2013-06-17 Introduced in House American Growth & Tax Reform Act of 2013 - Directs the Secretary of the Treasury to develop and submit to Congress a legislative proposal to establish a consumption tax that is broad-based and progressive in nature. Requires such proposal to: (1) set forth the details of such a consumption tax and the rates required to eliminate the total public debt in 10, 20, or 30 years; and (2) include an analysis of the feasibility of such a tax and a comparative analysis of the function and character of consumption taxes in other countries.

]]>

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 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.