H.R.3818 - Taxpayer Choice Act of 2007110th Congress (2007-2008)
|Sponsor:||Rep. Ryan, Paul [R-WI-1] (Introduced 10/10/2007)|
|Committees:||House - Ways and Means|
|Latest Action:||10/10/2007 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
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Summary: H.R.3818 — 110th Congress (2007-2008)All Bill Information (Except Text)
Introduced in House (10/10/2007)
Taxpayer Choice Act of 2007 - Amends the Internal Revenue Code to: (1) repeal the alternative minimum tax on individual taxpayers after 2006; and (2) allow taxpayers to elect an alternative income tax system.
Makes permanent the capital gains and dividends rate reductions enacted by the Jobs and Growth Tax Relief Reconciliation Act of 2001.