H.R.7338: Taxpayer Relief Act of 2008

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about taxation
  • Introduced Dec. 10, 2008
  • Latest Major Action Dec. 10, 2008

Bill 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%.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Dec. 10, 2008

Introduced in the House by John Shadegg (R-Ariz.)

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