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- H.R.4707
H.R.4707: Simplified USA Tax Act of 2006
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced Feb. 8, 2006
- Latest Major Action Feb. 8, 2006
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Simplified USA Tax Act of 2006 - Repeals after 2006 income tax (including the individual and corporate alternative minimum tax) and estate and gift tax provisions of the Internal Revenue Code of 1986. Replaces such provisions with a new tax system, to be known as the Simplified USA Tax. Establishes three income tax brackets at 15, 25 and 30% for individual taxpayers. Redefines "gross income" and allows certain exclusions from gross income,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Feb. 8, 2006 |
Introduced in the House by Phil English (R-Pa.) |