Categories: Politics

House Republicans to vote on bill abolishing IRS, eliminating income tax

FIRST ON FOX: Republicans in the House of Representatives will vote on a bill that would abolish 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 will be voting on Georgia Republican Rep. Buddy Carter’s reintroduced Fair Tax Act that aims to reel in the IRS and remove the national income tax, as well as other taxes, and replace them with a single consumption tax.

The vote on the bill was made as part of the deal between House Speaker Kevin McCarthy, R-Calif., and members of the House Freedom Caucus and was pushed forward in his quest for the gavel.

IRS TARGETED POOREST TAXYPAYERS WHILE MILLIONAIRES WENT MOSTLY UNSCATHED IN 2022: REPORT

Rep. Buddy Carter, R-Ga., reintroduced the Fair Tax Act as the GOP takes over the House of Representatives.

“Cosponsoring this Georgia-made legislation 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 exclusively obtained by Fox News Digital.

“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 continued.

“Armed, unelected bureaucrats should not have more power over your paycheck than you do,” he added.

“As a former small business owner, I understand the unnecessary burden our failing income tax system has on Americans. The Fair Tax Act eliminates the tax code, replaces the income tax with a sales tax, and abolishes the abusive Internal Revenue Service. If enacted, this will invigorate the American taxpayer and help more Americans achieve the American Dream,” Rep. Jeff Duncan, R-S.C., said.

Specifically, the bill gets rid of the national income tax and abolishes the IRS — which is slated to hire 87,000 new agents unless congressional Republicans can stop it — as well as implements a national sales tax.
(AP Photo/J. David Ake)

“I support the Fair Tax because it simplifies our tax code. This transforms the U.S. tax code from a mandatory, progressive, and convoluted system to a fully transparent and unbiased system which does away with the IRS as we know it. It is 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,” Rep. Bob Good, R-Va., said.

Specifically, the bill gets rid of the national personal and corporate income taxes and abolishes the IRS — which is slated to hire 87,000 new agents unless congressional Republicans can stop it — as well as implements a national sales tax.

Additionally, the bill gets rid of the death, gift, and payroll taxes, and would replace the current tax code with a national consumption tax.

The vote on the bill was made as part of the deal between House Speaker Kevin McCarthy, R-Calif., and members of the House Freedom Caucus and was pushed forward in his quest for the gavel.
(Nathan Posner/Anadolu Agency via Getty Images)

CLICK HERE TO GET THE FOX NEWS APP

Eleven co-signers signed onto the bill including Duncan, Good, Reps. Andrew Clyde, R-Ga.; Kat Cammack R-Fla.; and House Freedom Caucus chairman Scott Perry, R-Pa.

The bill illustrates the hardline stance House Republicans are taking with the Biden administration and their policies expanding the federal government, including new funding for 87,000 IRS positions.

Share

Recent Posts

Robinhood text scam warning: Do not call this number

Most scam texts are easy to spot, but this one feels different. At first glance,…

1 hour ago

Fox News AI Newsletter: Trump activates ‘tech force’

IN TODAY’S NEWSLETTER: - Inside Trump administration’s AI tech force designed to modernize government- Elon…

1 hour ago

How to safely view your bank and retirement accounts online

Logging into your bank, retirement or investment accounts is now part of everyday life. Still,…

20 hours ago

Warm-skinned AI robot with camera eyes is seriously creepy

Humanoid robots are no longer hiding in research labs somewhere. These days, they are stepping…

1 day ago

2026 Valentine’s romance scams and how to avoid them

Valentine's Day should be about connection. However, every February also becomes the busiest season of…

2 days ago

Roblox child safety warning after Nebraska kidnapping case

What starts as a game can quietly turn into something much more serious. Parents across…

2 days ago