New Bill Aims to Start US Divestment From Chinese Regime

Melina Wisecup
By Melina Wisecup
September 27, 2024NTD Evening News
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Sen. Marco Rubio (R-Fla.) and Rep. John Moolenaar (R-Mich.), chair of the House Select Committee on the CCP, introduced a bill to revoke the lowered capital gains tax rate from American enterprises that invest in the Chinese Communist Party. Rubio wrote of the bill: “Wall Street continues to give money to our adversaries and reap rewards from the American tax system. Enough is enough.”