H.R.5105 - Fair and Simple Tax Act of 2008

To amend the Internal Revenue Code of 1986 to reduce taxes by providing an alternative determination of income tax liability for individuals, repealing the estate and gift taxes, reducing corporate income tax rates, reducing the maximum tax for individuals on capital gains and dividends to 10 percent, indexing the basis of assets for purposes of determining capital gain or loss, creating tax-free accounts for retirement savings, lifetime savings, and life skills, repealing the adjusted gross income threshold in the medical care deduction for individuals under age 65 who have no employer health coverage, and for other purposes. view all titles (2)

All Bill Titles

Official: To amend the Internal Revenue Code of 1986 to reduce taxes by providing an alternative determination of income tax liability for individuals, repealing the estate and gift taxes, reducing corporate income tax rates, reducing the maximum tax for individuals on capital gains and dividends to 10 percent, indexing the basis of assets for purposes of determining capital gain or loss, creating tax-free accounts for retirement savings, lifetime savings, and life skills, repealing the adjusted gross income threshold in the medical care deduction for individuals under age 65 who have no employer health coverage, and for other purposes. as introduced.
Short: Fair and Simple Tax Act of 2008 as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Sort By

Oldest First
Newest First
Highest Rated

Comments Feed ?

What's this?

OpenCongress comment boards are an open forum for discussion. Let's build public knowledge about Congress together, so please keep the discussion civil -- no harsh language, subject to our community Comment Policy. Do not post any information here (for example, your name or email) that you do not wish to be public.

Filter Comments to a Rating of at least

What's this?

The Ratings Filter allows you to determine how many user comments to view on pages here on OpenCongress. Setting the filter higher (towards 10) allows you to see only the comments rated "most helpful" by users, while setting the filter lower (towards 0) allows you to see more comments on a page.