A bill to amend the Internal Revenue Code of 1954 to reduce in 5 steps the maximum rate of income tax on corporations from 46 percent to 36 percent.
Business Opportunity Act of 1983 - Amends the Internal Revenue Code to reduce the maximum rate of income tax on corporations from 46 percent to 36 percent. Phases in such reduction in five steps between the years 1984 and 1988.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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