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  • So you want a change? FairTax

    Posted on March 28th, 2008 admin No comments

    This post is 100% not about politics.  It is not left vs right, it’s right vs wrong.  What is wrong?  Many things, one of which is our current tax system.  The thing is, we have the ability to change it.  Welcome to the idea of FairTax.  I think most of my friends know I support it.  Most people I talk to about it support it.  Once you tell someone basically how it works, it’s easy to like and lightbulbs start going off.  If you want the hardcore straight facts, go to the website.

    I’ll just kind of ramble on here for a bit more.  Please do not take my word for it.  If you can think of a question about how it works, it’s been asked.  More than likely it’s been asked repeated times.  I am not an expert on it but I understand the structure and basis on how it works.  Simply put, it will change how we fund the Federal Government.

    Straight off the site:

  • 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
  • And another excerpt from the site:

    “Great public policy changes do not happen easily. We believe, however, in the promise of the Founding Fathers that this is a nation, “of, by and for the people”. In the last year we have seen more Congressional co-sponsors come on board faster than ever before. We have seen five of eight GOP candidates and one Democratic candidate embrace the FairTax. With increased media coverage, as at least one candidate has made this a central plank of his campaign, more and more Americans have come to understand the powerful benefits the FairTax offers the nation. They are, in turn, joining our growing citizen army and are beginning to communicate their wishes to their elected officials. All of this progress is a consequence of the body politic first learning about and then accepting the FairTax. As our ranks grow such pressure will increase on Members of Congress and at some point, the voice of the people will eclipse the voices of the relatively small number of Washingtonians who profit working the income tax system at great cost to the nation. Enactment of the FairTax will require an activist citizenry and a resurgence of what has been too often forgotten–public policy can and should be driven by the public. All that is required is that we all dare to be fair and remind our elected officials that they work for their constituents–not for the narrow self-interests of the tax writing committee, the lucrative tax lobby business or the academicians who have built careers around the complexity of the tax code.”

    This post is more of a redirect to the FairTax website and less of how and why I like it.  So go already! :D

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