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|a New Twist to Your Tax Bill? Pay Only Sales Taxes -- No Payroll or Income Taxes|
The Christian Science Monitor
Nov. 15, 2004
Excerpt: The House Republican leadership supports substituting a sales tax for the federal tax system. The switch would essentially make interest, dividends, profits, and capital gains tax-free. .... [At Americans for Fair Taxation], Mr. Wright has spent 14 years ... urging that the sales tax replace all current federal taxes - payroll taxes as well as income taxes. Collection would be done by the states, .... The Internal Revenue Service would become redundant.
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