S. 2416 would amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax on individuals and replace it with an alternative tax individuals may choose.

== Detailed Summary ==

<summary>
(Log inTaxpayer Choice Act of 2007 - Amends the Internal Revenue Code to: (1) repeal the alternative minimum tax on individual taxpayers after 2006; and (2) allow taxpayers to editelect an alternative income tax system.

Makes permanent the wikicapital gains and bedividends rate reductions enacted by the first to provide a detailed summaryJobs and Growth Tax Relief Reconciliation Act of the bill!)2001.
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== Status of the Legislation ==

<status>
(Log in to editLatest Major Action: 12/6/2007: Read the wiki and be the first to update the status of the bill!)second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 524.
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== Points in Favor ==

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== Points Against ==

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