Doing away with the income tax seems perfectly tenable to me.

(Doing away with the income tax would just mean taxes would shift back
to consumption taxes, rather than income and savings taxes)

Doing away with 1/3 of the revenue, not so much.



On Tue, Apr 26, 2011 at 2:50 PM, G Money <[email protected]> wrote:
>
> "only" one-third? 33% of federal revenue is a HUGE chunk. Huge.
>
> Hey, i like to sit around and bitch about taxes as much as the next guy, but
> the idea of doing away with the income tax seems pretty untenable.

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