To amend the Internal Revenue Code of 1986 to increase the highest rate of income tax imposed on individual taxpayers to 39.6 percent, and to deposit the amounts received as a result of such increase into the Social Security trust funds.

Fact Sheet API

Bill Number

HR 2935

Introduced

Sep 21, 2001

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Economics and Public Finance Government trust funds Health Income tax Medicare Old age, survivors and disability insurance Personal income tax Social security finance Social Welfare Tax rates Taxation

Full Text

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Votes

Summary

Amends the Internal Revenue Code to increase the highest rate of income tax imposed on individual taxpayers to 39.6 percent, and to appropriate to the social security trust funds the resulting revenue increase.

Actions

Sep 21, 2001

Referred to the House Committee on Ways and Means.
Sep 21, 2001

Introduced in House

Amendments

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