H.R. 25 is also known as the Fair Tax. Rather than explain the details in 2000 characters or less, I'll simply suggest that everyone read the book by Neal Boortz. One feature is the abolishment of the I.R.S. This will save money in two obvious ways: first, closing a government agency; second, stopping members of congress from buying votes from corporations through creative changes to the current tax code. Companies will be more likely to locate in the U.S. and therefore create jobs and increase GDP. Also, the tremendous amounts of money that flow through the U.S. from drugs and prostitution will finally be added to the tax revenues collected by the Federal Government.
Idea No. 10101