S 2811 · 95th Congress · Taxation

Tax Reduction Act

Introduced 1978-03-23· Sponsored by Sen. Danforth, John C. [R-MO]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1978-03-23)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the personal exemption, the zero bracket amount, the general tax credit, and the earned income credit. Sets forth new tax tables with lower rates.…

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

Cosponsors (5)

5 Republicans