Q&A

Category: Content Modules
Published on Monday, 06 August 2012 20:41
Written by Administrator
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Questions and Answers about the Fair Tax Act (HR-25)

1. How long will the IRS stick around after the FairTax is enacted?
A: SEC.301.(a) Appropriations- Appropriations for any expenses of the Internal Revenue Service including processing tax returns for years prior to the repeal of the taxes repealed by title I of this Act, revenue accounting, management, transfer of payroll and wage data to the Social Security Administration for years after fiscal year 2015 shall not be authorized.