NAN A. S. HAYWORTH: “That is what we want to work to change. We need to change drastically and, yes, even work to repeal this death tax. We…”

“That is what we want to work to change. We need to change drastically and, yes, even work to repeal this death tax. We need to work to change the system of taxation where people are penalized for succeeding in our economy. We need to hold hearings, as we will, to take a look at alternative notions to the income tax. Our majority leader, the gentleman from Texas [Mr. Armey] champions the flat tax. Our chairman of the Committee on Ways and Means, the gentleman from Texas [Mr. Archer] champions the notion of a consumption tax, most often reflected in a national retail sales tax. What is very important for us, both in the Committee on Ways and Means and as a Congress, and indeed as a country, is to examine very carefully all the implications, the benefits, the challenges of these different alternatives and then move forward, once we achieve a consensus, to have that type of tax reform that will indeed end the IRS as we know it.”