Tax Code Termination Act

Summary

Tax Code Termination Act - Mandates the termination of the Internal Revenue Code after December 31, 2010, except for self-employment taxes, Federal Insurance Contributions Act taxes, and Railroad Retirement taxes. Declares that any new federal tax system should be a simple and fair system that: (1) provides tax relief for working Americans; (2) protects the rights of taxpayers and reduces tax collection abuses; (3) eliminates the bias against savings and investment; (4) promotes economic growth and job creation; and (5) does not penalize marriage or families. Requires that the new federal tax system be approved by Congress in its final form by July 4, 2010.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 5 December 2006

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• Introduced in House (PDF)

  Introduced in House · EN · 5 December 2006

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• Introduced in House

  summary · EN · 5 December 2006

  Open at official source

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