Johnson to end the IRS
On his website Gov Johnson states that the U.S. Tax system imposes an enormous toll on productivity through high marginal rates, absurd complexity, loopholes for the well-connected, and incentives for wasteful decisions. He offers a better and fairer system including:
- Abolishing the Internal Revenue Service.
- Enacting the Fair Tax to tax expenditures, rather than income, with a 'prebate' to make spending on basic necessities tax free.
- With the Fair Tax, eliminate business taxes, withholding and other levies that penalize productivity, while creating millions of jobs.
Here is his latest video:
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