FORSYTH COUNTY — Rob Woodall wasted little time bringing a Fair Tax Bill before the U.S. House of Representatives. And HB25, the Fair Tax Act of 2015, already has a record number of sponsors.
“We introduced it on the first day of Congress, because we’re just so excited about it we want to make sure it’s in the mix,” said Woodall, who represents District 7 that includes south Forsyth.
“I’ve been in Congress now four years. And every time we introduce it, we introduce it with more people than have ever been on it at the beginning of a [session] before.”
Woodall said the bill would abolish income and payroll taxes and have government rely instead on sales tax.
“This is a bill that every economist from the left to the right that has looked at it said that it’s going to grow the economy faster than current tax system,” Woodall said. “It does that by ending the income tax, which punishes people for how successful they are, and switches to a sales tax based on what they spend.”
The bill was introduced with 57 sponsors. It has since added another and likely will gain at least three more this week.
“We right now have more support as a fundamental tax reform bill than any other tax reform bill in Congress, and we’re the only ones that try to go after that real middle class-killing tax of the payroll tax … the largest tax that Americans pay,” Woodall said.
The bill has as co-signers eight of Georgia’s 10 Republican representatives. A version of it has been introduced by the District 7 representative — Woodall and predecessor John Linder — seven times since 2003.
“The fair tax is just so strong in Georgia,” Woodall said. “It’s hard to run for a federal office [here] without taking an opinion on [it], that’s how passionate voters are … If every state had voters like Georgia has, we’d have the Fair Tax passed tomorrow.”
The bill has gone to the Committee on Ways and Means.
“[That] committee is the committee that handles tax bills in this Congress,” Woodall said. “There are four [committee] members on this bill already as co-sponsors. That’s almost unheard of.”