Brent Finnegan -- January 4th, 2011
Talking Points Memo claims to have received a “dear colleague” letter that originated from Rep. Bob Goodlatte, calling for a page-one rewrite of the federal tax code.
If the letter is legitimate, Goodlatte plans to introduce The Tax Code Termination Act, which would abolish the Internal Revenue Code by 2016, and create a new tax system.
It has become abundantly clear that the tax code is no longer working in a fair manner for our nation’s citizens. Many Americans look at the dim state of our economy, and the billions of their tax dollars that are being given to private businesses and they want to know why they cannot keep more of their hard earned tax dollar […] It has become all too clear that the current code is broken beyond repair and cannot be fixed so we must start over. (Read more)