Summary: H.R.5852 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for H.R.5852. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (12/11/2014)

Scrap the Cap Act - Amends the Internal Revenue Code to eliminate the cap ($117,000 in 2014) on income that is subject to employment and self-employment taxes used to fund social security benefits.