It's time for the FairTax!!!
I agree 100%.
Let's get'er done!
I have read Scott Burns for years. He is a good economist although he leans left on many issues, IMO, as does the DMN in general. If he supports the FT that says a lot.
Just as outrageous, though, is Congress's willingness to use the tax code for 'social engineering'--which is the real reason that the tax code will never be scrapped. So sad.
The only problem with the Armey flat tax proposal was that it didnt go far enough. We need to chuck the entire tax system - we need to eliminate the income tax, the employment tax, the corporate tax and the inheritance tax. We need to start over.
On the nose!!! Don't reform it, replace it.
If anyone would like to be added to this ping list let me know.
John Linder in the House(HR25) & Saxby Chambliss Senate(S25) offer a comprehensive bill to kill all federal income, SS/Medicare payroll, and gift/estate taxes outright replacing them with with a national retail sales tax administered by the states.
H.R.25,S.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.Refer for additional information:
Scott Burns:I love it.
Live modestly. Spend little. Your tax bill will be tiny.Live extravagantly. Spend lots. Your tax bill will be substantial.
Save and invest your money, and youll pay no taxes. The money will be providing employment and helping the economy grow. Taxes are only paid when you withdraw the money from productive use and spend it on consumption.
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I'll sign on to that!
Tax Code Burning Day is possibly a bit extreme
Actually - it's a GREAT idea! What symbolism that creates in the mind. Who wouldn't picture that and sign on!
This would create a great rallying call - get the attention of the many, many folk out there who still don't have a clue about FAIR TAX. Time to start a "Victory Bonfire" rally call...It would get attention - it's a headline grabber - and in turn, the FAIR TAX would get the exposure we need if we are going to have a snow balls chance...
Let's roll on this - we need an artist to create a visual...something that instantly grabs peoples attention and tells them - Time to break the chains that bind. Let's create a NEW National Holiday: IRS FREE FOREVER DAY.
"Victory Bonfire" "TRUE Independence Day"
A National Catharsis... a symbol of WE the PEOPLE are in charge now!