Rep. Schweikert Introduces Invest Now Act to Spur Economic Growth
July 25, 2020
July 25, 2020
WASHINGTON, July 25 -- Rep. David Schweikert, R-Arizona, has issued the following news release:
Congressman David Schweikert (AZ-06) introduced the Invest Now Act, legislation that would promote long-term economic growth by encouraging individuals to immediately purchase real estate, stocks, bonds and other forms of property. The Invest Now Act would temporarily reduce the capital gains rate to 5 percent for assets purchased in 2020 amid the COVID-19 pandemic.
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Congressman David Schweikert (AZ-06) introduced the Invest Now Act, legislation that would promote long-term economic growth by encouraging individuals to immediately purchase real estate, stocks, bonds and other forms of property. The Invest Now Act would temporarily reduce the capital gains rate to 5 percent for assets purchased in 2020 amid the COVID-19 pandemic.
"I a . . .