H.R. 3409

Federal Tax Withholding Act of 2005

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I

109th CONGRESS

1st Session

H. R. 3409

IN THE HOUSE OF REPRESENTATIVES

July 22, 2005

Mr. Hostettler (for himself, Mr. Burton of Indiana, Mrs. Cubin, Mr. Cannon, Mr. Tancredo, Mr. Pence, Mr. Flake, Mr. Bartlett of Maryland, Mr. Wilson of South Carolina, Mrs. Jo Ann Davis of Virginia, and Mr. Garrett of New Jersey) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to repeal the withholding of income and social security taxes.

1.

Short title

This Act may be cited as the Federal Tax Withholding Act of 2005.

2.

Repeal of withholding of income and social security taxes

(a)

In general

The following sections of the Internal Revenue Code of 1986 are hereby repealed:

(1)

Section 3102 (relating to deduction of social security tax from wages).

(2)

Section 3202 (relating to deduction of railroad retirement tax from compensation).

(3)

Chapter 24 (relating to income tax withholding).

(b)

Requirement of estimated tax payments for employee social security taxes

Subsection (f) of section 6654 of such Code is amended by striking minus at the end of paragraph (2) and inserting plus, by redesignating paragraph (3) as paragraph (4), and by inserting after paragraph (2) the following new paragraph:

(3)

the taxes imposed by section 3101(a) and 3201(a), minus

.

(c)

Effective date

The amendments made by this section shall apply to amounts paid after the date of the enactment of this Act.