In the Tax Reform Act of 2014, House Ways and Means Committee Chairman Dave Camp (R-MI) proposed allowing investors to exclude 40 percent of their capital gains and dividends from taxable income, with the remaining 60 percent taxed at ordinary rates up to 35 percent.

Authors

• Person: Not available Organization: Center for American Progress
  How the Government Subsidizes Wealth Inequality

Sources

• How the Government Subsidizes Wealth Inequality www.americanprogress.org Center for American Progress via serper

Referenced by nodes (1)

• capital gains concept