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

Trump has Christmas message to ‘Radical Left Lunatics,’ tells inmates Biden granted clemency to ‘GO TO HELL!’

President-elect Trump dished out a fiery Christmas message on Wednesday in which he wished a…

1 hour ago

JonBenet Ramsey’s father plans ‘important meeting’ with Boulder police chief, DNA lab rep

close Video JonBenet Ramsey's father plans to meet with Boulder police to discuss DNA testing…

3 hours ago

Defiant victims who turned the tables on attackers in 2024

close Video Dashcam video shows truck driver shooting at another on highway Virginia truck driver…

3 hours ago

Most disastrous freak accidents of 2024: 7 times everyday fun turned fatal

close Video Skydiver plunges to death after both parachutes fail, dramatic video shows Terrifying video…

3 hours ago

Oregon AG creates sanctuary ‘toolkit’ ahead of likely Trump-Homan illegal immigration crackdown

Oregon’s top law enforcement officer rolled out what she called bilingual "Sanctuary Promise Community Toolkit"…

3 hours ago

Vance is the likely 2028 frontrunner, but these Republicans may also run for president

With former president and now President-elect Trump term-limited and constitutionally unable to run again for…

3 hours ago