Gingrich Wants To Gut Tax Code, Irs

Following days of testimony about abuses by the IRS, Newt Gingrich said Saturday he wants to overhaul the tax collection agency and create a “taxpayer’s bill of rights.”

“We should launch this fall a great national town hall … on how to replace the current tax code with a complete replacement to have a simple, honest tax code,” the House speaker told the National Federation of Republican Women. The federation’s biannual conference is in New Orleans.

A dramatic reduction in the number of IRS employees and shrinking the tax code to a single page should also be included in the reform, Gingrich said.

The suggestion sent the crowd into a cheering frenzy, with many waving signs that said “I love Newt.”