Bill to cap cap gains rate may hit Senate turbulence
Sponsors of legislation that would limit on the federal levy on investment income at 15% are confident of strong support in the House. The Senate is another matter, however.
Sponsors of legislation that would limit the federal levy on investment income are confident of strong support in the House. As is usually the case on Capitol Hill, the prospects in the Senate are murky.
On Tuesday, Sen. Michael Crapo, R-Idaho, and Rep. Peter Roskam, R-Ill., introduced a measure th
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