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  • Bill would dump IRS for sales tax

    04/13/2005 1:46:41 AM PDT · by JohnHuang2 · 113 replies · 2,886+ views
    WorldNetDaily.com ^ | Wednesday, April 13, 2005 | By Ron Strom
    Rep. John Linder reintroduces legislation to overhaul federal system Posted: April 13, 2005 1:00 a.m. Eastern © 2005 WorldNetDaily.com A federal bill that would do away with federal income tax and replace it with a national sales tax has been introduced again in the House of Representative after the same bill failed to get committee consideration in the last Congress. The bill, H.R. 25, is sponsored by Rep. John Linder, R-Ga. Dubbed the "FairTax" proposal, the bill "will repeal all corporate and individual income taxes, payroll taxes, self-employment taxes, capital gains taxes, estate taxes and gift taxes – and replace...