On the Drudge Report:
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.
I’ve long supported the idea of flat income tax, and have recently been giving a national sales tax a lot of thought. I have trouble taking this report at face value (and not just because it’s on Drudge), but it’s certainly worth watching. (via Wizbang)
While the IRS is (maybe) in the GOP’s sights, financial institutions are in the sights of others. I’m not nearly so skeptical about this one.