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Corporate Tax Reduction Act


TexAgRepublican

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Senator Fitzgerald, for himself, submits

A BILL

To lower the corporate tax rate

SECTION 1. SHORT TITLE.

(a) This bill shall be cited as the Corporate Tax Reduction Act.

SEC. 2. ACTIONS.

(a) 26 U.S. Code § 11 (a) is amended to read as follows:

"(a) Corporations in general
A 15 percent tax is hereby imposed for each taxable year on the taxable income of every corporation."

(b) 26 U.S. Code § 11 (b) is stricken entirely.

SEC. 3. ENACTMENT.

(a) This bill shall be law immediately upon the passage of Congress and the signature of the President.

Former President Kyle Fitzgerald

Three-Time Republican Nominee

Nobel Peace Prize Winner

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