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HR 2992 100th Congress House Taxation Economics and Public Finance Federal budgets Federal receipts and expenditures Government publicity Government records, documents, and information Income tax Information services Tax returns

Taxpayers' Right to Know Act

Introduced: July 22, 1987 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 22, 1987
Referred to House Committee on Ways and Means.
Jul 22, 1987
Introduced in House
 Plain-English summary Congressional Research Service

Taxpayers' Right to Know Act - Amends the Internal Revenue Code to require the Secretary of the Treasury to include on the first page of instruction booklets for filing individual income tax returns a pie-shaped graph depicting the relative sizes of the following categories of Federal outlay for the immediately preceding fiscal year: (1) defense, veterans, and foreign affairs; (2) Social Security, medicare, and other retirement; (3) physical, human, and community development; (4) social programs; (5) law enforcement and general government; and (6) interest on the debt.

Requires a corresponding pie-shaped graph illustrating income from: (1) Social Security, medicare, unemployment, and other retirement taxes; (2) personal income taxes; (3) corporate income taxes; (4) borrowing to cover the deficit; and (5) excise, customs, estate, gift, and miscellaneous taxes.

Requires specified footnotes to the graph depicting major outlay categories.

What's happening now July 22, 1987

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2