A bill to amend the Internal Revenue Code of 1954 to provide an income tax credit for social security taxes paid in 1981 and 1982.
Social Security Payroll Credit Act of 1981 - Amends the Internal Revenue Code to allow employers, employees, and self-employed individuals a refundable income tax credit equal to ten percent of the amount of social security taxes paid by such individuals in 1981 or 1982.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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