SIFMA, as part of a coalition, provides comments strongly urging Congress to support S. 1647, introduced by Senator Mike Crapo (R-Idaho), and H.R. 3091, introduced by Representative Peter Roskam (R-Ill.). The bills would make permanent the individual income tax rates for capital gains and dividends.  Unless Congress acts by the end of 2012, the tax rate for capital gains will increase from 15 percent to 20 percent and the dividend tax rate will more than double from 15 percent to 39.6 percent.  The groups warn that the resulting massive tax increase would have detrimental impacts on investment and jobs in the United States.