H.R. 3591 · 110th Congress
Middle Class Investor Tax Relief Act of 2007
- Stage
- In committee
- Sponsor
- Nick Lampson
- Introduced
- 2007-09-19
- Latest action
- 2007-09-19 · Introduced in House
Summary
Middle Class Investor Tax Relief Act of 2007 - Amends the Internal Revenue Code to allow individual taxpayers a deduction from gross income for their net capital gains. Limits the amount of the deduction based upon taxpayer adjusted gross income.