'Elimination of IRS' key to tax reform bill
Complete overhaul provides 'a lot to be excited about'

".......The one plan that already has been proposed, and is being supported by dozens of members of Congress, would be a radical move.

For one thing, and it’s good news for most Americans, the IRS would vanish.

As would payroll withholdings.

But the revenue would be replaced by a use tax – a national sales tax that would have every person in the U.S. pay a sales tax on purchases of new goods and services.

Necessities would be exempted through a “prebate” payment to families at the beginning of the month.

While there’s not enough support in Congress yet for it to be adopted, with a president like Trump in the White House, there are few who would say such things are impossible.

The plan calls for a 23 percent sales tax, but it would replace what even for lower income earners is a 15 percent income tax, plus the 7.65 percent payroll taxes that are collected currently.

Consumers would keep their paychecks and pay only when they buy.

One of the more attractive features, the FairTax supporters suggest, is the sudden and complete disappearance of the IRS.

Martin Wattenbarger, a spokesman for Rep. William Woodall, R-Ga., said the Fair Tax Act is in the pipeline. ....."

http://www.wnd.com/2017/03/elimination-of-irs-key-to-tax-reform-bill/#V86kMRlBUKvgM3Ib.99