S.727: Bipartisan Tax Fairness and Simplification Act of 2011

About This Bill

Bill Sponsor

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Summary

Bipartisan Tax Fairness and Simplification Act of 2011 - Declares as the purposes of this Act to: (1) make the federal individual income tax system simpler, fairer, and more transparent; (2) reduce the income tax rate on corporations, repeal the individual and corporate alternative minimum tax (AMT), and eliminate special tax preferences; and (3) reduce the federal budget deficit. Amends the Internal Revenue Code to: (1) reduce the number of...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
April 5, 2011

Introduced in the Senate by Ron Wyden (D-Ore.)

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