Institute on Taxation and Economic Policy (ITEP)

March 19, 2026

Los Angeles Times: Ted Cruz and His GOP Colleagues Are Pushing Yet Another Tax Break for the 1%

Media Mention

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The Capital Gains Inflation Relief Act of 2025 is just as unpopular as similar bills Sen. Cruz introduced in 2018 and 2021, neither of which passed. Steve Wamhoff of the Institute on Taxation and Economic Policy in 2019, “sounds logical until you think about it.” The legal and economic considerations haven’t changed since then.

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Quoted Staff Member

Steve Wamhoff
Steve Wamhoff

Federal Policy Director