ilmscore | US Tax System Predictions
N/A
Accuracy

Recent Predictions

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Author
Predicted at
Status
Video
The Fair Tax Act of 2025 proposed the abolition of the IRS.
"the fair tax act of 2025 was a bill proposed which would effectively abolish the IRS"
Feb 15, 2025
Pending
A bill is being considered in the House of Representatives to abolish the IRS and income taxes, replacing them with a 30% consumption tax.
"there's a brand new bill that aims to eliminate it [the IRS] altogether... the house is scheduled to..."
Jan 27, 2023
Pending
The proposed 30% consumption tax is logistically challenging to implement due to state-level administration and collection responsibilities for sales tax.
"logistically let's be real this would be a nightmare to implement because each state has the respons..."
Jan 27, 2023
Pending
The bill to abolish the IRS and income taxes is unlikely to pass.
"realistically there's no way that this is going to pass"
Jan 27, 2023
Pending