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

Jito faces $59M TVL shrink – Is JTO’s rebound still possible?

July 29, 2026

Escaping Jack Dorsey’s BTC miners cost $41.9 million

July 29, 2026

Kenya Cuts Stablecoin Capital Rule 40% to $2.32M as Global Issuers Weigh Entry

July 29, 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  Former Copper Exec Takes on UK Crypto Rules With New Startup

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

Kenya Cuts Stablecoin Capital Rule 40% to $2.32M as Global Issuers Weigh Entry

July 29, 2026

Why Brazil’s Booming Crypto Market Needs Urgent Oversight

July 29, 2026

Kalshi loses emergency injunction bid in federal court

July 29, 2026

Bank of Russia Governor Defends Controversial New Crypto Purchasing Caps

July 28, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Lithuania to establish strict licensing regime for crypto firms by 2025

April 4, 2024

Biden campaign adviser Keisha Lance Bottoms calls crypto bipartisan issue

June 28, 2024

3 Signs That Will Tell You When Bitcoin Is About to Top

February 18, 2024

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

Jito faces $59M TVL shrink – Is JTO’s rebound still possible?

July 29, 2026

Escaping Jack Dorsey’s BTC miners cost $41.9 million

July 29, 2026

Kenya Cuts Stablecoin Capital Rule 40% to $2.32M as Global Issuers Weigh Entry

July 29, 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)$64,346.001.40%
  • ethereumEthereum(ETH)$1,915.391.70%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$571.091.00%
  • usd-coinUSDC(USDC)$1.000.00%
  • rippleXRP(XRP)$1.093.00%
  • solanaSolana(SOL)$73.900.80%
  • tronTRON(TRX)$0.3258810.20%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.00-3.00%
  • whitebitWhiteBIT Coin(WBT)$56.271.50%