H.R. 5058 — To amend the Internal Revenue Code of 1986 to reduce the estate and gift tax rates to 30 percent and to increase the exclusion equivalent of the unified credit to $10,000,000. | PoliFocus
H.R. 5058106th Congress
To amend the Internal Revenue Code of 1986 to reduce the estate and gift tax rates to 30 percent and to increase the exclusion equivalent of the unified credit to $10,000,000.
Amends the Internal Revenue Code to: (1) reduce the estate and gift tax rate to 30 percent; and (2) increase the unified credit exclusion to $10,000,000.
Full Text
Legislative Actions
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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