House GOP seeks to abolish IRS, replace income tax with consumption tax

Will never happen. A 23% consumption tax would encourage people to spend less, and that is the last thing they want.

OH , I so fucking wish this would happen. Their would be no such thing as not paying taxes for illegals then !!!!

Really, there's a moment of sanity in DC? I'm sure the measure will fail. Too many people love the warfare state and too many people love the welfare state. Our budget deficits will soar. Would be nice if we had a lot less government, though, with this 23% consumption tax in lieu of the current tax structure. People would get to keep a lot more of their own money, it would encourage people to save, and nobody could bitch about loopholes/deductions. It is the only way to guarantee that the rich, corporations and illegals are paying taxes.

This legislation would have many excellent effects:

As other posters have stated, those who are currently avoiding taxation would

finally be paying their fair share.

More recycling and less wastefulness would result, which would conserve energy

and provide jobs for those who could refurbish previously owned goods.

Those who are currently carrying the full burden of taxation would have

less tax to pay.

This new system would provide predictability and remove uncertainty which

would encourage businesses to expand since they would know better how to

plan. Businesses and the stockmarket hate uncertainty.

Makes too much since...Sadly, it will die on the floor.

The Cynic/Realist in me would be inclined to concur with you .

Use federal reserve notes and incur an Irrecusable obligation. The puzzle is complete!!!
A Banksters defeatism (realization of defeat) nightmare, Being forced to Return to Real Money=United States Note=Lawful Money, Use the Remedy within the Federal Reserve Act. Redeemed 12USC411, Refusal Penalty 12USC501a [link to savingtosuitorsclub.net] Stop being a Slave!!!!!! This is Tax Free Money!!!!!! [link to stormthunder.com]
Convincing Congress to Abolish the Fed [link to www.silverbearcafe.com]
Irrecusable obligation, which according to 'Bouvier's Law Dictionary' (1914 ed.), is "a term used to indicate a certain class of contractual obligations recognized by the law which are imposed upon a person without his consent and without regard to any act of his own." This is distinguished from a recusable obligation, which according to Bouvier, arises from a voluntary act by which one incurs the obligation imposed by the operation of law. The Income Tax succinctly described is an irrecusable obligation.
The obligation to make a return of income for using private credit is recognized in law as an irrecusable obligation. The voluntary use of private credit is the condition precedent, which imposes the irrecusable obligation to file a tax return. If private credit is not used or rejected, then the operation of law, which imposes the irrecusable obligation lies dormant and cannot apply.