3.0.0 144 2023-01-11T13:29:15Z 2023-01-11T13:29:15Z House HR 2015-01-06 114 [Congressional Record Volume 161, Number 1 (Tuesday, January 6, 2015)][Pages H47-H48]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. JOLLY:H.R. 144.Congress has the power to enact this legislation pursuantto the following:[[Page H48]]Clause I, Section 8 of Article 1 of the United StatesConstitution which reads: ``The Congress shall have Power tolay and collect Taxes, Duties, Imposts, and Excises, to paythe Debts, and provide for the common Defense and GeneralWelfare of the United States; but all Duties and Imposts andExcises shall be uniform throughout the United States.'']]> hswm00 Ways and Means Committee House Standing Referred to 2015-01-06T17:14:35Z 2015-01-06 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2015-01-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-01-06 Introduced in House IntroReferral 1000 9 Library of Congress J000296 Rep. Jolly, David W. [R-FL-13] David Jolly R FL W. 13 N Taxation Employment taxes Income tax rates Property tax Sales and excise taxes State and local taxation Tax administration and collection, taxpayers Transfer and inheritance taxes User charges and fees Taxation 00 2015-01-06 Introduced in House 2015-01-20T21:44:14Z Alternative Maximum Tax Act or the Max Tax Act

Amends the Internal Revenue Code to provide for an alternative maximum tax for a taxpayer other than a corporate taxpayer. Limits the tax to 50% of the taxpayer's adjusted gross income, calculated by adding all federal, state, and local taxes paid by the taxpayer during the taxable year and dividing that amount by the taxpayer's adjusted gross income.

]]> Max Tax Act Display Title Max Tax Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to establish a maximum rate of Federal, State, and local tax imposed on taxpayers. Introduced in House IH Short Titles as Introduced Max Tax Act Short Titles as Introduced Alternative Maximum Tax Act Introduced in House 2015-01-06T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr144ih/xml/BILLS-114hr144ih.xml 2015-01-06 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.