H.R. 10902 — A bill to amend the Internal Revenue Code of 1954 to provide tax relief to small businesses by establishing a graduated income tax rate for corporations.

Summary

Amends the Internal Revenue Code to provide graduted income tax rates for corporations with a maximum rate of 45 percent on income in excess of $150,000 and a minimum rate of 18 percent on income not in excess of $25,000.

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Related Legislation

H.R. 10784A bill to amend the Internal Revenue Code of 1954 to provide tax relief to small businesses by establishing a graduated income tax rate for corporations.
1978-02-06Referred to House Committee on Ways and Means.
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Legislative Actions

1978-02-09
Introduced in House
1978-02-09
Introduced in House
1978-02-09
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to provide tax relief to small businesses by establishing a graduated income tax rate for corporations.

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