S 1169 · 98th Congress · Taxation
A bill to delay indexation of individual income taxes until the Federal deficit for any fiscal year does not exceed 2 percent of the Gross National Product for such fiscal year.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Finance requested executive comment from OMB, Treasury Department.(1983-05-03)
Plain Language Summary
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Amends the Economic Recovery Tax Act of 1981 to delay indexation of individual income tax rates until the Federal deficit for any fiscal year does not exceed two percent of the gross national product.…
Summarized by Claude AI · Non-partisan · For informational purposes only