Many financial trades would face a new small tax starting in 2026.
This bill would add a new tax on buying and selling stocks, bonds, and other financial products. The tax would start at 0.02% in 2026 and gradually increase to 0.1% by 2030. This would affect investors, brokers, and exchanges involved in these transactions.
Currently, there is no federal tax specifically on each individual financial trading transaction like buying a stock or bond. If this bill became law, a small tax would be added to most of these transactions, starting at 0.02% in 2026 and increasing to 0.1% by 2030, with financial exchanges, brokers, or the traders themselves responsible for paying it.
HR 4035 · 119th Congress · AI Summary by gemini-2.5-flash · 9/10
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7 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.