The actual legislative language of the House Democrat reconciliation bill was released this afternoon. 

Keep in mind that this is not the "deemed" bill which passed the Senate already.  If the reconciliation bill passes the House, the Senate bill becomes law.

At that point, the House and Senate will start working on an "improvement" to the Senate healthcare bill from December (which would now be law).

The reconciliation language includes a 3.8 percent surtax on "unearned income," which includes capital gains.

The capital gains rate is already set to rise from 15 to 20 percent in 2011.

This surtax would result in a capital gains rate of 23.8 percent in 2014.

A 24 percent capital gains tax rate is an economy killer.