FitnezzJim profile image 88

What do folks think of the proposal to abolish the IRS?


opencongress.org indicates that H.R.25 has been introduced to the House. It states "This bill would eliminate all federal income taxes, payroll taxes and the estate tax, and replace them with a federal sales tax of 23% on the use or consumption of all goods, properties and services. The Internal Revenue Service would be abolished and replaced by an Excise Tax Bureau and a Sales Tax Bureau in the Department of the Treasury. " Thoughts? Especially, what impact would this have on day-to-day life?

 

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