The one Republican tax plan that Democrats can’t wait to oppose
Taxes,IRS,Republican Party,House Republicans,Kevin McCarthy
There’s still some mystery surrounding House Speaker Kevin McCarthy and his private deals with his own members. We know the California Republican reached some striking agreements with many of his far-right members in order to get his gavel, but the details are unfolding slowly.
Take, for example, an upcoming vote on a so-called “fair tax.” Semafor reported this week:
As part of his deal to become House speaker, Kevin McCarthy reportedly promised his party’s conservative hardliners a vote on legislation that would scrap the entire American tax code and replace it with a jumbo-sized national sales tax. The assurance got relatively little attention at the time, drowned out by the many other concessions McCarthy made to win his gavel. But with Democrats already attacking the proposal, some conservatives see it as a political headache in the making.
For those unfamiliar with the idea, the tax proposal is a doozy, even by GOP standards. The plan, championed by Republican Rep. Buddy Carter of Georgia, calls for scrapping effectively all federal taxes — income taxes, corporate taxes, Social Security payroll taxes, estate taxes, et al. — and permanently shuttering the Internal Revenue Services.
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