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United States · Bill · S

S. 193 (103rd)

Flat Tax Act of 1993

referredUnited States· United States Congress· EN

Introduced

26 January 1993

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Flat Tax Act of 1993 - Amends the Internal Revenue Code to repeal corporate taxes. Imposes a ten percent tax on the excess of the earned income of individuals over an exemption amount. Repeals: (1) specific exclusions from gross income; (2) deductions and credits against income tax; and (3) estate and gift taxes.

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Documents

3 official files

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Sources

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