RepublicanBill · H.R. 4102· House(119-HR-4102)

RISE Act

Rep. Hill
Age: 70 years
Arkansas
Introduced
6/24/2025
Last activity
6/24/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
J. Hill
Cosponsors
Republican - 5Democrat - 0
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the Revitalizing Investment, Savings, and Entrepreneurship Act'' or the RISE Act,'' proposes changes to the Internal Revenue Code of 1986. It aims to amend the tax rate regarding adjusted net capital gain. Specifically, the bill seeks to ensure that the rate of tax on adjusted net capital gain does not exceed 15 percent. The proposed changes would alter subparagraph (C) of section 1(h)(1). These amendments would apply to taxable years beginning after the date the Act is enacted.

Yes· 3 of 10

  • Would people with substantial wealth be better off under this?+6

    The cap on adjusted net capital gains directly benefits those with large investment portfolios.

  • Would the very wealthiest people be better off under this?+6

    The tax cap provides substantial savings for the wealthiest investors.

  • Would billionaires be better off under this?+6

    The bill reduces the tax burden on significant capital gains often held by the ultra-wealthy.

The opposite

  • Does this raise taxes on the highest earners?-3

    The cap on capital gains rates may reduce tax revenue typically generated from high-income capital gains.

  • Does this reduce what the federal government owes?-2

    Capping capital gains rates could lead to lower federal tax revenue, potentially increasing the deficit.

  • Does this make the government pay for what it commits to?-2

    The potential reduction in tax revenue may impact long-term fiscal sustainability.