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H.R. 396, The Senior Assets Verification Exemption (SAVE) from Capital Gains Tax Act of 2009

H.R. 396 would amend the Internal Revenue Code of 1986 to provide that certain net capital gain of individuals who have attained age 65 shall not be subject to tax.

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Aging, Capital gains tax, Income tax deductions, Income tax exclusion, Income tax rates, Taxation

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