Anonymous ID: 38d48b Jan. 18, 2019, 8:49 a.m. No.4805994   🗄️.is 🔗kun   >>6014 >>6150 >>6303 >>6367 >>6592

https://www.congress.gov/bill/116th-congress/house-bill/25

 

Shown Here:

Introduced in House (01/03/2019)

FairTax Act of 2019

 

This bill imposes a national sales tax on the use or consumption in the United States of taxable property or services in lieu of the current income taxes, payroll taxes, and estate and gift taxes. The rate of the sales tax will be 23% in 2021, with adjustments to the rate in subsequent years. There are exemptions from the tax for used and intangible property; for property or services purchased for business, export, or investment purposes; and for state government functions.

 

Under the bill, family members who are lawful U.S. residents receive a monthly sales tax rebate (Family Consumption Allowance) based upon criteria related to family size and poverty guidelines.

 

The states have the responsibility for administering, collecting, and remitting the sales tax to the Treasury.

 

Tax revenues are to be allocated among (1) the general revenue, (2) the old-age and survivors insurance trust fund, (3) the disability insurance trust fund, (4) the hospital insurance trust fund, and (5) the federal supplementary medical insurance trust fund.

 

No funding is authorized for the operations of the Internal Revenue Service after FY2023.

 

Finally, the bill terminates the national sales tax if the Sixteenth Amendment to the Constitution (authorizing an income tax) is not repealed within seven years after the enactment of this bill.

 

Cosponsor Date Cosponsored

Rep. Banks, Jim [R-IN-3]* 01/03/2019

Rep. Bilirakis, Gus M. [R-FL-12]* 01/03/2019

Rep. Bishop, Rob [R-UT-1]* 01/03/2019

Rep. Brooks, Mo [R-AL-5]* 01/03/2019

Rep. Carter, John R. [R-TX-31]* 01/03/2019

Rep. Chabot, Steve [R-OH-1]* 01/03/2019

Rep. Conaway, K. Michael [R-TX-11]* 01/03/2019

Rep. DesJarlais, Scott [R-TN-4]* 01/03/2019

Rep. Duncan, Jeff [R-SC-3]* 01/03/2019

Rep. Foxx, Virginia [R-NC-5]* 01/03/2019

Rep. Gaetz, Matt [R-FL-1]* 01/03/2019

Rep. Graves, Tom [R-GA-14]* 01/03/2019

Rep. Hice, Jody B. [R-GA-10]* 01/03/2019

Rep. King, Steve [R-IA-4]* 01/03/2019

Rep. Loudermilk, Barry [R-GA-11]* 01/03/2019

Rep. Lucas, Frank D. [R-OK-3]* 01/03/2019

Rep. Massie, Thomas [R-KY-4]* 01/03/2019

Rep. Mullin, Markwayne [R-OK-2]* 01/03/2019

Rep. Posey, Bill [R-FL-8]* 01/03/2019

Rep. Roe, David P. [R-TN-1]* 01/03/2019

Rep. Wittman, Robert J. [R-VA-1]* 01/03/2019

Rep. Yoho, Ted S. [R-FL-3]* 01/03/2019

Rep. Young, Don [R-AK-At Large]* 01/03/2019

Rep. Collins, Doug [R-GA-9]* 01/03/2019

Rep. Walberg, Tim [R-MI-7]* 01/03/2019

Rep. Davidson, Warren [R-OH-8] 01/09/2019

Rep. Carter, Earl L. "Buddy" [R-GA-1] 01/11/2019

 

PROBLEM?

NO TABLE?

ITS NOT ABOUT MUH RELIGION SO WHATS THE PROBLEM?