I obviously think it would be a good idea, and I bet the majority of Americans agree. The Fair Tax Act of 2003 got a fairly good reception from the people who heard of it, and maybe the time is now ripe to actually get it passed. Eliminating our income tax structure would be a bold move, just the sort of fundamental reform that could launch America (and President Bush's popularity) into the stratosphere.
A domestic centerpiece of the Bush/GOP agenda for a second Bush term is getting rid of the Internal Revenue Service, the DRUDGE REPORT has learned.Iraq has a flat tax system, as do many of Eastern Europe's fastest growing economies. I say it's time for America to join them in the 21st century.
The Speaker of the House will push for replacing the nation's current tax system with a national sales tax or a value added tax, Hill sources tell DRUDGE. ...
“If you own property, stock, or, say, one hundred acres of farmland and tax time is approaching, you don’t want to make a mistake, so you’re almost obliged to go to a certified public accountant, tax preparer, or tax attorney to help you file a correct return. That costs a lot of money. Now multiply the amount you have to pay by the total number of people who are in the same boat. You can’t. No one can because precise numbers don’t exist. But we can stipulate that we’re talking about a huge amount. Now consider that a flat tax, national sales tax, or VAT would not only eliminate the need to do this, it could also eliminate the Internal Revenue Service (IRS) itself and make the process of paying taxes much easier."