H.R.6169 - Pathway to Job Creation through a Simpler, Fairer Tax Code Act of 2012

To provide for expedited consideration of a bill providing for comprehensive tax reform. view all titles (4)

All Bill Titles

  • Official: To provide for expedited consideration of a bill providing for comprehensive tax reform. as introduced.
  • Short: Pathway to Job Creation through a Simpler, Fairer Tax Code Act of 2012 as introduced.
  • Short: Pathway to Job Creation through a Simpler, Fairer Tax Code Act of 2012 as reported to house.
  • Short: Pathway to Job Creation through a Simpler, Fairer Tax Code Act of 2012 as passed house.

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Introduced
 
House
Passed
 
Senate
Passes
 
President
Signs
 

 
07/23/12
 
08/02/12
 
 
 
 
 

Sponsor

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Latest Vote

Result: Passed - August 02, 2012

Roll call number 552 in the House

Question: On Passage: H R 6169 To provide for expedited consideration of a bill providing for comprehensive tax reform

 

Official Summary

8/2/2012--Passed House without amendment. (This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.) Pathway to Job Creation through a Simpler, Fairer Tax Code Act of 2012 - States that the purpose of this Act is to pro

Official Summary

8/2/2012--Passed House without amendment. (This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.) Pathway to Job Creation through a Simpler, Fairer Tax Code Act of 2012 - States that the purpose of this Act is to provide for the enactment of comprehensive tax reform in 2013 that:
(1) protects taxpayers by creating a fairer, simpler, flatter tax code;
(2) is comprehensive;
(3) results in tax revenue consistent with historical norms;
(4) spurs greater investment, innovation and job creation; and
(5) makes American workers and businesses more competitive. Defines a "tax reform bill" for purposes of this Act as a bill to be introduced by the chair of the House Committee on Ways and Means not later than April 30, 2013, that is certified by the chair of the Joint Committee on Taxation as containing proposals to:
(1) consolidate the 6 current individual income tax brackets into a maximum of 2 brackets (of 10% and not higher than 25%),
(2) reduce the corporate income tax rate to not more than 25%,
(3) repeal the alternative minimum tax (AMT),
(4) broaden the tax base so that tax revenues comprise between 18% and 19% of Gross Domestic Product (GDP), and
(5) reform the current system of foreign taxation. Provides for the expedited consideration of such bill in the House of Representatives and the Senate.

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Organizations Supporting H.R.6169

  • Americans for Tax Reform
  • Cost of Goverment Center
  • National Small Business Association
  • Small Business & Entrepreneurship Council
  • Taxpayer Protection Alliance

Organizations Opposing H.R.6169

  • National Women's Law Center
  • US Chamber of Commerce


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