Summary: H.R.5882 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for H.R.5882. Bill summaries are authored by CRS.

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Introduced in House (12/11/2014)

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.