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HR 3818 110th Congress House Taxation Capital gains tax Dividends Finance and Financial Sector Income tax Minimum tax Tax rates

Taxpayer Choice Act of 2007

Introduced: October 10, 2007 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 10, 2007
Referred to the House Committee on Ways and Means.
Oct 10, 2007
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now October 10, 2007

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1