The Fair Tax the Real Stimulus for America
"The FairTax is nonpartisan legislation (HR 25/S 296) that replaces all personal and corporate income taxes, all payroll taxes like Social Security and Medicare, estate, gift, capital gains, alternative minimum, and self-employment taxes".fairtax.org

The Fair Tax the Real Stimulus for America

 
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TJ
I am not a die hard Republican, in fact I don't even identify myself with the Republican party anymore, because the GOP has lost its principles, and forgotten that it is supposed to be the party of limited government over the last decade.

Having read the proposal, and hundreds of pages of opinion and analysis from amateurs to professionals, there are very few drawbacks to the FairTax. It seems to me that anyone in opposition to the FairTax is either afraid of losing their constituancy, or they've been propagandized into believing that it will actually have a negative effect on them personally.

The give my point perspective that everyone can relate to, imagine if:

- You never had to file a federal or state tax return again. Proper and exact taxation would be proactive, and happen in real time. You would never have to worry about being audited by the IRS again, not because they never found any irregularities, but because individuals would never be guilty of tax evasion.
September 25, 2009 at 3:26pm
Robbie
This page constantly wants you to support congressmen who behave like children, or talks about politicians who don't support the fair tax. Join if you are a die hard Republican, but if you really want the fair tax, and don't want the politics, stay away.
September 15, 2009 at 6:49pm
Troy
the only way we're going to pass something like this is get rid of all liberal dems and those liberal republicans. our conservative values are being spit on and ridiculed by both groups. maybe BO will galvanize conervatives to get off the couch and spread the word.
September 15, 2009 at 1:27pm
Curtis
Marco,
Anyone who is not aware of the continued erosion of our individual liberties under the ominpresent encroachment of the federal government under BOTH parties, is simply uninformed. Having actually read The Founders, I can firmly state that our governmental system was created to govern free, self responsible individuals with a severely limited central government. Governmental power was to be kept as close as possible to the individual. The fact that it is not now so is as plain as day!
Now perhaps you are a true believer in a dictatorial central government. If so, you are getting what you want, and the trend is accelerating. No???? Well that is the current trend, i.e., towards total statism. And your stance endorses the trend!
Sorry, that's not for me!
A concept like the Fair Tax is a very minimal step towards reempowering the individual to control their own destiny. By eliminating a 30,000 PAGE tax code, the costs of tax preparation drop enormously. It is initially revenue neutral. Further the coercive effects of tax policy evaporate. Eventually, I would hope the current extravagant expenditures would diminish, and the rate would fall even lower!
A Fair Tax would be a first step in devolving power back away from the failed socialist concepts of top down, central planning currently espoused. My bigger concern is that if devolution doesn't occur, revolution becomes inevitable. What form it takes remains to be seen.
Curtis
July 13, 2009 at 8:46am
Ted
The Fair Tax as it stands is a great alternative to our current abomination of a tax system. That said, I don't know what can be set in place to prevent politicians from turning the Fair Tax into an abomination. This is the major obstacle of the program. Congress will always try to hold their power over the people via the promise of higher and or lower taxes.
June 2, 2009 at 8:42pm
Dennis
I have to go along with Steve on his points, and likewise address the comments that question the percentage of the FairTax. The FairTax percentage will be initially set at 23%. Period. Not 30%, or any number you wish to make up or quote from sources not affliated with the AFFT (Americans For the FairTax) or involved in drafting the legislation. The federal taxes already embedded in domestic products and services already averages 23% +/-, added through taxation of labor, profit, inventory/material/assets, etc. Under the FairTax, all taxes on corporate income are eliminated, resulting in gross drop in cost. Calculate 23% FairTax at the point of sale or delivery of service, and your cost is approximately the same as before. Difference being, the tax is collected at one point only, income no longer being taxed results in individual as well as corporate wealth growth, and a massive return of investment wealth and corporate operations under a more favorable tax system. Bear in mind, the FairTax is to be revenue-neutral in that in only raises revenue to fund the operation of the Federal government...each year, as operation costs increase or decrease, the percentage adjusts. If Americans who support the FairTax continue on past its passage to push Congress to reduce government spending, the percentage will adjust down annually. Regarding the rebate check, the infrastructure for that is already in place (WIC, SSI, IRS refunds, etc.) and it would most likely be electronic anyway. Revenue gap? Not hardly...tax code compliance cost reduction and the trillions in U.S. dollars currently out of the country returning to take advantage of the elimination of income taxation would fuel spending in the country that would more than fill the coffers of the Treasury.
May 24, 2009 at 12:22am
Steve
This is really a reply to Justin with 2 points:

1) The large corporation that "exploits" its workers provides those workers with jobs. Ask anyone who works for a living if they want the company they work for to pay higher taxes, given that it will hurt the company's ability to pay wages and benefits among other things.

2) If someone makes a million dollars a year, under the Fair Tax, they would probably pay more than a poor family. The only way that they wouldn't pay more is if they were to live (read: consume) as if they were poor, in which case their lifestyle is no more opulent than the poor family. In this instance, the flimsy moral argument that someone who makes more necessarily owes more becomes even less convincing.
May 19, 2009 at 6:29pm
Eric
Anything other than the scadilous tax code we have now would be better. It has been totally liberalized over the past two decades to benefit those that don't care to help themselves, as well as those in Washington. How can the liberals continue to support abortion when they are killing an in debt tax payer. The ones in the womb are in debt more than I am. I am not sure how to solve these problems but neither are the idiots we elect to office! We need to get back to our roots!
May 13, 2009 at 8:17pm