Andrew Clyde: “I thank my dear friend and fellow Georgian, Congressman Buddy Carter, for yielding. Mr. Speaker, I am proud to be a…”

“I thank my dear friend and fellow Georgian, Congressman Buddy Carter, for yielding. Mr. Speaker, I am proud to be a staunch supporter and original cosponsor of Mr. Carter's FairTax Act, a commonsense piece of legislation designed to create a simplified and fair code that works for everyone. Most Americans would agree that tax season is stressful and at times intimidating. This is largely due to the fact that our Tax Code has become overwhelmingly complicated and the IRS is generally unavailable on the phone. In fact, over the past year, my Gainesville district office has processed nearly 200 casework issues involving the IRS, and with an IRS backlog of more than 2 million returns, I know this issue is felt by taxpayers across the country. While great reforms were made in President Trump's 2017 Tax Cuts and Jobs Act, I believe the next necessary step is to completely overhaul our overly complex Tax Code with the FairTax Act. The FairTax Act represents a long-term solution by repealing all Federal, corporate, and individual income taxes, payroll taxes, self-employment taxes, and death taxes, replacing our misguided system with the revenue-neutral personal consumption tax. Under the FairTax Act, Americans would be able to keep their entire paycheck and only pay taxes on the goods and services that they actually purchase. With no national income tax, there would be no need to file a tax return.…”