What we recommend is to pull the IRS and the income tax out by its roots, to get rid of the whole mess, to throw away the inheritance and gift taxes along with it, and substitute a simple national retail sales tax at the end of every purchase, providing a complete rebate to incomes under the poverty level, so that no one is hurt under poverty, and providing the same treatment for home ownership the current code does to encourage families to own their homes and build their families here in America.
William Tauzin: “What we recommend is to pull the IRS and the income tax out by its roots, to get rid of the whole mess, to throw away…”
Editor's note · Context
Discussing proposals for tax reform and the potential implementation of a national sales tax.
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