A bill to protect the take-home pay of the American taxpayer by adjusting personal income tax rates to reflect inflation.
Take-Home Pay Protection Act - Amends the Internal Revenue Code to require annual inflation adjustments to the income tax tables, the zero bracket amount, the minimum income levels for which a tax return is required, the personal tax exemption, and the tax withholding schedules.
Introduced in Senate
Read second time and referred to Senate Committee on Finance.
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