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H.R.5908

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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

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IntroducedresultVoted on by HouseresultVoted on by SenateresultConsidered By PresidentresultBill Becomes Law
April 24, 2008
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Blog Coverage feed

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 “gain” which gives the taxpayer or the US economy no additional economic benefit. Capital gains and dividends taxation are not ...

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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 ...

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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 ...

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Source: ataxingmatter


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