Senator Ted Cruz says that he wants to abolish the IRS. I wholeheartedly agree. Unfortunately, there are a lot of people who are very invested in the current tax system. They are entrenched interests. They will argue that we just need to reform the IRS. Take this Bloomberg article as a prime example. Nobody wants to turn off the spigot. If we can’t even get rid of a temporary assistance program what luck will we have getting rid of an agency with over 90,000 employees and many people not employed by the IRS that benefit from the complex rules?
Don’t get me wrong, I think the tax laws should be written on less than 10 pages of paper. A tax return should be a one page document. However, government creates interesting bedfellows. The IRS has a gigantic bed.