House Republicans to vote on bill abolishing IRS, eliminating income tax
FIRST ON FOX: House Republicans will vote on a bill that would repeal the Internal Revenue Service (IRS), eliminate the national income tax and replace it with a national consumption tax .
Fox News Digital has learned that the House of Representatives will vote on Georgia Republican Buddy Carter’s Fair Tax Reinstatement Act, which aims to rein in the IRS and eliminate the national income tax, as well as other taxes, and replace them with a single consumption tax. .
The vote on the bill came as part of a deal between House Speaker Kevin McCarthy, R-Calif., and members of the House Freedom Caucus and moved forward in its quest for a filibuster.
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Rep. Buddy Carter, R-Ga., reintroduced the Fair Tax Act as the GOP takes over the House.
“Sponsoring this legislation from Georgia was my first act as a member of Congress and is, fittingly, the first bill I am introducing in the 118th Congress,” Carter said in a press release obtained exclusively by Fox News Digital.
“Instead of adding 87,000 new agents to arm 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. continued.
“Armed, unelected bureaucrats should have no more power over your paycheck than you do,” he added.
“As a former small business owner, I understand the unnecessary burden our failed income tax system places on Americans. The Fair Tax Act eliminates the tax code, replaces the income tax with a sales tax, and repeals the abusive Internal Revenue Service. If enacted, it will empower American taxpayers and help more Americans achieve the American Dream,” said Rep. Jeff Duncan, RS.C..
Specifically, the bill gets rid of the national income tax and abolishes the IRS — which is slated to hire 87,000 new agents if congressional Republicans can’t stop it — as well as implement a national sales tax. (AP Photo/J. David Ake)
“I support Fair Tax because it simplifies our tax code. It transforms the U.S. tax code from a mandatory, progressive, and complicated system to a completely transparent and unbiased system that gets rid of the IRS as we know it. It’s good for our economy because it encourages work, savings and investment. Thank you to my colleague Rep. Buddy Carter for leading this effort to simplify the system for American taxpayers,” said Rep. Bob Good, R-Va.
“I am very proud to once again co-sponsor the Fair Tax Act,” said Rep. Kat Cammack, R-Fla. “We’ve seen a continued escalation of the IRS and a continued punishment of hard-working Americans through the tax code. What we’re calling for is a simplified and fair code that works for everyone, not just a few.”
“I urge my colleagues to support this common-sense legislation that combats the weaponization of the IRS and stops punishing those who work hard to succeed,” she added.
Specifically, the bill gets rid of national personal and corporate income taxes and abolishes the IRS — which is slated to hire 87,000 new agents if congressional Republicans can’t stop it — as well as implement a national sales tax.
Additionally, the bill gets rid of death, gift and payroll taxes and would replace the current tax code with a national consumption tax.
The vote on the bill came as part of a deal between House Speaker Kevin McCarthy, R-Calif., and members of the House Freedom Caucus and moved forward in its quest for a filibuster. (Nathan Posner/Anadolu Agency via Getty Images)
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Eleven co-signers signed the bill, including Cammack, Duncan, Good, Rep. Andrew Clyde, R-Ga., and House Freedom Caucus Chairman Scott Perry, R-Pa.
The bill illustrates the hard line House Republicans are taking with the Biden administration and its policies that expand the federal government, including new funding for 87,000 IRS positions.
Houston Keene is a politics writer for Fox News Digital. Story tips can be sent to [email protected] and on Twitter: @HoustonKeene