mitchell (Independent)Roger Williams (Republican)Gary J. Palmer (Republican)Randy K. Sr. Weber (Republican)George Holding (Republican)Ralph Norman (Republican)Brian Babin (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Middle Class Savings Act This bill amends the Internal Revenue Code to modify 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).
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Timeline
Jun 21, 2018
Introduced in House
Jun 21, 2018
Referred to the House Committee on Ways and Means.
  • June 21, 2018
    Introduced in House


  • June 21, 2018
    Referred to the House Committee on Ways and Means.

Taxation

Capital gains taxIncome tax ratesTax administration and collection, taxpayers

To amend the Internal Revenue Code of 1986 to apply current income tax brackets to capital gains brackets.

USA115th CongressHR-6179| House 
| Updated: 6/21/2018
Middle Class Savings Act This bill amends the Internal Revenue Code to modify 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).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 21, 2018
Introduced in House
Jun 21, 2018
Referred to the House Committee on Ways and Means.
  • June 21, 2018
    Introduced in House


  • June 21, 2018
    Referred to the House Committee on Ways and Means.
Andy Barr

Andy Barr

Republican Representative

Kentucky

Cosponsors (13)
Bob Gibbs (Republican)Mike Johnson (Republican)Rick W. Allen (Republican)Neal P. Dunn (Republican)Jeff Duncan (Republican)Barry Loudermilk (Republican)Paul Mitchell (Independent)Roger Williams (Republican)Gary J. Palmer (Republican)Randy K. Sr. Weber (Republican)George Holding (Republican)Ralph Norman (Republican)Brian Babin (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Capital gains taxIncome tax ratesTax administration and collection, taxpayers