Amendment107th Congress
Amendment sought to create a new 12 percent tax rate (phased in through 2003, for the first $20,000 of taxable income); increase the earned income tax credit; create a standard deduction for married couples equal to twice the standard available to single individuals; and provide marriage penalty relief in the earned income credit and the rate reductions.
- Amendment Number
- 8
- Description
- Amendment sought to create a new 12 percent tax rate (phased in through 2003, for the first $20,000 of taxable income); increase the earned income tax credit; create a standard deduction for married couples equal to twice the standard available to single individuals; and provide marriage penalty relief in the earned income credit and the rate reductions.
- Purpose
- An amendment to create a new 12 percent tax rate (phased in through 2003); increase the earned income tax credit; create a standard deduction for married couples equal to twice the standard available to single individuals and provide marriage penalty relief in the earned income credit and the rate reductions.
- Congress
- 107
- Type
- HAMDT
- Latest Action Date
- Mar 8, 2001
- Latest Action Text
- On agreeing to the Rangel amendment (A002) Failed by the Yeas and Nays: 155 - 273 (Roll no. 42).
- Latest Action Time
- 17:05:21
- Submitted Date
- Mar 8, 2001
- Chamber
- House of Representatives
- Update Date
- Aug 15, 2021