Brief⁽¹⁾

H.C.R. 5037 would memorialize Congress to enact legislation to sunset the IRS Code by December 31, 2000 and to develop and complete a replacement tax code for the American people. One provision of the resolution would express opposition to replacing the federal income tax with a national sales tax or "flat" income tax which could cause substantial shifting of the income tax burden to the average American citizen.

Background

The House Committee amended the bill to express opposition to a national sales tax and flat income tax which would cause substantial shifts in the tax burden relative to current law.

1. *Supplemental notes are prepared by the Legislative Research Department and do not express legislative intent. The supplemental note and fiscal note for this bill may be accessed on the Internet at http://www.ink.org/public/legislative/fulltext-bill.html.