Why Did the Republicans Wait Until Nancy Pelosi Was Speaker of the House?

Text: H.R.25 — 116th Congress (2019-2020)

TITLE I—REPEAL OF THE INCOME TAX, PAYROLL TAXES, AND ESTATE AND GIFT TAXES

SEC. 101. INCOME TAXES REPEALED.

Subtitle A of the Internal Revenue Code of 1986 (relating to income taxes and self-employment taxes) is repealed.SEC. 102. PAYROLL TAXES REPEALED.

(a) In General.—Subtitle C of the Internal Revenue Code of 1986 (relating to payroll taxes and withholding of income taxes) is repealed.

(b) Funding Of Social Security.—For funding of the Social Security Trust Funds from general revenue, see section 201 of the Social Security Act (42 U.S.C. 401).SEC. 103. ESTATE AND GIFT TAXES REPEALED.

Subtitle B of the Internal Revenue Code of 1986 (relating to estate and gift taxes) is repealed.SEC. 104. CONFORMING AMENDMENTS; EFFECTIVE DATE.

(a) Conforming Amendments.—The Internal Revenue Code of 1986 is amended—

(1) by striking subtitle H (relating to financing of Presidential election campaigns); and

(2) by redesignating—

(A) subtitle D (relating to miscellaneous excise taxes) as subtitle B;

(B) subtitle E (relating to alcohol, tobacco, and certain other excise taxes) as subtitle C;

(C) subtitle F (relating to procedure and administration) as subtitle D;

(D) subtitle G (relating to the Joint Committee on Taxation) as subtitle E;

(E) subtitle I (relating to the Trust Fund Code) as subtitle F;

(F) subtitle J (relating to coal industry health benefits) as subtitle G; and

(G) subtitle K (relating to group health plan portability, access, and renewability requirements) as subtitle H.

(b) Redesignation Of 1986 Code.—

(1) IN GENERAL.—The Internal Revenue Code of 1986 enacted on October 22, 1986, as heretofore, hereby, or hereafter amended, may be cited as the Internal Revenue Code of 2019.

(2) REFERENCES IN LAWS, ETC.—Except when inappropriate, any reference in any law, Executive order, or other document—

(A) to the Internal Revenue Code of 1986 shall include a reference to the Internal Revenue Code of 2019; and

(B) to the Internal Revenue Code of 2019 shall include a reference to the provisions of law formerly known as the Internal Revenue Code of 1986.

(c) Additional Amendments.—For additional conforming amendments, see section 202 of this Act.

(d) Effective Date.—Except as otherwise provided in this Act, the amendments made by this Act shall take effect on January 1, 2021.

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8 Responses to Why Did the Republicans Wait Until Nancy Pelosi Was Speaker of the House?

  1. Norseman says:

    It reads a lot like the fair tax

  2. Hans says:

    They waited so they could pander to people who vote “R”, in their false belief that “R” still stands for the party of small government and the individual, without risk that the bill would pass.

    They waited so they could “shed tears of genuine distress” in public while they continue to collaborate on the progressive agenda of collectivism behind closed doors.

    Pay no attention to the man behind the curtain …

  3. Rick F says:

    theater…

  4. magrit11 says:

    For the same reason they did not repeal ACA, and everything else they promised

  5. 173dVietVet says:

    Will Rogers, American comedic observer of our culture in the 1930’s said it correctly:

    “There isn’t a dime’s worth of difference between the Republicans and the Democrats.”

  6. Norseman says:

    They introduced it now for the same reason the dems just introduced a ban all semiautomatic 10rd box magazine fed collapsible stock weapons. Knowing full well that it can’t pass but it will please their base supporters. And hopefully motivate enough folks to vote them full control. Just so the big ole game can keep going round and round.
    Perhaps instead of rearm limits we should impose death penalties on anyone who takes a office it would really slow down their approach on our liberties.

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