H.R. 3601, The Cost of Government Awareness Act of 2007

• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Version saved on October 16, 2007, 18:35:45, by webmaster:

H.R. 3601 would restore to taxpayers awareness of the true cost of government by eliminating the withholding of income taxes by employers and requiring individuals to pay income taxes in monthly installments.

Detailed Summary

Cost of Government Awareness Act of 2007 - Amends the Internal Revenue Code to: (1) repeal withholding of income tax from wages after December 31, 2007; and (2) require individual taxpayers to make monthly installment payments of income tax.

Status of the Legislation

Latest Major Action: 9/19/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.

Points in Favor

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Points Against

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