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Chuck Schumer Says 'Crazy' Fair Tax Act Won't Pass As Long He's Majority Leader
Wednesday, January 25, 2023 - 11:20pm | 559Sen. Chuck Schumer, Majority Leader (D-NY) has termed the Fair Tax Act, which seeks to abolish the Internal Revenue Service, as the “craziest yet” and has asserted he would not allow it to pass as long as he is the Majority Leader. "This so-called 'Fair...
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House Speaker McCarthy Shoots Down Republican Bill To Abolish IRS, Eliminate US Income Tax
Wednesday, January 25, 2023 - 3:11pm | 402House Republicans will reportedly not get the chance to vote on the Fair Tax Act, a bill introduced by Rep. Earl L. “Buddy” Carter (R-GA) and intended to eliminate the Internal Revenue Service along with all personal and corporate income taxes, the death tax, gift taxes and payroll...
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Janet Yellen Says IRS 'Needs To Be Completely Redone' And It's A 'Big Task'
Sunday, January 22, 2023 - 8:52pm | 353U.S. Treasury Secretary Janet Yellen called the makeover of the Internal Revenue Service in the coming years one of her top priorities. What Happened: "That agency needs to be completely redone, and it’s a big task,” said Yellen, reported Reuters. The Treasury Secretary made the...
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No IRS, No Income Tax? House Republicans To Vote On Bill That Would Allow Americans To 'Keep Every Cent Of Their Hard-Earned Money'
Wednesday, January 11, 2023 - 8:15am | 437House Republicans are set to vote on the Fair Tax Act introduced by Rep. Earl L. “Buddy” Carter (R-GA) which seeks to eliminate all personal and corporate income taxes, the death tax, gift taxes, and the payroll tax while also eliminating the need for the...