US HB144 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 6 2015 - 25% progression, died in committee
Action: 2015-01-06 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 6 2015 - 25% progression, died in committee
Action: 2015-01-06 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Alternative Maximum Tax Act Max Tax Act Amends the Internal Revenue Code to provide for an alternative maximum tax for a taxpayer other than a corporate taxpayer. Limits the tax to 50% of the taxpayer's adjusted gross income, calculated by adding all federal, state, and local taxes paid by the taxpayer during the taxable year and dividing that amount by the taxpayer's adjusted gross income.
Title
Alternative Maximum Tax Act Max Tax Act
Sponsors
| Rep. David Jolly [R-FL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-01-06 | House | Referred to the House Committee on Ways and Means. |
| 2015-01-06 | House | Introduced in House |
Subjects
Employment taxes
Income tax rates
Property tax
Sales and excise taxes
State and local taxation
Tax administration and collection, taxpayers
Taxation
Transfer and inheritance taxes
User charges and fees
Income tax rates
Property tax
Sales and excise taxes
State and local taxation
Tax administration and collection, taxpayers
Taxation
Transfer and inheritance taxes
User charges and fees
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/144/all-info |
| Text | https://www.congress.gov/114/bills/hr144/BILLS-114hr144ih.pdf |
