Encouraging Congress to pursue reforms to ensure that all United States citizens contribute to funding the operations of the Federal Government in proportion to the economic gains they realize.
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Summary
This resolution expresses the sense of the House that the federal tax code should apply consistent treatment to income regardless of source and encourages Congress to pursue reforms ensuring all citizens contribute to federal funding in proportion to their economic gains. The resolution highlights concerns about wealth concentration, the differential taxation of wage income versus capital gains, and mechanisms that allow substantial wealth to accumulate outside the ordinary income tax base. It calls for the House Ways and Means Committee to hold hearings examining the disparate tax treatment of wage income and capital-derived wealth.
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How your representatives voted
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