A bill to amend the Internal Revenue Code of 1954 to provide that no individual shall pay an income tax of less than 10 percent of his net income which exceeds $30,000 for any taxable year.

referredUnited States· United States Congress· EN

Introduced

14 January 1975

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Provides that no individual shall pay an income tax of less than 10 percent of his net income which exceeds $30,000 for any taxable year. Defines net income as adjusted gross income computed without excluding interest on governmental bonds.

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Votes

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 14 January 1975
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/94th-congress/house-bill/69
Open data entity: https://api.congress.gov/v3/bill/94/hr/69