H.R. 150 · 112th Congress

Senior Citizens Tax Elimination Act

Stage
In committee
Sponsor
Ron Paul
Introduced
2011-01-05
Latest action
2011-01-05 · Introduced in House

Summary

Senior Citizens Tax Elimination Act - Amends the Internal Revenue Code to repeal the inclusion of any social security or tier I railroad retirement benefits in gross income.

Appropriates funds to cover reductions in transfers to the Social Security and Railroad Retirement Trust Funds resulting from the enactment of this Act. Expresses the sense of Congress against using tax increases to provide revenue necessary to carry out this Act.