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Measure would tax stock dividends at normal income rates
An amendment to the revenue bill, pushed by Representative Garner of Texas, would tax stock dividends at regular income rates rather than the capital gains rate. The House blocked an attempt to remove the earned income definition, and debates centered on extending earned income to include farm and small merchant incomes.
MENTIONED IN THIS ARTICLE
Washington
House of Representatves
Garner
Texas
Pire
Rainey
Minois
Wdfield
Democrat
Arkansas
Garneard