New Bill introduced will eliminate the IRS and replace federal income tax with a "Fair Tax" bill
(trendingpoliticsnews.com)
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As a 35 year CPA I’m against this. Two basic reasons. One, the sales tax is the purview of the states.
Second, and more important…never ever ever give those fuckers a new way to tax us. You can bet your ass when it’s all said and done they will still have all the old ways and now another new way. Guaranteed.
Tease...but if the IRS goes and there is a truly "fair tax" then CPA schools will shut down too. Just like when the "disease maintenance system" folds after this VAX DECLASS I with my 30+ years in the medical field will become obsolete. Start studying "light, vibration and frequency" and learn to CREATE. That will be our new JOB, Creation.
CPAs will still need to do corporate tax work.