Economic Growth Act of 2008

Summary

Economic Growth Act of 2008 - Amends the Internal Revenue Code to: (1) repeal the dollar and other limitations on the expensing allowance of depreciable business assets; (2) reduce to 25% the maximum corporate income tax rate; (3) provide for an inflation adjustment to the basis of certain capital assets for purposes of determining gain or loss; and (4) reduce from 35 to 15% the alternative capital gains tax rate for corporations.

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Timeline

1. 5 February 2008

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 5 February 2008

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 5 February 2008 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 5 February 2008

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 5 February 2008

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 5 February 2008

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. DeMint, Jim [R-SC] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to → Capital Gains Inflation Relief Act of 2007
• related to → Middle Class Jobs Protection Act of 2008
• related to → Grow American Investment Now Jobs Act of 2008
• related to → Capital Gains Inflation Relief Act of 2007
• related to → Economic Growth Act of 2008
• related to ← A bill to amend the Internal Revenue Code of 1986 to index certain assets for purposes of determining gain or loss.