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Taxpayer Choice Act |
| Taxation in the United States |
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 This article is part of a series on |
| Federal taxation |
| Authority · History Internal Revenue Service Court • Forms • Code • Revenue |
| Income tax · Payroll tax Alternative Minimum Tax Estate tax · Excise tax · Gift tax Corporate tax · Capital gains tax |
| State & local taxation |
| State income tax · State tax levels Sales tax · Use tax · Property tax |
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Federal tax reform
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| Tax protester arguments: Constitutional · 16th Amendment Statutory · Conspiracy |
The Taxpayer Choice Act (H.R. 3818/S. 2416) is a bill in the United States Congress which, if enacted, would amend the Internal Revenue Code to eliminate the alternative minimum tax on individual taxpayers. The legislation would create an alternative, simplified tax that individuals may choose over the current personal income tax. The new system would have two tax rates (10% and 25%), a large standard deduction with no special deductions,1 and is argued to greatly reduce the damage and complexity caused by the current income tax.2 The bill would also make permanent the capital gains and dividends rate reductions enacted by the Jobs and Growth Tax Relief Reconciliation Act. In the House, the bill was introduced by Rep. Paul Ryan (R-WI), ranking member on the House Budget Committee, and has 83 cosponsors.3 The bill was introduced in the Senate by Jim Demint. The plan has been supported by FreedomWorks, former House Majority Leader Dick Armey, and former 2008 presidential candidate Fred Thompson.45
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