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S. 2416

BillFederalSenateFloor Consideration
Taxpayer Choice Act of 2007
About This Bill
Introduced
Latest Action · December 6, 2007
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 524.
Congress
110th (2007–2009)
Introduced
December 5, 2007
Cosponsors (0)
None
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Summary

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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.

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