Montana senator Jon Tester says he will defeat the GOP's 'awful plan' for a national sales tax [View all]
One of the first bills floated by the new House GOP majority aims to get rid of the income tax and swap in a national consumption tax instead. It's a proposal that's attracted ridicule from President Joe Biden, and is highly unlikely to ever move forward.
Senator Jon Tester, a Democrat from Montana, particularly wants to make sure it never happens.
"Montana has no sales tax and we don't need the federal government imposing one on us," Tester wrote in a Thursday tweet. "House Republicans' plan to tack a 30% national sales tax on every good from gas to groceries would skyrocket costs for Montana's working families. I will defeat this awful plan."
Under Georgia Rep. Buddy Carter's Fair Tax Act, the income tax, alongside the payroll tax and estate tax, would be replaced by a 23% consumption tax on gross payments — and the IRS would be abolished.
https://www.msn.com/en-us/money/taxes/montana-senator-jon-tester-says-he-will-defeat-the-gop-s-awful-plan-for-a-national-sales-tax/ar-AA16zl9A
I heard it was 30%. Either way it's a dumb idea.
https://democraticunderground.com/100217571579
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