NASHVILLE, Tenn. – State Rep. Jake McCalmon, R-Franklin, has introduced legislation urging the United States to replace the income tax system with a national consumption tax. House Joint Resolution 17 urges the United States Congress to pass the Fair Tax Act of 2023, which would eliminate the personal income tax, alternative minimum tax, inheritance tax, […]
NASHVILLE, Tenn. – State Rep. Jake McCalmon, R-Franklin, has introduced legislation urging the United States to replace the income tax system with a national consumption tax.
House Joint Resolution 17 urges the United States Congress to pass the Fair Tax Act of 2023, which would eliminate the personal income tax, alternative minimum tax, inheritance tax, capital gains tax, corporate income tax, self-employment tax, gift tax, and payroll tax in favor of a single national retail sales tax.
“Americans are taxed exorbitantly through a code that is difficult to understand and not supported by the people,” McCalmon said. “Tennessee has no state income tax, enabling residents to prosper by keeping more of their hard-earned money. The Fair Tax Act will simplify the federal tax code and abolish the Internal Revenue Service, which will further empower all Tennesseans to achieve the American dream. I urge Congress to work with President Trump to eliminate the income tax to make our nation more prosperous.”
House Joint Resolution 17 advocates for the repeal of the 16th Amendment to the United States Constitution, which authorizes Congress to collect income taxes on the American people.
The Fair Tax Act would establish a 23% national sales tax while offering American households a monthly prebate based on federal poverty levels to purchase necessary goods like food, shelter and medicine.
Voters in the Volunteer State in 2014 approved a constitutional amendment to prohibit Tennessee from ever imposing a state income tax. Tennessee is among the lowest-taxed states in the nation and holds the highest bond rating issued by all three of the nation’s credit agencies.
State Rep. Jake McCalmon represents House District 63, which includes part of Williamson County. He is vice chair of the Calendar and Rules Committee and also serves on the State and Local Government Committee, Transportation Committee, Public Service Committee and Transportation Subcommittee.