Taxing investment income like regular income for households over $1 million

How much do people want it

What got approved

Nothing. The rates are exactly what they were.

Investment income held for more than a year is still taxed at 0%, 15% or 20%, against a top rate on wages of 37%. Those percentages are set by law and stay put until Congress changes them. Congress has not changed them.

What could have been

The bills that exist propose something different from what people were asked about.

One would tax wealth above $50 million each year. Another would tax gains on investments annually rather than when they are sold. Both are aimed at the same problem, and neither is what the polling asked about.

We have not found a bill in this Congress that would tax investment income at the same rates as wages for households over a million dollars.

Tax changes of this kind almost only ever move inside very large budget packages, which is why they rarely get a vote of their own. See polling qualifications.

Additional notes

Nothing to report. Where a government department changes a rule affecting this topic, it appears here — never counted as the government getting something done. Why.

Where these came from

Every line above is checkable.

• Internal Revenue Service — the current rates
• Congress.gov — search the bill number given on this page
• Program for Public Consultation — the February 2026 national survey, question 67 on page 18. The exact question wording, the national figure, and the Republican, Democratic and independent numbers.

Found a mistake?

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