2023 Januar

Biden Administration Opposes House GOP Tax Bill, Vows to Veto

• The Biden Administration recently opposed House Republicans’ legislation, the “Family and Small Business Taxpayer Protection Act” (H.R. 25), which proposes the elimination of the IRS and the implementation of a “Fair Tax” and national consumption tax. • Speaker of the House, Kevin McCarthy, has requested Congress to reduce the funding granted to the Internal Revenue Service (IRS) […]