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House Republicans to Vote on Bill to Abolish IRS

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Posted By: Dreadnought, 1/10/2023 3:06:33 PM

House Republicans are set to vote on a bill that would abolish the Internal Revenue Service (IRS) and introduce a national-consumption tax to replace the existing federal income-tax scheme. House speaker Kevin McCarthy agreed to put the Fair Tax Act on the floor as one of a number of concessions he made to House Freedom Caucus members last week in a bid to secure the speakership. The bill was introduced by Representative Buddy Carter (R., Ga.) on Wednesday and has also received the support of Republican representatives Scott Perry of Pennsylvania, Bob Good of Virginia, and Ralph Norman of South Carolina.

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Reply 1 - Posted by: SweetPea3 1/10/2023 3:23:27 PM (No. 1375269)
Wimpy, wampy, wompy, nothing will come of this.
11 people like this.

Reply 2 - Posted by: EJKrausJr 1/10/2023 3:26:40 PM (No. 1375271)
The bills that go nowhere. The Republican House is shooting its wad for show. The bills are dead on arrival. How smart is McCarthy? Dumber than a box of Arizona 19 inch ballots.
12 people like this.

Reply 3 - Posted by: Fosterdad 1/10/2023 3:33:34 PM (No. 1375275)
If you abolish the IRS but impose a national sales tax, who collects the money?
4 people like this.

Reply 4 - Posted by: GustoGrabber 1/10/2023 3:59:06 PM (No. 1375287)
9 9 9 WASN'T SO BAD
1 person likes this.

Reply 5 - Posted by: minuteman 1/10/2023 4:06:28 PM (No. 1375291)
Good! It will not pass the Senate but slavery was not abolished in a day and this needs to be repeatedly brought up until the IRS is just a horrid memory. Think William Wilberforce.
15 people like this.

Reply 6 - Posted by: Calvinesq 1/10/2023 4:12:06 PM (No. 1375294)
It's the thought that counts.
1 person likes this.

Reply 7 - Posted by: chumley 1/10/2023 4:12:40 PM (No. 1375295)
I could be on board with it depending how much the consumption tax is and how hard it is to raise. Details. I'd rather have them pass legislation that will likely fail than sit around doing nothing like the turtle saying "the votes arent there."
11 people like this.

Reply 8 - Posted by: Kate318 1/10/2023 4:34:09 PM (No. 1375308)
Fail or succeed, at least it’s a bill the majority of the American people can get behind. Good for them.
19 people like this.

Reply 9 - Posted by: Dodge Boy 1/10/2023 4:45:19 PM (No. 1375314)
Sounds good, House pubbies. So, you think Turtle, the senate circus, and vegetable will go for it?
4 people like this.

Reply 10 - Posted by: watashiyo 1/10/2023 5:00:25 PM (No. 1375323)
Stop funding the IRS and choke them into non-existence.
16 people like this.

Reply 11 - Posted by: marbles 1/10/2023 5:02:51 PM (No. 1375325)
A national sales tax, no thanks. Those that can least afford it would be the most affected.
3 people like this.

Reply 12 - Posted by: GoodDeal 1/10/2023 5:08:31 PM (No. 1375328)
Not gonna happen.
1 person likes this.

Reply 13 - Posted by: whyyeseyec 1/10/2023 5:10:42 PM (No. 1375331)
As long as the 16th Amendment remains in place, a consumption tax is just another tax in addition to an income tax. McCarthy is already playing games. Why not propose the 28th Amendment abolishing the 16th Amendment and thus the income tax?
13 people like this.

Reply 14 - Posted by: bpl40 1/10/2023 5:25:35 PM (No. 1375334)
A flat tax is better and manageable on all fronts. A $9000 exemption per person and 17% on incremental ordinary income and inflation adjusted capital gains will be tax neutral and fairer.
4 people like this.

Reply 15 - Posted by: Safari Man 1/10/2023 5:43:48 PM (No. 1375343)
Purely symbolic, but at least be smart about it. A flat income tax per Steve Forbes is more fair. I don’t have income, I live off my savings. All that has been taxed already. Now it’s going to be taxed again?
4 people like this.

Reply 16 - Posted by: Thos Weatherby 1/10/2023 5:55:10 PM (No. 1375349)
Out of all of them the Fair Tax is the best. It would be exactly like a sales tax. You pay it, when you purchase, and you don't need to send in an IRS form. If you don't spend any money, you do not pay a tax. Those who buy those expensive yachts, will pay a large tax. No more Income tax. Simplify your life and no more IRS audits.
7 people like this.

Reply 17 - Posted by: marbles 1/10/2023 6:14:37 PM (No. 1375354)
# 16 Thems that have know how to avoid sales tax. And never forget, cash is king.
0 people like this.

Reply 18 - Posted by: DVC 1/10/2023 7:22:42 PM (No. 1375395)
A fun exercise when you are certain it means NOTHING at all.
1 person likes this.

Reply 19 - Posted by: hershey 1/10/2023 9:23:34 PM (No. 1375464)
Tax Form: 2023 What you made: ______ x 10% = ______ Pay line 2 to the IRS.
0 people like this.

Reply 20 - Posted by: DiegoDude 1/10/2023 9:30:22 PM (No. 1375469)
How about abolishing the DOJ, FBI?
0 people like this.

Reply 21 - Posted by: Miss T 1/11/2023 12:38:19 AM (No. 1375539)
Since following the Fair Tax news for years, I have often thought that the idea was just too common-sense to ever get a fair hearing in Congress. If you read their website, they propose that retailers collect the tax and that the feds pay the retailers a commission for collecting the tax. Certain essentials like food and medication would be exempt from the tax. The Fair Tax would capture revenue from people who are not now paying federal tax at all. I'd save roughly forty hours per year by not having to prepare the return and file it.
2 people like this.

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