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United States · Bill · HR

H.R. 3552 (100th)

A bill to amend the Internal Revenue Code of 1986 to reduce the maximum capital gains rate to 15 percent.

referredUnited States· United States Congress· EN

Introduced

27 October 1987

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to reduce from 28 to 15 percent the maximum income tax rate applicable to the long-term capital gains of individuals. Excludes capital gains from the phaseout affecting personal exemptions and the 15 percent income tax rate.

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Documents

1 official file

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Sources

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