H.R. 5169, The Grow American Investment Now Jobs Act of 2008

• This item is from the 110th Congress (2007-2008) and is no longer current.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.

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H.R. 5169 would amend the Internal Revenue Code of 1986 to reduce marginal income tax rates on corporations.

Detailed Summary

Grow American Investment Now Jobs Act of 2008 - Amends the Internal Revenue Code to reduce the maximum income tax rate on corporations, including personal service corporations, from 35 to 25%.

Status of the Legislation

Latest Major Action: 1/29/2008: Referred to House committee. Status: Referred to the House Committee on Ways and Means.

Points in Favor

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Points Against

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