Expressing support for the designation of April 16, 2024, as "FairTax Day".

Bill: 118-hres-1150
Sponsor: full_name: Rep. Carter, Earl L. "Buddy" [R-GA-1]
Introduced: 2024-04-16
Policy area: Taxation
Latest action: action_date: 2024-04-16
text: Referred to the House Committee on Oversight and Accountability.

Summaries:
action_date: 2024-04-16
action_desc: Introduced in House
text: <p>This resolution supports the designation of Fair Tax Day.&nbsp; &nbsp;</p>

tv_txt: IV 118th CONGRESS 2d Session H. RES. 1150 IN THE HOUSE OF REPRESENTATIVES April 16, 2024 Mr. Carter of Georgia (for himself and Mr. Clyde ) submitted the following resolution; which was referred to the Committee on Oversight and Accountability RESOLUTION Expressing support for the designation of April 16, 2024, as FairTax Day .

Whereas the current United States tax code is over 7,000 pages; Whereas Americans will spend over 6,000,000,000 hours working on filing their taxes this year; Whereas the FairTax would repeal the current tax code and replace it with a single national consumption tax that is progrowth and allows Americans to keep every cent of their hard-earned money; Whereas the FairTax allows Americans to keep 100 percent of their hard-earned paycheck and ends the Internal Revenue Service headache; Whereas a family of four could spend $30,000 annually without paying a penny in taxes; Whereas, in addition to eliminating all personal and corporate income taxes, the death tax, gift taxes, and the payroll tax, the FairTax would also eliminate the need for the Internal Revenue Service; and Whereas the FairTax is the only tax system that is simple, efficient, friendly to economic growth, nondiscriminatory, unintrusive, and FAIR: Now, therefore, be it

That the House of Representatives supports the designation of FairTax Day .