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United States · Bill · HR

H.R. 13191 (95th)

A bill to amend the Internal Revenue Code of 1954 to provide tax relief to small businesses by establishing a graduated income tax rate for corporations.

referredUnited States· United States Congress· EN

Introduced

19 June 1978

Last action

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Status

Referred to House Committee on Ways and Means.

Sponsors

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Subjects

Discovery layer

Source updated

1 August 2024

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Summary

Amends the Internal Revenue Code by providing graduated corporate income tax rates ranging, over seven brackets, from a 16 percent rate on a corporation's first $25,000 income to a 45 percent rate on income over $150,000.

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Documents

1 official file

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