What is a Tax Bill?How is it passed in the parliament?what is the general process for a bill to be passed in the parliament?
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What is a Tax Bill?How is it passed in the parliament?what is the general process for a bill to be passed in the parliament?
We do not HAVE a parliament; we have houses of Congress.
A tax bill is a generic term applied to any law that seeks to change parts of our tax code. Since such a bill is financial in nature, it MUST originate in the House of Representatives, but eventually will be passed in BOTH the House of Representatives and the Senate.
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