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I want to tell you about the new Bill in Congress to replace the federal income tax with a 30 percent national sales tax the bill is H.R 25 the fair tax it was introduced by Congressman Earl Carter the bill would eliminate all federal income taxes and instead Institute a 30 national sales tax Im going to give you all the details let me know what you think about this whether its a good idea a bad idea or if you have mixed feelings Im also going to be providing you with my opinion the bill is 132 pages long so the politicians they actually spent a lot of time on this and sadly I ended up going through all 132 pages the bill wants to get rid of all federal taxes related to income that means no more federal taxes for the IRS payroll taxes would be gone Social Security taxes would be gone Medicare taxes would be gone instead the federal government would get their money from a 30 percent national sales tax this would supposedly fund all federal spending including Social Security and Medi
