House Republicans will now vote on ABOLISHING the IRS and federal income tax trends now
House Republicans will now vote on ABOLISHING the IRS and replacing a national income tax with a consumption tax - after voting to strip agency of Biden-backed $72 billion in funds for 87,000 new staff
Georgia Republican Rep. Buddy Carter will bring forth the Fair Tax Act that he says would remove the need for an IRS entirely by simplifying the tax code It would replace the national corporate and personal income tax and other taxes with a single consumption tax The bill comes on the heels of a vote Monday night to claw back $72 billion of some $80 billion in additional funding Democrats gave to the IRS By Morgan Phillips, U.S. Political Reporter For Dailymail.Com
Published: 19:04 GMT, 10 January 2023 | Updated: 20:00 GMT, 10 January 2023
The Republican-led House will vote on a bill to repeal the federal income tax and abolish the IRS altogether this Congress.
Georgia Republican Rep. Buddy Carter will bring forth the Fair Tax Act that he says would remove the need for an IRS entirely by simplifying the tax code. It would replace the national corporate and personal income tax and other taxes with a single consumption tax.
The bill also gets rid of the death, gift and payroll taxes.
It further calls for repealing the 16th Amendment - which gives Congress the right to lay and collect taxes on incomes.
A vote on the bill, which has 30 co-sponsors, was promised as part of a deal to get Kevin McCarthy the Speaker's gavel last week. It's not yet clear when the legislation will come to the House floor.
Georgia Republican Rep. Buddy Carter will bring forth the Fair Tax Act that he says would remove the need for an IRS entirely by simplifying the tax code
The bill comes
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