HR 185

112th CONGRESS
1st Session

H. R. 185

To amend the Internal Revenue Code of 1986 to permanently reduce individual income tax rates.

IN THE HOUSE OF REPRESENTATIVES

January 5, 2011

Mr. WILSON of South Carolina introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to permanently reduce individual income tax rates.

SECTION 1. SHORT TITLE.

SEC. 2. 2003 TAX REDUCTIONS MADE PERMANENT.

SEC. 3. FIVE-PERCENT REDUCTION IN INDIVIDUAL INCOME TAX RATES.

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`Otherwise applicable tax rate Reduced percentage 
                                   10                       9.5 
                                   15                     14.25 
                                   25                     23.75 
                                   28                      26.6 
                                   33                     31.35 
                                   35                     33.25 
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