Matt Drudge has a bombshell. Evidently part of George Bush's plans during his second term is to eliminate the IRS and replace it with a national sales tax. According to Drudge:
A domestic centerpiece of the Bush/GOP agenda for a second Bush term is getting rid of the Internal Revenue Service, the DRUDGE REPORT has learned.
The Speaker of the House will push for replacing the nation's current tax system with a national sales tax or a value added tax, Hill sources tell DRUDGE.
I don't know how a sales tax could possibly compensate for the loss of income tax revenue, but I'm sure Hastert isn't just talking off the top of his head. They must have thought this through. Well, at least one hopes they have. It'll be interesting to see how the Kerryites respond.
