To amend the Internal Revenue Code of 1986 to allow individuals a refundable credit against income tax for Social Security taxes paid on up to $25,000 of wages.
Last action on Nov 14, 2002Referred to the House Committee on Ways and Means.
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Summary
Amends the Internal Revenue Code to allow an individual a refundable tax credit (up to $1,550) annually for social security taxes.
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