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H.R. 1937, The Timber Revitalization and Economic Enhancement (TREE) Act of 2007 (2 comments ↓)
H.R. 1937 would amend the Internal Revenue Code of 1986 to allow a deduction for qualified timber gains and to modernize certain provisions applicable to timber real estate investment trusts.
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Visitor Comments
Bill
Congress is taking too long to act on this issue. That's why they have an 11% approval rating!
Owl
Cutting WY taxes to promote more cutting of trees...even though the housing mkt has cratered and the weak dollar will already stimulate demand. Why not just cut corporate taxes for everyone?