Democrats hammer GOP plan to impose national sales tax, abolish IRS
Democrats hammer GOP plan to impose national sales tax, abolish IRS
Story by Amy B Wang • 8h ago
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Democrats are seizing on a Republican proposal to impose a national sales tax and abolish the Internal Revenue Service as a cudgel against the GOP, even though the bill has few fans even among Republican lawmakers.
Democrats hammer GOP plan to impose national sales tax, abolish IRS
The Fair Tax Act, sponsored by Rep. Earl L. “Buddy” Carter (R-Ga.) and introduced this month, would do away with income, payroll, estate and gift taxes, and instead impose a 23 percent national sales tax. It would also eliminate funding for the IRS after fiscal 2027.
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Carter told Fox Business on Tuesday that people would “much rather have a consumption tax” when given a choice.
“You would actually get to see … what you’re actually earning every week in your paycheck,” Rep. Andrew S. Clyde (R-Ga.), another supporter of the bill, said this month.
On Tuesday, House Speaker Kevin McCarthy (R-Calif.) appeared to respond to a question about whether he supported the Fair Tax Act by telling reporters, simply, “No.” Representatives for Carter and McCarthy did not respond to requests for comment Wednesday.
In an op-ed for the Atlantic this week, anti-tax conservative Grover Norquist criticized the reintroduction of the Fair Tax Act as “a free gift to Democrats” and warned the GOP against allowing a small minority of House Republicans to force a vote on it.
Norquist also expressed concern that such a national sales tax, and its accompanying monthly sales tax rebates for U.S. citizens, would essentially create a universal basic income.
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