S 579 · 105th Congress · Taxation

Working Americans Wage Restoration Act

Introduced 1997-04-15· Sponsored by Sen. Ashcroft, John [R-MO]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(1997-04-15)

Plain Language Summary

[AI summary unavailable — showing source text] Working Americans Wage Restoration Act - Amends the Internal Revenue Code to allow a deduction from adjusted gross income for Old Age, Survivors and Disability Insurance (OASDI) employee taxes, unless an individual claims the earned income credit. Raises the deduction for OASDI self-employment taxes. Reduces such deduction by 50 percent for self-employed individuals claiming the earned income credit.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

5 Republicans
Sen. Craig, Larry E. [R-ID]ID
Sen. Shelby, Richard C. [R-AL]AL
Sen. Cochran, Thad [R-MS]MS
Sen. Hagel, Chuck [R-NE]NE
Sen. Hatch, Orrin G. [R-UT]UT