To amend the Internal Revenue Code of 1986 to provide a permanent zero percent capital gains rate for individuals and corporations.
Other Bill Titles (1 more) 4/24/2008--Introduced.
Amends the Internal Revenue Code to establish, on a permanent basis, a zero percent tax rate for the net capital gains of individuals and corporations for purposes of the regular and alternative minimum tax. Eliminates the terminating date in the Jobs and Growth ... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| April 24, 2008 |
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In the News
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Blog Coverage
July 15, 2008 NTU Supports Double Taxation Elimination Act
HR 5908 would prevent another $90 worth of salt being poured into that wound. Sound policy should not tax a âgainâ which gives the taxpayer or the US economy no additional economic benefit. Capital gains and dividends taxation are not ...
Source: Government Bytes
May 14, 2008 Eliminate the Capital Gains Tax
He has sponsored HR 5908. It would permanently eliminate both the individual and corporate capital gains taxes. With a zero percent capital gains tax rate, the US would be an international magnet for capital, spurring entrepreneurship ...
Source: BusinessTrends Blog
April 30, 2008 Republicans Plan a Giveaway: for the Wealthy
HR 5908, available here Download hr_5908.txt . Not surprisingly, Herger's press release in support of the bill is an attempt to hoodwink ordinary Americans into thinking that the bill is going to do them good (in spite of the fact that ...
Source: ataxingmatter








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