To amend the Internal Revenue Code of 1986 to strengthen the earned income tax credit.
Strengthen the Earned Income Tax Credit Act of 2006 - Amends the Internal Revenue Code to: (1) increase the earned income tax credit phaseout amounts for married taxpayers and make such increases permanent; (2) increase the rate of such credit for families with three or more children; (3) reduce the phaseout of such credit for individuals with no children; (4) make permanent the inclusion of military combat pay in earned income for purposes of computing such credit; and (5) impose an additional income tax on individual taxpayers with adjusted gross incomes over $1 million.
Read twice and referred to the Committee on Finance.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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