Crane Tithe Tax Act of 2003 - Amends the Internal Revenue Code to: (1) repeal the tax on corporations; (2) repeal the current tax rates for individuals and replace such rates with a ten percent tax on earned income; (3) provide amnesty for any tax liability prior to January 1, 2002; (4) repeal all specific exclusions from gross income, all deductions, and all credits; and (5) repeal subtitle B relating to estate, gift, and generation-skipping taxes.
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Apr 11, 2003
Referred to the House Committee on Ways and Means.