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Market
Which party will most support the FairTax Act of 2025 in Congress?
2
Resolution / Starting Odds
Republican Party • 25%
Democratic Party • 25%
Both Equally • 25%
Neither • 25%
Congressional voting records and public endorsements
Story
Congressman Buddy Carter's FairTax Act of 2025 Proposes Abolishing IRS, Implementing 23% National Sales Tax
Jan 12, 2025, 10:28 PM
U.S. Congressman Buddy Carter has introduced H.R.25, the FairTax Act of 2025, aimed at abolishing the Internal Revenue Service (IRS) and repealing income, payroll, estate, and gift taxes. The proposed legislation would replace these taxes with a 23% national sales tax, which would be administered by individual states. This move is intended to promote freedom, fairness, and economic opportunity by eliminating federal taxation departments.
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Similar markets
Democratic Party • 25%
Republican Party • 25%
Independent • 25%
Other • 25%
Democrats • 25%
No Significant Change • 25%
Republicans • 25%
Independents • 25%
Democrat • 25%
No significant opposition • 25%
Independent • 25%
Republican • 25%
Republican Party • 25%
Both equally • 25%
Neither • 25%
Democratic Party • 25%
Democrats • 25%
Opposition from both parties • 25%
Bipartisan support • 25%
Republicans • 25%
Democratic Party • 33%
Republican Party • 33%
Neither • 34%
Republicans • 33%
Equal support • 34%
Democrats • 33%
Republicans • 33%
Democrats • 33%
Bipartisan support • 33%