legislation: 117-hr-9680

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
117-hr-9680 117 hr 9680 To amend the Internal Revenue Code to establish a flat tax, and for other purposes. Taxation 2022-12-22 2022-12-22 Referred to the House Committee on Ways and Means. House Rep. Gohmert, Louie [R-TX-1] TX R G000552 0 This bill imposes a 15% flat tax on the taxable income of each individual taxpayer. It defines taxable income as the excess of the sum of wages, taxable retirement distributions, plus unemployment compensation, over the standard deduction. The bill also imposes a 15% flat tax on business taxable income and on noncash compensation provided to employees not engaged in business activity. The bill repeals various existing tax provisions, including the alternative minimum tax, certain tax credits, and estate and gift taxes. 2023-02-17T04:45:42Z  

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