A bill to reduce Social Security payroll taxes by amending the Social Security Act and the Internal Revenue Code of 1954.
Payroll Tax Reduction Act - Amends the Internal Revenue Code and the Social Security Act to finance through general revenues the hospital insurance program of title XVIII (Medicare) of the Social Security Act, rather than through taxes on employers, employees, and the self-employed.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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