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H.R. 3062 — Tax Reduction Act of 1981 | PoliFocus

H.R. 306297th Congress

Tax Reduction Act of 1981

A bill to amend the Internal Revenue Code of 1954 to reduce the maximum individual income rate to 50 per centum.

Sponsors

Rep. Duncan, John J. [R-TN-2]

Subjects

Taxation

Summary

Tax Reduction Act of 1981 - Amends the Internal Revenue Code to reduce from 70 percent to 50 percent the maximum rate of income tax for individuals.

Full Text

Related Legislation

H.R. 2385Tax Reduction Act of 1981
1981-03-10Referred to House Committee on Ways and Means.
Related

Legislative Actions

1981-04-07
Introduced in House
1981-04-07
Introduced in House
1981-04-07
Referred to House Committee on Ways and Means.

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