To amend the Internal Revenue Code of 1986 to impose an 80 percent excise tax on honorarium income from speeches by Members of Congress and all other indivduals.
Honorarium Income Tax Act of 1989 - Amends the Internal Revenue Code to impose an excise tax on income, other than that donated to charitable organizations, received as honoraria for speeches given by any taxpayer whose earned income is less than 51 percent attributable to such income.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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