Sec. 8066. Repeal of deadwood provisions relating to employment taxes
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/bill/113/hr/1/ih/section-8066A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subsection
(a)of section 3101 is amended by striking the following percentages and all that follows and inserting 6.2 percent of the wages (as defined in section 3121(a)) received by him with respect to employment (as defined in section 3121(b)). . Subsection
(a)of section 3111 is amended by striking the following percentages and all that follows and inserting 6.2 percent of the wages (as defined in section 3121(a)) paid by him with respect to employment (as defined in section 3121(b)). Subsection
(b)of section 3111 is amended by striking the following percentages and all that follows and inserting 1.45 percent of the wages (as defined in section 3121(a)) paid by him with respect to employment (as defined in section 3121(b)). Section 3111 is amended by striking subsection
(d)and redesignating subsection
(e)as subsection (d). Subsection
(b)of section 3201 is amended to read as follows: In addition to other taxes, there is hereby imposed on the income of each employee a tax equal to the percentage determined under section 3241 for any calendar year of the compensation received during such calendar year by such employee for services rendered by such employee. . Subsection
(b)of section 3211 is amended to read as follows: In addition to other taxes, there is hereby imposed on the income of each employee representative a tax equal to the percentage determined under section 3241 for any calendar year of the compensation received during such calendar year by such employee representative for services rendered by such employee representative. . Subsection
(b)of section 3221 is amended to read as follows: In addition to other taxes, there is hereby imposed on the income of each employer a tax equal to the percentage determined under section 3241 for any calendar year of the compensation paid during such calendar year by such employer for services rendered for such employer. . Section 3221 is amended by striking subsection
(d)and redesignating subsection
(e)as subsection (d). Subsection
(b)of section 3231 is amended by is amended by striking ; except and all that follows and inserting a period. Section 3121(b) is amended by striking paragraph (17). Section 210(a) of the Social Security Act is amended by striking paragraph (17). Paragraph
(4)of section 3302(f) is amended— by striking subsection— and all that follows through
(A)in general—The and inserting subsection, the , by striking subparagraph (B), by redesignating clauses
(i)and(ii) as subparagraphs
(A)and (B), respectively, and by moving the text of such subparagraphs (as so redesignated) 2 ems to the left. Paragraph
(5)of section 3302(f) is amended by striking subparagraph
(D)and by redesignating subparagraph
(E)as subparagraph (D). Section 3510(b) is amended by striking paragraph (4).