Amendment in the nature of a substitute sought to lay out Democratic principles for tax reforms that call for increased revenues to bring down the national debt and invest in economic growth; a progressive tax rate structure; protecting the vulnerable; repeal of the AMT; discouraging tax haven abuse; elimination of tax breaks that ship jobs and profits overseas; promotion of domestic manufacturing; and preserving incentives for education, retirement, healthcare, home ownership, and small businesses.

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Amendment Number
1475
Description
Amendment in the nature of a substitute sought to lay out Democratic principles for tax reforms that call for increased revenues to bring down the national debt and invest in economic growth; a progressive tax rate structure; protecting the vulnerable; repeal of the AMT; discouraging tax haven abuse; elimination of tax breaks that ship jobs and profits overseas; promotion of domestic manufacturing; and preserving incentives for education, retirement, healthcare, home ownership, and small businesses.
Purpose
Printed in Part A of House Report 112-641 to lay out Democratic principles for tax reform that call for increased revenues to bring down our national debt and invest in economic growth; a progressive tax rate structure; protecting the vulnerable; repeal of the AMT; discouraging tax haven abuse; elimination of tax breaks that ship jobs and profits overseas; promotion of domestic manufacturing; and preserving incentives for education, retirement, healthcare, home ownership, and small business.
Congress
112
Type
HAMDT
Latest Action Date
Aug 2, 2012
Latest Action Text
On agreeing to the Slaughter amendment (A001) Failed by recorded vote: 176 - 246 (Roll no. 550). (consideration: CR H5678)
Latest Action Time
15:46:56
Submitted Date
Aug 2, 2012
Chamber
House of Representatives
Update Date
Dec 5, 2020
Amendment 1475 — Informed