S. 1839: Generating Retirement Ownership through Long-Term Holding

S. 1839 is a federal bill in the 119th Congress. Before this bill, when an individual investor received a capital gains dividend from a mutual fund, that dividend was taxed in the year it was received, even if the investor chose to automatically reinvest it to buy more shares in the fund. Under this… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.