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United States · Bill · HR

H.R. 5187 (97th)

Truth in Taxation Act

referredUnited States· United States Congress· EN

Introduced

11 December 1981

Last action

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Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

29 August 2025

Official sourceView documentsShare

Summary

Truth in Taxation Act - Requires the Secretary of the Treasury to include the following information on individual income tax returns: (1) the total U.S. tax revenues received for the two most recent fiscal years; (2) the total revenues received for each such year; (3) the total outlays of agencies of the Federal Government; (4) the public debt at the close of each such fiscal year; and (5) the interest paid during each such fiscal year on outstanding obligations of the public debt.

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Documents

1 official file

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Sources

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