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Taxing Unrealized Gains will hurt middle class American families.

A tax on unrealized gains means every year taxpayers will have to guess their net worth – and then pay taxes on their guess – even before assets are sold.

A new tax based on guesswork means new, complicated loopholes…the last thing we need.


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See how taxing unrealized gains could impact American families.

Meet Luis

Luis has worked his land for more than 50 years and plans on passing it down to his children – but his farm won’t survive the STEP Act.

Meet Maria

Maria built a carpet business that employs 30 people. Her kids want to build it further – but the STEP Act might make it impossible.

Meet Ruth

Ruth wants to leave her son the business she built, and the home he was raised in. But the STEP Act may force him to sell both.