Phases-out the taxes levied on the income of individuals and estates and trusts over five years (OR DECREASE GF RV See Note)
Phases-out the taxes levied on the income of individuals and estates and trusts and reduces the amount of exemptions, deductions, and credits that may be claimed to reduce income tax liability (OR DECREASE GF RV See Note)
Repeals the individual income tax (OR DECREASE GF RV See Note)
Provides for a flat rate for purposes of calculating income tax for individuals, estates, and trusts, increases the standard deduction, and modifies or repeals certain income tax deductions and credits (Item #5 and 6) (RE1 DECREASE GF RV See Note)
Phases-out the the corporation income tax over five years (OR -$689,000,000 GF RV See Note)
Eliminates the inventory tax credit for corporations and reduces the corporate income tax rates. (1/1/24) (EG +$10,000,000 GF RV See Note)
Phases-out the corporation income and franchise taxes and reduces the amount of exemptions, deductions, and credits that may be claimed to reduce corporate income and franchise tax liability (OR -$644,000,000 RV See Note)
Provides for a flat rate for purposes of calculating the income tax for individuals, estates, and trusts (OR +$600,000,000 GF RV See Note)
Provides for a flat rate for purposes of calculating the income tax for individuals, estates, and trusts (OR +$7,000,000 GF RV See Note)
Provides for a flat rate for purposes of calculating income tax for individuals, estates, and trusts and modifies certain income tax deductions and credits (OR +$19,000,000 GF RV See Note)