Rep. Barry Moore released a statement after co-sponsoring The Fair Tax Act, introduced by Rep. Buddy Carter. This legislation eliminates the tax code, replaces the income tax with a sales tax, and abolishes the abusive Internal Revenue Service (IRS).
“Instead of hiring 87,000 IRS agents to take more money from the wallets of hard-working Americans, the new House Republican majority believes in simplifying our tax code,” said Moore. “The current tax code is four times as long as the Bible but contains none of the good news. The Fair Tax is the gold standard for tax law and would turn a convoluted, abusive, and biased system into a straightforward code that works for every American.”
According to Moore’s press release, the Fair Tax Act would:
- Eliminate all personal and corporate income taxes
- Eliminate the death tax,
- Eliminate gift taxes and payroll taxes
- Repeal the current tax code and replace it with a single national consumption tax
- Abolish the Internal Revenue Service (IRS)
- “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,” said Rep. Carter. “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. Armed, unelected bureaucrats should not have more power over your paycheck than you do.”
Rep. Gary Palmer is also one of the co-sponsors for the bill.
