Rep. Davidson & Sen. Cruz Introduce Bill to Protect Investors From Inflation
November 06, 2021
November 06, 2021
WASHINGTON, Nov. 6 -- Rep. Warren Davidson, R-Ohio, issued the following news release:
This week, Rep. Warren Davidson (R-OH) and Sen. Ted Cruz (R-TX) introduced a bill to protect investors from inflation.
The Capital Gains Inflation Relief Act (H.R.5838) would amend the U.S. tax code to index the basis for capital gains taxes for inflation. By adjusting the investment basis for inflation, Congress would protect Americans' capital gains just as tax brackets, the st . . .
This week, Rep. Warren Davidson (R-OH) and Sen. Ted Cruz (R-TX) introduced a bill to protect investors from inflation.
The Capital Gains Inflation Relief Act (H.R.5838) would amend the U.S. tax code to index the basis for capital gains taxes for inflation. By adjusting the investment basis for inflation, Congress would protect Americans' capital gains just as tax brackets, the st . . .