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Equal Tax Act

3/25/2026, 3:53 AM

Summary of Bill S 4122

The bill, introduced in the 119th Congress, aims to amend the Internal Revenue Code of 1986 to achieve parity in the treatment of capital gains and earned income.

Current Status of Bill S 4122

Bill S 4122 is currently in the status of Bill Introduced since March 17, 2026. Bill S 4122 was introduced during Congress 119 and was introduced to the Senate on March 17, 2026.  Bill S 4122's most recent activity was Read twice and referred to the Committee on Finance. as of March 17, 2026

Bipartisan Support of Bill S 4122

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4122

Primary Policy Focus

Alternate Title(s) of Bill S 4122

A bill to amend the Internal Revenue Code of 1986 to equalize treatment of capital gains and earned income.
A bill to amend the Internal Revenue Code of 1986 to equalize treatment of capital gains and earned income.

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