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H.R. 9075 (119th Congress)Committee
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Tax the Grift Act

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Summary

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This bill amends the Internal Revenue Code to impose a 100 percent tax on payments received from settlement funds established through civil actions filed by the President against the Internal Revenue Service. The tax would apply to any taxpayer receiving such settlement payments, and the payments would be excluded from gross income for purposes of calculating other income taxes. The bill would take effect for amounts received after its enactment.

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