“[P]assing the FairTax would constitute the biggest transfer of power from government to the people in the history of this republic.” –from the book FairTax: The Truth: Answering the Critics
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“The FairTax is literally the single best idea for wealth creation and success that we have.”
Senator Zell Miller:
“The current income tax code requires massive files, dossiers, credits and collection activity by the IRS. Under the FairTax there is no IRS as the founding fathers intended. The current income tax pushes rates up and is biased against savings and investment. The FairTax would increase investments by U.S. citizens and attract foreign investment. The current income tax is an antiquated, unenforceable morass with annual tax returns long enough to circle the planet Earth twenty-eight times. Under the FairTax there are no forms for individuals. Not a single one.” –from Senator Miller’s book, A Deficit Of Decency
, p. 134.
Congressman Steve King:
“I have been for the FairTax for 27 years, long before the bill was conceived and more than $20 million in research was done. I like to say, ‘Every time I turn this Rubik’s Cube another way, it looks better and better and better.”
Congressman Tom Tancredo:
“[T]he most important reason to move from an income tax to a FairTax is because an income tax is designed to manipulate behavior. It gives the government the power to manipulate your behavior. ‘I reward you for the things I want you to do by giving you a tax cut. I penalize you for the things I don’t want you to do by raising your taxes.’ That is too much power for the federal government.”
Herman Cain (former Chairman of the Federal Reserve Bank of Kansas City):
“The FairTax moves us from a system that taxes what we earn to a system that taxes what we spend. Under the FairTax, you control your tax liability, not the government. The FairTax puts ‘we the people’ in charge of our money, and puts us all on the path to economic freedom!”
The FairTax Act (HR 25, S 1025) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities…
The FairTax:
- Enables workers to keep their entire paychecks
- Enables retirees to keep their entire pensions
- Refunds in advance the tax on purchases of basic necessities
- Allows American products to compete fairly
- Brings transparency and accountability to tax policy
- Ensures Social Security and Medicare funding
- Closes all loopholes and brings fairness to taxation
- Abolishes the IRS
More:
Congressman John Linder’s FairTax site.
Take the FairTax Internet Seminar hosted by Neal Boortz.