House GOP seeks to abolish IRS, replace income tax with consumption tax
By Pete Kasperowicz – 01/04/13 03:34 PM ET
Fifty-four House Republicans on Thursday reintroduced legislation that would terminate the IRS and replace the system of income taxes on people and corporations with a consumption tax.
The FairTax Act, from Rep. Rob Woodall (R-Ga.), would abolish the 16th Amendment, which was ratified 100 years ago this February. That amendment gives Congress the power to impose income taxes without having to spend the revenues evenly among the states.
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Reblogged this on PUMABydesign001's Blog and commented:
Will we ever see that day that the IRS is abolished and the income tax replaced? Are politicians serious? I suspect that since they love spending so much that they would prefer to keep it complicated and a mess (especially Progressives).
Bob,
It has been a busy week for me since everyone around me has the flu. Please allow me to take this moment and wish you and yours a belated Happy New Year. I apologize for the oversight.
D.
P.S. I absolutely despise the IRS.
Here too, went with my daughter, granddaughter and my son to see her oldest son in Potsdam. Soooo cold and so much snow. Happy belated New Year to you and yours.
Bob A.