Close Menu
  • Latest News
    • Market
    • Altcoins
    • Legal and Regulatory
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • NFTs
    • Gaming
  • Learn
    • Education
    • Investments
    • Staking
    • Wallets and Exchanges
  • ICOs
  • Mining
  • Crypto Tools
    • Exchange Tool
  • Shop
What's Hot

Hangyo Ice Creams Inaugurates State-of-the-Art Manufacturing Facility at Tirupati

June 5, 2026

XRP Ledger Emerges as Bank-Grade Powerhouse as Major European Bank Brings Euro Stablecoin On-Chain

June 5, 2026

U.S. job growth blows past forecasts, setting stage for Fed rate hikes

June 5, 2026
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
CryptoPulseDaily.com
  • Latest News
    • Market
    • Altcoins
    • Legal and Regulatory
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • NFTs
    • Gaming
  • Learn
    • Education
    • Investments
    • Staking
    • Wallets and Exchanges
  • ICOs
  • Mining
  • Crypto Tools
    • Exchange Tool
  • Shop
CryptoPulseDaily.com
Home»Legal and Regulatory»U.S presidential aspirant Ron DeSantis says he will eliminate the IRS and implement a flat tax system if elected
Legal and Regulatory

U.S presidential aspirant Ron DeSantis says he will eliminate the IRS and implement a flat tax system if elected

January 8, 2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Florida Governor Ron DeSantis has proposed a significant overhaul of the U.S. tax system. During a CNN town hall, DeSantis, a Republican presidential contender, expressed his desire to dismantle the Internal Revenue Service (IRS) and implement a flat tax system across the United States.

Tax reform at the forefront of the presidential campaign

DeSantis’s proposal includes replacing the current progressive tax structure with a uniform rate, simplifying the tax system for all U.S. residents. This plan, aiming to streamline tax collection, was shared with the audience and CNN’s Kaitlan Collins. The Florida Governor’s stance on tax reform is not a new development. He has been an advocate for a flat tax system for several years, having co-sponsored The Fair Tax Act in 2013, 2015, and 2017. This act proposed the elimination of several federal taxes and the IRS itself, though it failed to progress through legislative stages.

DeSantis in the 2024 presidential race

DeSantis’s position in the presidential race, as tracked by national polling, places him behind ex-President Donald Trump. According to fivethirtyeight.com, as of January 6, 2024, Trump leads with a 61.8% favorability rating, while DeSantis follows with 12.1%. This puts him slightly ahead of Nikki Haley, the former South Carolina Governor, who stands at 11.2%. Another presidential aspirant, Vivek Ramaswamy, has also expressed similar intentions to disband key U.S. agencies, including the IRS.

DeSantis’s proposed policy shift reflects a growing trend among some Republican presidential candidates to advocate for significant governmental changes. His focus on tax reform, particularly the elimination of the IRS and the adoption of a flat tax, marks a cornerstone of his presidential campaign. While the proposal has garnered attention, it also faces challenges, including legislative hurdles and varying public opinions.

See also  Majority of whistleblowing tips received by CFTC were about crypto

As the presidential race intensifies, DeSantis’s policy positions and the public response to them will be critical in shaping the political landscape. His advocacy for a flat tax system represents a significant departure from current U.S. tax policies and underscores the diverse range of viewpoints within the Republican party. As voters and political analysts continue to scrutinize candidates’ platforms, DeSantis’s tax reform proposal will likely remain a topic of discussion and debate in the lead-up to the 2024 presidential election.

Source link

aspirant DeSantis Elected eliminate Flat Implement IRS Presidential Ron System Tax U.S
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

U.S. job growth blows past forecasts, setting stage for Fed rate hikes

June 5, 2026

Crypto firms face July 1 EU cutoff as MiCA grace period ends

June 5, 2026

George Santos Referred to DOJ, CFTC Over State of the Union Kalshi Trades: Report

June 5, 2026

Clarity Act survival depends on the U.S. Senate getting a lot of non-crypto work done

June 5, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Bitcoin Miner Hive Bets Big on AI Boom With $30 Million Nvidia GPU Deployment in Quebec

December 26, 2024

ARK Invest amends Bitcoin spot ETF application in race for SEC approval

June 29, 2023

Learn How Crypto Prediction Markets Work — And Why They’re Exploding in 2026

January 8, 2026

Subscribe to Updates

Get the latest creative news From Crypto Daily Pulse directly in your Inbox!

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Crypto, ICOs, Web3, Blockchain and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Hangyo Ice Creams Inaugurates State-of-the-Art Manufacturing Facility at Tirupati

June 5, 2026

XRP Ledger Emerges as Bank-Grade Powerhouse as Major European Bank Brings Euro Stablecoin On-Chain

June 5, 2026

U.S. job growth blows past forecasts, setting stage for Fed rate hikes

June 5, 2026
Get Informed

Subscribe to Updates

Get the latest creative news From Crypto Daily Pulse directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2026 Crypto Pulse Daily - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

Cleantalk Pixel
  • bitcoinBitcoin(BTC)$62,173.00-1.59%
  • ethereumEthereum(ETH)$1,670.43-5.14%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$594.60-0.72%
  • usd-coinUSDC(USDC)$1.000.01%
  • rippleXRP(XRP)$1.13-3.61%
  • solanaSolana(SOL)$66.36-4.17%
  • tronTRON(TRX)$0.325871-0.90%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.021.81%
  • HyperliquidHyperliquid(HYPE)$62.51-5.64%