How to Abolish the IRS in a practical way

Economy
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How to practically abolish the IRS, and replace the income they generate, for the federal government:

  • The only entities that pay income tax, becomes the STATES. The States collect revenues from a wide variety of sources. Require every State to pay 15% of their GROSS REVENUE to the Federal government. Because the states keep detailed records they are easy to track. This was blocked by a judicial decision 100 years ago. Revisit that and change the law if necessary.
  • The dollar’s ‘2% inflation target’ becomes an official revenue stream. Increase the money supply by 1% a year officially declaring that to be the property of the Federal government. For example, if the money supply has $1 trillion, then the US government can ‘print’ $10 billion. Since it is officially known and above-board, there is no economic shock or surprise.
  • Any taxes on tariffs etc
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One edit – change ‘States’ to ‘all taxing jurisdictions, including States, Cities, towns, counties, etc’.

Any legal jursidiction that taxes Americans should pay 15% of their Gross Income to the Federal government, for having the legal right to tax Americans.

This would also double that revenue source.