Roger
on January 13, 2023
10 views
///@epochtimes: The Republican-led House of Representatives will soon vote on legislation to abolish the IRS and replace the income tax code with a national consumption tax.⁠
Rep. Buddy Carter (R-Ga.) will introduce the Fair Tax Act (pdf) on Wednesday, a bill that would eliminate income, death, gift, and payroll taxes and replace the system with a national sales tax, a plan that proponents say would simplify the tax code and ends the need for the IRS.⁠
“Instead of adding 87,000 new agents to weaponize the IRS against small business owners and middle America, this bill will eliminate the need for the department entirely by simplifying the tax code with provisions that work for the American people and encourage growth and innovation,” Carter said in a statement on Tuesday. “Armed, unelected bureaucrats should not have more power over your paycheck than you do.”⁠
Carter had initially submitted the bill in January 2021, but it did not go anywhere. The original co-sponsors included several other GOP Congressmen, including Reps. Andrew Clyde (R-Ga), Jeff Duncan (R-S.C.), Thomas Massie (R-Ky.), and Gary Palmer (R-Ala.)...⁠
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I'd agree with it as long as food isn't subject to more than 3%
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January 13, 2023
Roger
Roger replied - 1 reply
Mike Shaw
Jobama will veto it.
January 13, 2023