HR 10640 · 95th Congress · Taxation

Small Business Tax Reform Act

Introduced 1978-01-31· Sponsored by Rep. Rinaldo, Matthew J. [R-NJ-12]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1978-01-31)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business Tax Reform Act - Amends the Internal Revenue Code to replace the corporate income tax rates with a graduated, five-tier rate schedule, imposing the uppermost (48 percent) marginal rate upon income in excess of $100,000.…

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