'This tax simplification plan is sounding too complicated for me,' writes columnist Clarence Page.
House Minority Leader Hakeem Jeffries, left, and Senate Majority Leader Chuck Schumer arrive at a news conference at the U.S. Capitol on Jan. 25, 2023, to talk about the Republican bill called the Fair Tax Act.
The proposed federal measure, a radical product of the GOP’s right-wing Freedom Caucus, would abolish the Internal Revenue Service, do away with income, payroll, estate and gift taxes and replace the income tax with a 30% national sales tax.Wow. Are you as gobsmacked by that 30% figure as I am? Rep. Earl “Buddy” Carter, the Georgia Republican who introduced the bill, argues on his website that the 30% is really more like 23%, since the tax is included in the purchase price.
Democratic leaders mocked McCarthy’s apparent cave-in to Trump-aligned MAGA Republicans with various concessions in exchange for their votes. The result is such sights as McCarthy campaigning through 15 feverish rounds of voting and deal-making to cobble together enough votes to become speaker, during which he promised Republicans that he would hold a hearing on the national sales tax measure, among other promises. More recently, he appears to be backpedaling away from it.
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