H.R.2495 - Tax Equity and Middle Class Fairness Act of 2011

To amend the Internal Revenue Code of 1986 to eliminate certain tax expenditures. view all titles (2)

All Bill Titles

  • Official: To amend the Internal Revenue Code of 1986 to eliminate certain tax expenditures. as introduced.
  • Short: Tax Equity and Middle Class Fairness Act of 2011 as introduced.

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Introduced
 
House
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Senate
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President
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07/11/11
 
 
 
 
 
 
 

Official Summary

Tax Equity and Middle Class Fairness Act of 2011 - Repeals or revises tax expenditure provisions in the Internal Revenue Code relating to: (1) the production of oil and gas; (2) the production and development of coal resources; (3) individuals, including a phase-out of health savings and Ar

Official Summary

Tax Equity and Middle Class Fairness Act of 2011 - Repeals or revises tax expenditure provisions in the Internal Revenue Code relating to:
(1) the production of oil and gas;
(2) the production and development of coal resources;
(3) individuals, including a phase-out of health savings and Archer medical savings accounts;
(4) business taxpayers, including the elimination of certain expensing allowances and the repeal of capital gain treatment for the sale of timber; and
(5) certain international tax preferences.

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