According to CoinMeta, as inflation rises, Republican lawmakers in the United States are pushing to link capital gains taxes to inflation, which could result in significant tax reductions for American investors, homeowners, and savers. Senator Ted Cruz of Texas ( Ted Cruz ) sponsored the Capital Gains Inflation Relief Act of 2025, aimed at indexing capital gains to inflation. In March, Cruz and Senator Tim Scott of South Carolina ( Tim Scott ) wrote to Treasury Secretary Scott Bosworth ( Scott Bessent ), urging him to implement inflation indexing while waiting for Congress to act. Republicans in the House of Representatives also sent a similar letter a few days later.