U.S. Congress - H.R.4235 Estate Tax Reduction Act of 2007
H.R.4235 - Estate Tax Reduction Act of 2007
To amend the Internal Revenue Code of 1986 to restore the estate tax, to repeal the carryover basis rule, to reduce estate tax rates by 20 percent, to increase the unified credit against estate and gift taxes to the equivalent of a $3,000,000 exclusion and to provide an inflation adjustment of such amount, and for other purposes. view all titles (2)
All Bill Titles
- Short: Estate Tax Reduction Act of 2007 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to restore the estate tax, to repeal the carryover basis rule, to reduce estate tax rates by 20 percent, to increase the unified credit against estate and gift taxes to the equivalent of a $3,000,000 exclusion and to provide an inflation adjustment of such amount, and for other purposes. as introduced.
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