S. 2097 would modify the optional method of computing net earnings from self-employment.

== Detailed Summary ==

<summary>
(Log in to editFarmer Tax Fairness Act of 2007 - Amends the wikiInternal Revenue Code and betitle II (Old Age, Survivors and Disability Insurance) of the firstSocial Security Act to providerevise the optional method of computing the net earnings of self-employed individuals for purposes of determining social security benefit eligibility. Replaces the numerical formula for determining benefit eligibility with an indexed calculation based on a detailed summarylower limit (the amount required under the Social Security Act for a quarter of coverage) and an upper limit (150 percent of the bill!)lower limit).
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== Status of the Legislation ==

<status>
Latest Major Action: 9/26/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
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== Points in Favor ==

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== Points Against ==

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