A bill to amend the Internal Revenue Code of 1954 to provide for automatic cost-of-living adjustments in the income tax and withholding rates.
Anti-Inflation Tax Reduction and Reform Act - Amends the Internal Revenue Code to require annual cost of living adjustments, based on the Consumer Price Index, to the individual income tax rates and the rates of income tax withholding.
Became Public Law No: 97-34.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
See H.R.4242.
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