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XXXXX DRUDGE REPORT XXXXX SUN AUG 01, 2004 21:01:25 ET XXXXX
REPUBLICANS PLAN PUSH FOR ELIMINATION OF IRS
**Exclusive**
A domestic centerpiece of the Bush/GOP agenda for a second Bush term is getting rid of the Internal Revenue Service, the DRUDGE REPORT has learned.
The Speaker of the House will push for replacing the nation's current tax system with a national sales tax or a value added tax, Hill sources tell DRUDGE.
"People ask me if Im really calling for the elimination of the IRS, and I say I think thats a great thing to do for future generations of Americans," Speaker of the House Dennis Hastert explains in his new book, to be released on Wednesday.
"Pushing reform legislation will be difficult. Change of any sort seldom comes easy. But these changes are critical to our economic vitality and our economic security abroad," Hastert declares in SPEAKER: LESSONS FROM FORTY YEARS IN COACHING AND POLITICS.
"If you own property, stock, or, say, one hundred acres of farmland and tax time is approaching, you dont want to make a mistake, so youre almost obliged to go to a certified public accountant, tax preparer, or tax attorney to help you file a correct return. That costs a lot of money. Now multiply the amount you have to pay by the total number of people who are in the same boat. You cant. No one can because precise numbers dont exist. But we can stipulate that were talking about a huge amount. Now consider that a flat tax, national sales tax, or VAT would not only eliminate the need to do this, it could also eliminate the Internal Revenue Service (IRS) itself and make the process of paying taxes much easier."
"By adopting a VAT, sales tax, or some other alternative, we could begin to change productivity. If you can do that, you can change gross national product and start growing the economy. You could double the economy over the next fifteen years. All of a sudden, the problem of what future generations owe in Social Security and Medicare wont be so daunting anymore. The answer is to grow the economy, and the key to doing that is making sure we have a tax system that attracts capital and builds incentives to keep it here instead of forcing it out to other nations."
Developing...
insein said:http://drudgereport.com/rnc.htm
Finally. True Conservatism is starting to push through. I liked Bush for his stance on Terror but he has been anything but conservative with money. This is a HUGE step in the right direction.
A domestic centerpiece of the Bush/GOP agenda for a second Bush term is getting rid of the Internal Revenue Service, the DRUDGE REPORT has learned.
insein said:http://drudgereport.com/rnc.htm
Finally. True Conservatism is starting to push through. I liked Bush for his stance on Terror but he has been anything but conservative with money. This is a HUGE step in the right direction.
DKSuddeth said:this could be the straw that breaks the camels back, or makes me a republican. This is an idea I like......alot.
gop_jeff said:I knew you had it in you!!!
The key? "If you want to cut taxes, you have to cut spending," he says. "The Republicans have proven for the last four years that they aren't willing to do that. Running up debt to be paid off by inflating the currency or taxing our grandchildren isn't an answer."
Even excluding defense, federal spending -- along with the deficit -- is now at its highest level since WWII.
And I'm not George W. Bush. Bush promised us tax cuts, too. And he delivered -- a whopping 1%, phased in over ten years.
