When a supporter asked President Bush about scrapping the current tax code and replacing it with a national sales tax, he replied favorably: "I'm not exactly sure how big the national sales tax is going to have to be, but it's the kind of interesting idea that we ought to explore seriously."
Since then, White House spokesmen have not ruled out the idea. Nor have they ruled out that Bush may announce a big new initiative on the tax system at the Republican convention.
Scrap the tax code? Bush floats a national sales tax.
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A serious effort to abolish the IRS & institute a Fair Tax Act, would get my vote.
A national consumption tax would cost the average American 23% on every purchase (except food?).