This week, IRS Commissioner John Koskinen told Congress that simplifying the tax code would significantly reduce costs to the government. Despite possible savings, some are suggesting more spending to patch the status quo, for which the agency requested a budget increase of $530 million this year.
You don’t need an accountant to do the math on this one: Instead of spending millions in an attempt to fix the IRS, we should abolish the agency through comprehensive tax reform.
Congress has long resorted to piecemeal fixes to the tax code instead of a complete and necessary overhaul.
I’m hopeful that with a new administration, Congress will have an opportunity to replace our convoluted tax code with a common-sense system that is simpler and more growth-oriented.
I believe the best replacement is the FairTax, a flat national consumption tax that would effectively render the IRS obsolete.
Tell Congress: Pass the Fair Tax Act of 2015! Sign the petition.