WASHINGTON, D.C. – Rep. Earl L. “Buddy” Carter (R-GA) today introduced H.R. 25, the Fair Tax Act, a bill to replace the current tax code with a national consumption tax known as the Fair Tax.

The Fair Tax would repeal the current tax code and replace it with a single national consumption tax. In addition to eliminating all personal and corporate income taxes, the death tax, gift taxes, and the payroll tax, the Fair Tax would also eliminate the need for the Internal Revenue Service.

“The Fair Tax is exactly that – fair.

https://buddycarter.house.gov/news/documentsingle.aspx?DocumentID=15327