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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