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H.R.172 / 103rd Congress

To amend the Internal Revenue Code of 1986 to restore the deduction for two-earner married couples.

Referred to the House Committee on Ways and Means.

Official summary

Version 00 · Introduced in House · Jan 5, 1993

Amends the Internal Revenue Code to allow a tax deduction for ten percent of the lesser of: (1) $30,000; or (2) the qualified earned income of the spouse with the lower qualified earned income. Provides for a phase-out of such deduction for adjusted gross income that exceeds $75,000. Provides a formula for determining qualified earned income. Disallows such deduction if either spouse claims tax exclusions for: (1) citizens or residents of the United States living abroad; or (2) income from sources within Guam, American Samoa, or the Northern Mariana Islands. Allows such deduction in computing adjusted gross income. Provides for the treatment of such deduction under rules for social security and tier 1 railroad retirement benefits.

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Who introduced it

Rep. Duncan, John J., Jr. [R-TN-2] · R–TN

Committees

  • Ways and Means Committee
0 cosponsorship records, including any withdrawals

    Actions

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    1. Referred to the House Committee on Ways and Means.

    2. Introduced in House

    3. Introduced in House

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    Related bills identified by Congress.gov

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    Source last updated: Jan 2, 2025. Consult Congress.gov for the current record.

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