economy

March 13, 2026

2 bills would erase income taxes for many Americans. Here's what to know.

March 13, 2026 / 10:57 AM EDT / CBS News

2 bills would erase income taxes for many Americans. Here's what to know.

TL;DR

  • Two bills have been introduced that propose eliminating income taxes for many Americans.
  • The details and potential impacts of these proposals are being examined.
  • This could lead to a significant change in the tax system for numerous households.

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