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United States · Bill · HR

H.R. 4105 (101st)

To amend the Internal Revenue Code of 1986 to reduce the tax on capital gains of individuals.

referredUnited States· United States Congress· EN

Introduced

26 February 1990

Last action

Status

Referred to the Subcommittee on Health.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to establish an alternative capital gains tax for individuals which takes into account qualified higher education expenses, first-time homebuyer expenses, and expenses for nursing home care of the taxpayer, the spouse, or any dependent of the taxpayer. Provides procedures for the indexing of assets for purposes of determining gain.

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Documents

2 official files

Introduced in House (text)

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Sources

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