H.R.7339: Taxpayer Holiday Act for 2009

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 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).

(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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