Originally posted on: 2008-01-23
Original location: http://blog.chrisheath.us/2008/01/23/559/eliminate-the-income-tax-and-govt-has-same-revenue-as-10-yrs-ago/
Do today’s tax collections, minus the income tax, really equal the tax collections of 10 years ago? We dug into IRS statistics ourselves and ITS TRUE!! IRS collected $880-billion in individual income tax in 2005. Subtract that from total taxes and you get $1.12-trillion. By comparison, total tax collections in 1995 were about $1.27-trillion.
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