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The Euro death watch
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<blockquote data-quote="wkmac" data-source="post: 978810" data-attributes="member: 2189"><p>Fair Tax may eliminate the genreal public at large from direct contact with the IRS but they won't go away. They still have a mission from all the other various taxes to administer and they will also take on administration over collection of the sales tax under the Fair Tax system. People wrongly think the IRS came into being in 1913' but it was Lincoln under a 1862' Revenue Act that led to the creation of what we know today as IRS. People are also wrong in thinking there was no income tax before 1913' but Lincoln again can claim that honor in creating the income tax within the Revenue Tax Act of 1861'.</p><p></p><p>When we got our present income tax in1913', most wage earners were never effected but that began to change after the passage of the Victory Tax Act in 1942' and changed yet again after the Treasury Reorganization Plan of 1950' and the creation of the Internal Revenue Code of 1954' which replaced the IRC of 1939'. Later Reorganizations and the Code of 1986' have yet again changed the nature and function of the IRS and the Income Tax as we know it.</p></blockquote><p></p>
[QUOTE="wkmac, post: 978810, member: 2189"] Fair Tax may eliminate the genreal public at large from direct contact with the IRS but they won't go away. They still have a mission from all the other various taxes to administer and they will also take on administration over collection of the sales tax under the Fair Tax system. People wrongly think the IRS came into being in 1913' but it was Lincoln under a 1862' Revenue Act that led to the creation of what we know today as IRS. People are also wrong in thinking there was no income tax before 1913' but Lincoln again can claim that honor in creating the income tax within the Revenue Tax Act of 1861'. When we got our present income tax in1913', most wage earners were never effected but that began to change after the passage of the Victory Tax Act in 1942' and changed yet again after the Treasury Reorganization Plan of 1950' and the creation of the Internal Revenue Code of 1954' which replaced the IRC of 1939'. Later Reorganizations and the Code of 1986' have yet again changed the nature and function of the IRS and the Income Tax as we know it. [/QUOTE]
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