Third time's the charm? Rep. Mike Simpson is pushing a bill that would abolish the Internal Revenue Code and force Congress to come up with a replacement. Idaho Congressman Mike Simpson is an original cosponsor of H.R. 462, the Tax Code Termination Act. This legislation would abolish the Internal Revenue Code and call on Congress to fundamentally reform the federal tax system. “A new tax code should provide tax relief for working Americans, protect the rights of taxpayers, reduce tax collection abuses, and eliminate disincentives for savings and investment,” said Simpson in a news release. A GOP-controlled House has passed similar bills, in 1998 and 2000/Kevin Richert, Idaho Statesman. More here.

Question: Do you support Congressman Simpson's bill to abolish the IRS and reform the federal tax system?