WASHINGTON, D.C. – Rep. Earl L. “Buddy” Carter (R-GA) introduced the Disaster Reforestation Act, a bill to help working forests recover from a natural disaster by amending the tax code to recognize the value of destroyed timber.
The current tax code disadvantages forest landowners by restricting their ability to claim loss from destroyed timber, harming their ability to reforest… Read more »
WASHINGTON, D.C. – Rep. Earl L. “Buddy” Carter (R-GA) today introduced H.R. 25, the Fair Tax Act, a bill to replace the current tax code with a national consumption tax known as the Fair Tax.
The Fair Tax would repeal the current tax code and replace it with a single national consumption tax. In addition to eliminating all personal and corporate income taxes, the death tax,… Read more »
WASHINGTON, D.C. – Reps. Earl L. “Buddy” Carter (R-GA) and Andrew Clyde (R-GA) today introduced a resolution declaring April 16th, the day after Tax Day, as FairTax Day.
H.R. 25, the FairTax Act, is a bill that would replace the current tax code with a national consumption tax, eliminating both the Internal Revenue Service (IRS) and Tax Day. By establishing a national FairTax Day, to… Read more »
HENDERSONVILLE, TN - Rep. Earl L. "Buddy" Carter (R-GA) last week sat down with former Governor of Arkansas Mike Huckabee, host of The Mike Huckabee Show on TBN, to discuss H.R. 25, the FairTax, which will eliminate the IRS and federal payroll and income taxes in favor of a simple, efficient consumption tax. This will allow Americans to keep the entirety of their hard-earned… Read more »
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 »
