A Personal ArchiveThe Ishmael Record

Back to the Record
Tax & Fiscal Policy

Federal Lawmakers to Consider (Longshot) Income Tax Repeal Bill

By Patrick Ishmael Filed January 30, 2023 Source Show-Me Institute

It's tax season—that magical time of the year when we revisit our past year of income and find out whether we owe the government more money, or whether we overpaid and are owed a refund. Fun times. But if some members of the U.S. House of Representatives have their way, your income tax calculations will get way easier—because the income tax wouldn't exist:

Republicans in the House of Representatives will vote on a bill that would abolish the Internal Revenue Service (IRS), eliminate the national income tax and replace it with a national consumption tax.

Fox News Digital has learned that the House will be voting on Georgia Republican Rep. Buddy Carter's reintroduced Fair Tax Act that aims to reel in the IRS and remove the national income tax, as well as other taxes, and replace them with a single consumption tax.

The vote on the bill was made as part of the deal between House Speaker Kevin McCarthy, R-Calif., and members of the House Freedom Caucus and was pushed forward in his quest for the gavel last week.

Am I saying there's a chance?! No, not really. The Senate and the president will almost certainly reject abolishing the income tax, and it's not entirely clear that even the House has the votes to pass it through the chamber. Then there's the sticky issue of repealing the 16th Amendment, which enabled the national income tax; if this law were to pass, you'd need to repeal the amendment so that we won't someday end up with both a sales tax and a renewed income tax! Details, details.

But is a national move away from the income tax the right idea? Undoubtedly. Income taxes are destructive to growth at all levels of government, and as Institute analysts press for the elimination of Missouri's income taxes, our federal counterparts should consider similar tax reductions and reform. Whether this latest effort is the best approach or even has a snowball's chance of success remains to be seen, but I'm glad the conversation is at least being had. It's overdue.

View the original at Show-Me Institute →

Source & Reproduction Notice

As confirmed against the Show-Me Institute's website on August 15, 2026, the Institute's stated policy permits reprinting of its published articles and commentary provided the original author receives credit. Letting the Institute know about a reprint is appreciated but is not a condition of use.

This entry was archived under that permission as it stood on the date above. If the Institute's policy changes after that date, it does not apply retroactively to entries already reproduced here under the terms in effect at the time — this is a record of the grant as confirmed, not a live status check.

The original remains hosted at the Institute's own site — use the link below for the canonical version, current formatting, and any images.