The End Of The IRS As We Know It?

Is it time to say goodbye to income taxes and the IRS? House Republicans introduced the FairTax Act of 2023 in January, and if it passed, a national consumption tax would have replaced the current tax system.
In this BetterWealth reaction, Caleb reviews a part of a video by Andrei Jikh, that outlines exactly what the FairTax Act is proposing and explains the national consumption tax.
Caleb gives his assessment and expertise on the topic and whether he thinks this new tax system has any shot of passing into law.

Original video - https://youtu.be/jxEF7njtTgE?feature=shared

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*This video is for entertainment purposes only and is not financial or legal advice.

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