House bill would eliminate federal income tax on first $35K of all Americans’ earnings
Posted in Main Blog (All Posts) on May 25th, 2010 4:42 am by HL
House bill would eliminate federal income tax on first $35K of all Americans’ earnings
Excerpt: A bill was introduced in the House last week that would eliminate the federal income tax on the first $35,000 of all Americans’ earnings. The bill proposes to compensate for the loss in revenue by cutting $159 billion in supplemental war funding. H.R. 5353, known as the War is Making You Poor Act, is sponsored by […]