H.Res. 1150 — Introduced in House

IV 118th CONGRESS 2d Session H. RES. 1150 IN THE HOUSE OF REPRESENTATIVES April 16, 2024Mr. 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.