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United States · Bill · S

S. 3052 (96th)

Investment Incentive Act of 1980

referredUnited States· United States Congress· EN

Introduced

21 August 1980

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Investment Incentive Act of 1980 - Amends the Internal Revenue Code to: (1) reduce the maximum income tax rate for individuals from 70 percent to 67 percent; (2) increase the capital gains deduction for individuals from 60 percent to 70 percent; and (3) reduce the corporate capital gains tax rate from 28 percent to 20 percent.

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Documents

1 official file

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Sources

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