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Cryptocurrencies: 26307
Markets: 103788
Market Cap: $3,243,668,241,616     
24h Vol: $147,397,847,100
Bitcoin.com 2023-01-13 15:00:12

Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS

Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS
Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would challenge the funding granted to the U.S. tax agency in the previous year. Biden Administration Opposes Bill for Rescinding Funding for
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