Tantalizing though it may sound, Rep. Buddy Carter’s (R-Ga.) bill to replace the IRS and the nation’s present convoluted and complex income-tax system with a simple flat-consumption tax has no chance of seeing the light of day in the new Congress.
It was one concession that now-Speaker of the House Kevin McCarthy was more than happy to give to those blocking his campaign. Efforts in past decades to pass a similar bill have been ignored, with no committee even looking at it and never passing it on for a floor vote.