Nonpartisan civic infrastructure
AllCiv·Legis1
·

H.R. 4130

BillFederalHouseIn Committee
Share the Sacrifice Act of 2010
About This Bill
Committee
Latest Action · November 19, 2009
Referred to the House Committee on Ways and Means.
Congress
111th (2009–2011)
Introduced
November 19, 2009
Cosponsors (20)
20D 0R
View PDF ↗

Summary

Highlight any text to annotate
Share the Sacrifice Act of 2010 - Amends the Internal Revenue Code to impose a temporary income-based surtax beginning after 2010 on the net income tax liability of individual taxpayers, trusts, estates, and corporations to cover federal expenditures for the war in Afghanistan. Exempts members of the Armed Forces who have received combat zone compensation, family members of such members who received a death gratuity on or after September 11, 2001, and taxpayers whose adjusted gross income does not exceed $30,000. Authorizes the President to delay the implementation of such tax for up to one year if the President determines that the U.S. economy is too weak to absorb it.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.