H.R. 7338 · 110th Congress
Taxpayer Relief Act of 2008
- Stage
- In committee
- Sponsor
- John Shadegg
- Introduced
- 2008-12-10
- Latest action
- 2008-12-10 · Introduced in House
Summary
Taxpayer Relief Act of 2008 - Reduces for 2008 income tax purposes: (1) the taxable income of a taxpayer by $125,000 ($250,000 in the case of a joint return); and (2) the rate of tax on taxable income in excess of $125,000 by 5%.