June 17, 1998(Key vote)
Title: Tax Code Termination bill
Vote Smart's Synopsis:
Vote to pass a bill requiring Congress to approve of a new Federal tax system by July 4, 2002.
Prohibits the Federal Government from imposing taxes using the Internal Revenue Code of 1986 after December 31, 2002, except in certain cases.
States that any new Federal tax system should be simple and fair.
Suggests the new tax system should: apply a low rate, provide tax relief to working Americans, reduce tax collection abuses, eliminate bias against savings and investment, promote economic growth and job creation, and should not penalize families.