Fair Taxation...the way forward.

The Fair Tax solution.

Imagine paying no taxes from you paycheck. Imagine no deductions taken out. Imagine taking home every dollar you earn. It could happen. Imagine the economic growth that would occur from businesses coming to America to escape the tax burden else where.

The Fairtax is basically and end user tax on newly purchased items. You are only taxed on what you buy. It is the most logical progression of free choice in taxation that exists. People that buy more expensive items will pay a larger tax amount, not a larger percentage, but a bigger amount of tax. You want to save some money, find a less expensive alternative and end up paying less tax.

Visit the website, explore and learn. The solutions are out there if you look.

http://www.fairtax.org/site/PageServer


From the site:

What is the FairTax plan?
The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment.

The FairTax Act (HR 25, S 296) 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 taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

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



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