House Budget Committee member Rep. Buddy Carter, R‑Ga., discusses his Fair Tax Act and responds to Biden claiming Republicans want to end Social Security and Medicare on ‘The Big Money Show.’ The IRS will not tax general welfare and disaster relief payments issued by states, including California’s Middle Class Tax Refund and Colorado’s Cash Back program. Seventeen states issued rebates in 2022 to help residents cope with the ongoing coronavirus pandemic. “The IRS has determined that in the interest of sound tax administration and other factors, taxpayers in many states will not need to report these payments on their 2022 tax returns,” the service said in a press release.Six states issued tax …