During Monday’s breakfast speech for Martin Luther King Jr. Day hosted by Al Sharpton’s National Action Network, President Biden went off on Republicans who are trying to abolish the IRS; they are “fiscally demented,” Biden said.

“They want to raise taxes on the middle class by taxing thousands of everyday items from groceries, gasoline, clothing, and cutting taxes for the wealthiest, because they want to supplant the money lost from taxes on the millionaires and billionaires with a sales tax on virtually everything in the country,” he said.

The Fair Tax Act was introduced by Rep. Buddy Carter (R-GA) who pitched it as a way to ease the tax burden on Americans, Breitbart reports.

“Instead of adding 87,000 new agents to weaponize the IRS against small business owners and middle America, this bill will eliminate the need for the department entirely by simplifying the tax code with provisions that work for the American people and encourage growth and innovation,” Carter said in a statement.

“You know, all these new IRS agents we have is because they fired a lot of them, and a lot are retiring,” Biden said. “Let me be clear: If any of these bills happen to reach my desk, I will veto them,” he said. “Any of them.”

The bill won’t reach Biden’s desk as it’s unlikely to clear the Democrat-led Senate.

Biden made a similar veto promise last week:

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