Sen. Ricketts Introduces No Capital Gains Allowance for American Adversaries Act
Bill Intros-Senate
Copyright © Targeted News Service, 2025
Copyright © Targeted News Service, 2025
2025-06-25
Bailey Malota
WASHINGTON, June 25 -- Sen. Pete Ricketts, R-NE, has introduced the No Capital Gains Allowance for American Adversaries Act, aimed at amending the Internal Revenue Code to classify certain gains and dividends from specified countries of concern as ordinary income. This legislation targets economic interactions with nations deemed adversarial, intending to discourage investments in such regions.
The bill specifically delineates countries of concern to include China, Russia, Belarus, . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, June 25 -- Sen. Pete Ricketts, R-NE, has introduced the No Capital Gains Allowance for American Adversaries Act, aimed at amending the Internal Revenue Code to classify certain gains and dividends from specified countries of concern as ordinary income. This legislation targets economic interactions with nations deemed adversarial, intending to discourage investments in such regions.
The bill specifically delineates countries of concern to include China, Russia, Belarus, . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com