H.R. 7339 · 110th Congress
Taxpayer Holiday Act for 2009
- Stage
- In committee
- Sponsor
- John Shadegg
- Introduced
- 2008-12-10
- Latest action
- 2008-12-10 · Introduced in House
Summary
Taxpayer Holiday Act for 2009 - Excludes up to $125,000 ($250,000 in the case of a joint return) of wages or self-employment income earned in the first six months of the first taxable year beginning in 2009 from federal income and employment taxation. Reduces income tax rates on taxable income exceeding $125,000 ($250,000 in the case of a joint return).