legislation: 98-sres-205
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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 |
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| 98-sres-205 | 98 | sres | 205 | A resolution to express the sense of the Senate in support of the principles of a flat rate individual income tax. | Taxation | 1983-08-04 | 1983-08-20 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Helms, Jesse [R-NC] | NC | R | H000463 | 3 | Expresses the sense of the Senate that the Internal Revenue Code should be amended to establish a flat-rate individual income tax based on the following principles: (1) the tax system should be simple, understandable, and evenhanded; (2) no income should be taxed more than once; (3) all income should be subject to the same rate, which should be as low as possible; (4) the tax base should be as broad as possible, with very few credits, deductions, or exclusions; (5) personal tax exemptions should be large enough to exempt the poorest households from tax liability; and (6) the amount of overall tax revenue should be no greater than under the current tax system. | 2021-06-29T21:28:18Z |