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H.R. 3948

BillFederalHouseIn Committee
Share the Sacrifice Act of 2007
About This Bill
Committee
Latest Action · October 23, 2007
Referred to the House Committee on Ways and Means.
Congress
110th (2007–2009)
Introduced
October 23, 2007
Cosponsors (8)
8D 0R
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Summary

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Share the Sacrifice Act of 2007 - Amends the Internal Revenue Code to impose an Iraq War surtax on the net income tax liabilities of individuals, estates and trusts, and corporations. Exempts from such surtax: (1) members of the Armed Forces who have received combat pay after September 11, 2001; (2) survivors of military personnel who received a death gratuity; and (3) taxpayers with adjusted gross income not in excess of $30,000.

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