Contact Congress about H.R. 5336: Equal Tax Act

People with more than $1,000,000 of taxable income would lose some special low tax rates on investment gains. Many gifts and inheritances would also trigger capital gains tax right away instead of letting that tax wait or disappear. Most changes start after December 31, 2025.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Equal Tax Act is a House bill in committee. The latest recorded action: Referred to the House Committee on Ways and Means.

Latest action on H.R. 5336: Referred to the House Committee on Ways and Means.

Who this affects: This bill mainly affects people with high incomes, large estates, and valuable property that has gone up in price over time. It also directly affects heirs, family farm and business owners, trust beneficiaries, real estate investors, donors making large gifts, and estate executors who handle tax filings after someone dies.

Why this matters: This bill matters because it would make many people pay tax on investment gains earlier and more often than they do now. Under current law, some gains can be delayed for years or never face income tax when property passes to heirs. This bill would cut back that advantage, especially for wealthy taxpayers. It could also change estate planning, trust planning, business succession, and real estate deals because the tax rules would be stricter and more complex.

Key provisions in H.R. 5336

• People could use the special lower tax rate on long-term capital gains and qualified dividends only up to $1,000,000 of taxable income. Income above that line would lose that lower rate.
• Most gifts and transfers at death would be treated like a sale at full market value on that day. That would trigger capital gains tax unless an exception applies.
• Transfers to a spouse, some trusts for a spouse, and charities would not face this deemed sale rule. The rule would also be limited for some personal property that is tangible, not used in a business, and not financial assets.
• Some trusts would have to pay tax on gains even without an actual sale. That includes grantor trusts and other long-term trusts, with a required tax event at least once every 30 years for certain trust property.
• Gifts made after 2025 would get a new tax basis based on the asset's market value when the gift is made. Inherited property could not get a basis higher than the value used for the deemed sale at death.

How Modern Action helps you take action on H.R. 5336

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about H.R. 5336

What is H.R. 5336?

People with more than $1,000,000 of taxable income would lose some special low tax rates on investment gains. Many gifts and inheritances would also trigger capital gains tax right away instead of letting that tax wait or disappear. Most changes start after December 31, 2025.

How do I support or oppose H.R. 5336?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about H.R. 5336?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

Can Modern Action explain H.R. 5336 before I act?

Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.