A sign is displayed outside the Internal Revenue Service building May 4, 2021, in Washington. (AP Photo/Patrick Semansky, File)
A bill that would try to abolish the Internal Revenue Service (IRS) and eliminate federal income tax was reintroduced on Tuesday by Georgia Republican Rep. Buddy Carter.
A vote on the bill, labeled the Fair Tax Act, was part of a deal that was negotiated between the House Freedom Caucus and Speaker Kevin McCarthy during his quest for the speakership.
The Act “will eliminate the need for the IRS by simplifying our tax code with provisions that work for the American people,” Carter said on Twitter.
The current federal income tax scheme would be replaced with a single nationwide consumption tax. The Office of Management and Budget criticized the bill and said it would only benefit certain taxpayers.
“With their first economic legislation of the new Congress, House Republicans are making clear that their top economic priority is to allow the rich and multi-billion dollar corporations to skip out on their taxes, while making life harder for ordinary, middle-class families that pay the taxes they owe,” the Office of Management and Budget said in a statement.
The vote comes after House Republicans passed a bill Monday evening that would prevent plans to fund 87,000 new IRS agents, originally included in the Inflation Reduction Act that Democrats passed last year.
A date has not been set for the vote on the Fair Tax Act. However, both bills are unlikely to pass in the Democratic-controlled Senate.
Lawyers for former President Donald Trump are asking a judge to postpone his criminal trial without setting a new date as he stands accused of illegally hoarding classified documents at his Florida estate.
A court-appointed monitor is urging a judge to begin contempt proceedings against New York City over conditions at the troubled Rikers Island jail complex, setting the stage for a potential federal takeover of the jail system in the nation’s most populous city.
Kansas must stop allowing transgender people to change the sex listed on their driver’s licenses, a state-court judge ordered Monday as part of a lawsuit filed by the state’s Republican attorney general.
President Joe Biden and King Charles III, two leaders who waited decades to reach the pinnacle of their careers, used their first meeting in those roles Monday to zero in on the generational challenge of climate change, prodding private companies to do more to bolster clean energy in developing countries.
Former New Jersey Gov. and current Republican presidential candidate Chris Christie took aim at Donald Trump, calling him a "three-time loser." He also criticized the probe against Hunter Biden and gave his stance on Social Security.
