H.R. 5882 · 113th Congress
Flat Tax Rate Act
- Stage
- In committee
- Sponsor
- Steve Stockman
- Introduced
- 2014-12-11
- Latest action
- 2014-12-11 · Introduced in House
Summary
Flat Tax Rate Act - Imposes a federal income tax rate of 15% on all income of all U.S. citizens, regardless of annual income or current economic standing. Allows exemptions for single and joint tax return filers and for each child of a taxpayer up to the age of 18.