Subject: tax reform Comment: I have just recently become aware of the proposed Automatic Tax wherein 5% of all appropriate transactions would be collected by the banking system and that this tax could easily replace all current taxes except real estate and energy taxes, and have enough left over to reduce the budget deficits. It would completely eliminate the IRS as we currently know it along with the need to prepare tax returns and keep tax records. Look carefully at this system and if you can find no fault, then by all means imkplement it! |