Expressing the sense of the Congress that the Internal Revenue Code of 1986 must be replaced with a new, low, single-rate system that is simple and fair, allowing the Internal Revenue Service, as we know it, to be abolished.

Expresses the sense of the Congress that: (1) the Internal Revenue Service, as we know it, must be abolished, and the Internal Revenue Code must be replaced with a new, simple, and fair tax system that reduces taxes and applies a single, low rate to all Americans; and (2) the President should submit to Congress a comprehensive proposal to reform the Internal Revenue Code by April 1, 2000.