A bill to amend the Internal Revenue Code of 1954 to provide for cost-of-living adjustments in the amount of the personal exemption and in the individual tax rates.
Anti-Inflation Tax Reduction and Indexing Act - Amends the Internal Revenue Code to provide for annual cost-of-living adjustments to the individual income tax rates, personal exemption amounts, withholding tax amounts and the minimum amounts of income which necessitate filing a return.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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