[groanup]

Please ping your lists.

[ancient_geezer]

"A hand from Washington will be stretched out and placed upon every man's business; the eye of the federal inspector will be in every man's counting house....The law will of necessity have inquisical features, it will provide penalties, it will create complicated machinery. Under it men will be hauled into courts distant from their homes. Heavy fines imposed by distant and unfamiliar tribunals will constantly menace the tax payer. An army of federal inspectors, spies, and detectives will descend upon the state."
-- Virginian House Speaker Richard E. Byrd, 1910, predicting the consequences of an income tax.

 

A Taxreform bump for you all.

If anyone would like to be added to this ping list let me know.

John Linder in the House(HR25) & Saxby Chambliss Senate(S25) offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright and replace them with with a national retail sales tax administered by the states.

H.R.25,S.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.

Refer for additional information:

• search: "national sales tax" OR "national retail sales tax" OR "fairtax"

[Blood of Tyrants]

There was never any doubt what the recommendtaions of this panel would be. This panel of "economic experts" comprised of former politicians, leftists economists, and even a former IRS political appointee.

[Judith Anne]

Real tax reform would not only get rid of the AMT, but also income, Social Security, Medicare and death taxes. Real tax reform would also kill off the Internal Revenue Service and save billions in tax compliance costs.

What is the yearly budget for the IRS and it's compliance arms?

It's about half a trillion, isn't it? About 500 billion?

Yearly?