HR 1770 · 98th Congress · Taxation
Flat Tax Act of 1983
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1983-03-02)
Plain Language Summary
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Flat Tax Act of 1983 - Amends the Internal Revenue Code to repeal the income tax tables. Provides for a flat income tax rate of 14 percent for all individuals, estates, and trusts. Repeals all special tax deductions, credits, and exclusions from income for individuals. Increases to $2,000 the personal tax exemption.…
Summarized by Claude AI · Non-partisan · For informational purposes only