Tax Relief

MYTH: The FairTax rate is really 30 percent not 23 percent. Our current income tax is expressed as an inclusive rate. When directly comparing the FairTax to our current income tax, the FairTax rate is 23 percent. Under the FairTax, if you pay $100 for a good, you pay $77 for the good and an inclusive $23 tax. If you take the $23 as a percentage of the $100 tendered, the tax rate… Read more »

WASHINGTON, D.C. – Rep. Earl L. “Buddy” Carter (R-GA) today introduced H.R. 25, the Fair Tax Act, to replace the current tax code with a national consumption tax known as the Fair Tax. “Cosponsoring this Georgia-made legislation was my first act as a Member of Congress and is, fittingly, the first bill I am introducing in the 118th Congress,” said Rep. Buddy Carter. “Instead of adding… Read more »

WASHINGTON, D.C. – The State of Georgia is officially on a gas tax holiday. Rep. Earl L. “Buddy” Carter (R-GA) applauded Governor Brian Kemp’s signing of legislation that places a temporary freeze on Georgia’s state gas tax to combat rising prices at the pump. “Our state leaders are mending the holes the Biden Administration burned in Georgian’s wallets. Gas prices are simply… Read more »

WASHINGTON, D.C. - Rep. Earl L. "Buddy" Carter (R-GA) joined 11 cosponsors, including co-leads Congressmen Bruce Westerman (R-AR) and Fred Keller (R-PA), in introducing the IRS PRIORITIES Act to address the Internal Revenue Service's (IRS) overwhelming backlog of more than 8 million unprocessed individual tax returns. The bill prohibits the IRS from hiring additional tax… Read more »

Congressman Earl L. "Buddy" Carter (R-Ga.) voted today to make the individual and small business tax cuts in the Tax Cuts and Jobs Act, which was signed into law last year, permanent. The nonpartisan Tax Foundation estimates this move to make the individual income tax provisions included in the new tax law permanent would create 1.5 million jobs and raise long run GDP by… Read more »

Congressman Earl L. "Buddy" Carter (R-Ga.) released the following message on Tax Day 2018 - the last time Americans will file taxes under the old, burdensome tax code before the Tax Cuts and Jobs Act is fully implemented.  Click here to view Carter's Tax Day message. Full… Read more »

Congressman Earl L. "Buddy" Carter (R-Ga.) released the following video today after discussing the benefits of federal tax reform for a local Savannah business, Nine Line Apparel.  Click here to view Carter's visit and tax reform discussion at Nine Line Apparel "I recently traveled the… Read more »

Congressman Earl L. "Buddy" Carter (R-Ga.) met with employees at Lee Container in Homerville this week to discuss the benefits of tax reform for businesses in the First District of Georgia.  Rep. Carter discussing tax reform with the president of Lee Container,Robert Varnedoe Speaking during the visit about the… Read more »

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) confirmed today that hardworking Americans will receive bigger paychecks due to the Tax Cuts and Jobs Act.  The IRS released new withholding guidelines today for employers to implement the Tax Cuts and Jobs Act. According to the Treasury, "with this guidance, most American workers will begin to… Read more »

Congressman Earl L. "Buddy" Carter (R-Ga.) today praised the conferenced version of the Tax Cuts and Jobs Act which maintains the Federal Historic Preservation Tax Incentives program. Carter fought to protect these historic tax credits in the final agreement.  "As soon as I heard these historic tax credits were on the line, I went straight to the chairman of the House… Read more »