HR 518 · 96th Congress · Taxation
Payroll Tax Reduction Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1979-01-15)
Plain Language Summary
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Payroll Tax Reduction Act - Amends the Internal Revenue Code and the Social Security Act to finance through general revenues the hospital insurance program of title XVIII (Medicare) of the Social Security Act, rather than through taxes on employers, employees, and the self-employed.…
Summarized by Claude AI · Non-partisan · For informational purposes only