COMMITTEE on WAYS and MEANS

Chairman Dave Camp

Calendar Item

Chairmen Camp and Baucus Announce Joint Hearing on Tax Reform and the Tax Treatment of Capital Gains
Room HVC-210 of the Capitol Visitor Center, 10:00 AM

Sep 20, 2012

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
Testimony
(Truth in Testimony)

Dr. Lawrence B. Lindsey
President & CEO, The Lindsey Group
Testimony
(Truth in Testimony)

Dr. Leonard E. Burman
Daniel Patrick Moynihan Professor of Public Affairs at the Maxwell School, Syracuse University
Testimony
(Truth in Testimony)

Mr. David L. Verrill
Founder and Managing Director, Hub Angels Investment Group LLC
Testimony
(Truth in Testimony)

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


Transcripts