Federal Tax Withholding Act of 2005

Federal Tax Withholding Act of 2005 - Amend the Internal Revenue Code to repeal withholding of tax requirements for income, railroad retirement, and social security taxes. Requires estimated tax payments for social security and railroad retirement taxes.

[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3409 Introduced in House (IH)]







109th CONGRESS
  1st Session
                                H. R. 3409

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


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                    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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

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

SEC. 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Code of 1986 are hereby repealed: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.
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