Headlines

Democrats hammer GOP plan to impose national sales tax, abolish IRS

Share with:


Loading

Democrats hammer GOP plan to impose national sales tax, abolish IRS

Story by Amy B Wang • 8h ago

28272 Comments

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.

Turquoise Southwest Jewelry – Navajo Zuni Sterling Silver

Adjewelrynativeamerican.com

Turquoise Southwest Jewelry - Navajo Zuni Sterling Silver

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.

0

Continue reading

RM

Add a comment2


SPONSORED CONTENT

Shop Stetson® – Built To Last

Adstetson.com

Shop Stetson® - Built To Last

Electronic Toys That Will Keep Kids entertained for Hours

AdMicrosoft Ads

Electronic Toys That Will Keep Kids entertained for Hours

 AdChoices

MORE FROM THE WASHINGTON POST

Jabin Botsford/The Washington Post Rep. Ilhan Omar (D-Minn.) speaks with reporters after a news conference in response to House Speaker Kevin McCarthy's vow to block her from being a part the Intelligence Committee, on Capitol Hill on Wednesday.

McCarthy faces narrow path in trying to oust Omar from committee

Jonathan Newton/The Washington Post Maryland's Jahmir Young drives to the basket against Wisconsin's Chucky Hepburn during the second half of Wednesday's 73-55 Terps win at Xfinity Center. Young scored a game-high 22 points.

Maryland men tap into a winning formula and run away from Wisconsin

Cliff Owen/AP Jason S. Miyares, than candidate for Virginia attorney general, speaks in McLean in 2021.

Virginia attorney general accuses former parole chief of misconduct

Visit The Washington Post

 AdChoices

More for You

Turquoise Southwest Jewelry – Bracelets Rings Earrings

Adjewelrynativeamerican.com

Turquoise Southwest Jewelry - Bracelets Rings Earrings

Remove Moles or Skin Tags

AdBliss Skin

Remove Moles or Skin Tags

Heavy-Duty Strength – Dixie® Make It Right™

Addixie.com

Heavy-Duty Strength - Dixie® Make It Right™

Business Insider

Business Insider

Republicans’ plans to slash Social Security and Medicare are becoming clearer: ‘We have no choice but to make hard decisions’

1k

9k+

8k

Republicans' plans to slash Social Security and Medicare are becoming clearer: 'We have no choice but to make hard decisions'

Share with:


Verified by MonsterInsights