Individual Tax Freedom Act of 2004

Bill: 108-hr-4168
Sponsor: Rep. Tauzin, W. J. (Billy) [R-LA-3]
Introduced: 2004-04-02 in the House
Policy area: Taxation
Subjects: Accounting
Administrative fees
Administrative procedure
Administrative remedies
Affiliated corporations
Annuities
Authorization
Business records
Capital gains tax
Commerce
Congress
Congressional voting
Copyright
Cost of living adjustments
Crime and Law Enforcement
Debt
Defined benefit pension plans
Department of Health and Human Services
Department of the Treasury
Dividends
Economics and Public Finance
Education
Elementary and secondary education
Employee training
Estate tax
Evidence (Law)
Excise tax
Executive reorganization
Exports
Families
Federal employees
Federal-state relations
Fees
Finance and Financial Sector
Financial services
Financial statements
Fines (Penalties)
Foreign Trade and International Finance
Gambling
Garnishment
Gift tax
Government Operations and Politics
Government attorneys
Government corporations
Government paperwork
Government publicity
Governmental investigations
Grievance procedures
Higher education
Home ownership
House rules and procedure
Housing and Community Development
Imports
Income tax
Injunctions
Insurance
Insurance premiums
Intellectual property
Interest
Interest rates
Intergovernmental fiscal relations
Intergovernmental tax relations
Internal Revenue Service (IRS)
Interstate compacts
Interstate relations
Inventories
Investments
Judicial review
Jurisdiction
Labor and Employment
Law
Leases
Legal fees
Legislation
Legislative amendments
Legislative resolutions
Loan defaults
Local employees
Motor vehicles
Nonprofit organizations
Old age, survivors and disability insurance
Property tax
Regulatory impact statements
Rent
Research and development
Retail trade
Sales tax
Science, Technology, Communications
Self-employed
Senate rules and procedure
Small business
Social Welfare
Social security numbers
Social security taxes
Sports and Recreation
State employees
Students
Subpoena
Tariff
Tax administration
Tax auditing
Tax courts
Tax credits
Tax deductions
Tax exemption
Tax liens
Tax penalties
Tax preferences
Tax rates
Tax rebates
Tax refunds
Tax returns
Tax-exempt organizations
Taxpayers
Telephone
Trademarks
Transportation and Public Works
Vending machines
Wages
Withholding tax

Summary:
action_date: 2004-04-02
text: 
Individual Tax Freedom Act of 2004 - Amends the Internal Revenue Code to repeal the income tax, estate and gift taxes, certain excise taxes, and certain tax administration provisions of the Internal Revenue Code of 1986 (effective in 2006). 
Imposes a national sales tax (effective in 2006) equal to 15 percent of the gross payments for the use, consumption or enjoyment in the United States of any taxable property or service, whether produced or rendered within or without the United States. Allows certain exemptions from such tax, including exemptions for property or services purchased for a business purpose in an active trade or business or for export for use or consumption outside the United States. Sets forth provisions for the administration and collection of the tax and for credits and refunds. 
Allows for: (1) installment payments of tax resulting from the purchase of a principal residence; (2) a sales tax rebate for certain low-income families; and (3) compensating payments to certain persons on fixed incomes. 
Grants States the authority to administer and collect the sales tax and to remit tax proceeds to the Treasury. 
Prohibits the funding of the Internal Revenue Service after FY 2007. Establishes in the Department of Treasury: (1) an Excise Tax Bureau to administer any excise taxes not repealed by this Act; and (2) a Sales Tax Bureau to administer the national sales tax established by this Act. 
Directs the Social Security Administration to collect and administer employment and self-employment payroll taxes. 
Requires a two-thirds vote of the Members of the House of Representatives or the Senate to consider any legislation that raises any Federal sales tax rate or results in a reduction in Federal revenues.

Legislative actions:
action_date: 2004-04-02
text: Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-04-02
text: Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-04-02
text: Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-04-02
text: Introduced in House
action_date: 2004-04-02
text: Introduced in House