To direct the Comptroller General of the United States to study the effect that a tax system comprised of a 10 percent Federal consumption tax and a 10 percent flat Federal income tax would have on the Federal Government and the United States economy.

Summary

Directs the Comptroller General to study and report to the Congress on the effect: (1) that a tax system comprised of a ten percent Federal consumption tax and a ten percent flat Federal income tax would have on Government revenues and the U.S. economy; and (2) those rates would have if varied over time but raise the same revenue as the tax system in effect at the time of enactment of this Act.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 26 February 1997

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• Introduced in House (PDF)

  Introduced in House · EN · 26 February 1997

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• Introduced in House

  summary · EN · 26 February 1997

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