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H.R. 3591, The Middle Class Investor Tax Relief Act of 2007

  • This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Comparing revision saved on September 20, 2007, 18:32:39 (webmaster), with revision saved on October 10, 2007, 14:59:53 (webmaster):

H.R. 3591 would amend the Internal Revenue Code of 1986 to provide that the net capital gain of certain individuals shall not be subject to tax.

== Detailed Summary ==

<summary>
(Log in to editMiddle Class Investor Tax Relief Act of 2007 - Amends the wiki and be the firstInternal Revenue Code to provideallow individual taxpayers a detailed summarydeduction from gross income for their net capital gains. Limits the amount of the bill!)deduction based upon taxpayer adjusted gross income.
</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 9/19/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.
</status>

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== Points in Favor ==

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== Points Against ==

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