Just abolish the income tax. All it does, and will do, is justify the further gr... | Hacker News

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		pwned1 on July 2, 2021 \| parent \| context \| favorite \| on: Five Former Treasury Secretaries: Fund the IRS Just abolish the income tax. All it does, and will do, is justify the further growth of the surveillance state.

jl2718 on July 2, 2021 [–]

More importantly, it's already irrelevant ($1.6T) compared to bond sales ($8T).

I'll eat my socks if the economy doesn't grow by 20% after eliminating taxes.

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