Rep. Buddy Carter looks to abolish IRS, tax code with ‘Fair Tax Act’

Rep. Buddy Carter, R-Ga., joins “The Hill on NewsNation” to discuss President Trump’s latest economic proposals, including the creation of a new federal agency called the External Revenue Service to collect tariffs. This initiative comes as Trump holds back on officially imposing new tariffs but continues to push for a comprehensive overhaul of the U.S. tax and revenue system. Carter has introduced the “Fair Tax Act,” a bill aimed at abolishing the IRS and rewriting the current U.S. tax code.