COMMITTEE on WAYS and MEANS

Chairman Paul Ryan

Calendar Item

*Hearing Postponed* Chairmen Camp and Baucus Announce Joint Hearing on Tax Reform and the Tax Treatment of Capital Gains

Jun 28, 2012

*Hearing Postponed*

Focus Of The Hearing:

The hearing will focus on the taxation of capital gains in the context of comprehensive tax reform.  It will explore several tax reform policy issues relating to the treatment of capital gains, including background on capital gains taxation and its history, the impact of the capital gains tax rate on investor behavior, the treatment of capital gains as compared to ordinary income, the revenue-maximizing rate on capital gains, the distribution of capital gains income across taxpayer income levels, and the types of assets eligible for capital gains treatment.

Hearing Advisory:
Chairmen Camp and Baucus Announce Joint Hearing on Tax Reform and the Tax Treatment of Capital Gains

Witness List:

Mr. David H. Brockway
Partner, Bingham McCutchen LLP

Dr. Lawrence B. Lindsey
President & CEO, The Lindsey Group

Dr. Leonard E. Burman
Daniel Patrick Moynihan Professor of Public Affairs at the Maxwell School, Syracuse University

Mr. David L. Verrill
Founder and Managing Director, Hub Angels Investment Group LLC

Mr. William D. Stanfill
General Partner, Montegra Capital Income Fund, Founding Partner, TrailHead Ventures, L.P.