Equal Tax Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5336 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 5336 To amend the Internal Revenue Code of 1986 to equalize treatment of capital gains and earned income. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 11, 2025 Mrs. Ramirez (for herself, Ms. Jayapal, Mr. Garcia of Illinois, Ms. Tlaib, Ms. Ansari, Ms. McCollum, Mr. Thanedar, Ms. Omar, Mr. Deluzio, and Mrs. Watson Coleman) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to equalize treatment of capital gains and earned income. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Equal Tax Act''. SEC. 2. PREFERENTIAL RATES FOR DIVIDENDS AND CAPITAL GAINS LIMITED TO INCOMES OF $1,000,000 OR LESS. (a) In General.--Section 1(h) of the Internal Revenue Code of 1986 is amended by inserting ``o…