HR 6438 · 119th Congress

ROBINHOOD Act

The ROBINHOOD Act targets wealthy individuals by creating a new 20% tax on certain types of loans and lines of credit. Here's how it works: if you're a single person earning more than $400,000 per year (or a couple earning more than $450,000), and you borrow money using investment assets like stocks, bonds, or other…

Sponsor

Goldman, Daniel S. (D-New York)

Introduced

2025-12-04

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.