Statue Of Liberty

 

Bob Johnson for Congress - Let's Try FREEDOM!

Abolish the IRS, replace the income tax, social ‘security’ taxes and Medicare taxes and replace them with a National Sales Tax

Taxes on income from work or business activity discourage work and business activity. Taxes on interest, dividends and capital gains discourage savings. Are we surprised that we have a pathetic savings rate and record bankruptcies, VISA card debt, etc., when we tax work and saving rather than consumption? Abolishing the IRS will also stop the 1040 loopholes for the wealthy since it's somewhat harder to hide consumption and thus evade taxes.

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