Flat Tax Act of 1982

Summary

Flat Tax Act of 1982 - Amends the Internal Revenue Code to repeal the income tax tables. Provides for an income tax rate of 14 percent for all individuals, estates, and trusts. Repeals all special tax deductions, credits, and exclusions from income for individuals. Amends the Economic Recovery Tax Act of 1981 to increase to $2,000 the deduction for personal exemptions.

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Timeline

1. 13 July 1982

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 13 July 1982

   Introduced

   Introduced in House

   Source: IntroReferral

3. 13 July 1982

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 13 July 1982

  Open at official source

Sponsors

• Rep. Dreier, David [R-CA-26] · R · Sponsor
• · hswm00 · Standing

Related records

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