See How Your Politicians Voted
Title: Tax Code Termination bill
Vote Smart's Synopsis:
Vote to pass a bill requiring Congress to approve of a new Federal tax system by July 4, 2002.
- Prohibits the Federal Government from imposing taxes using the Internal Revenue Code of 1986 after December 31, 2002, except in certain cases.
- States that any new Federal tax system should be simple and fair.
- Suggests the new tax system should: apply a low rate, provide tax relief to working Americans, reduce tax collection abuses, eliminate bias against savings and investment, promote economic growth and job creation, and should not penalize families.