Clicking on your links return the following
Lewy tends to do that with his links, This is where the source text for HR2525 on the Thomas system is:
H.R.2525 Text
SPONSOR: Rep Linder, John (introduced 07/17/2001)
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: http://www.fairtax.org
The wages section refers to the requirement of employers to report SS/Medicare base wages to the Social Security administration for the purposes assure proper credit for benefits. That must remain in place until such time as the Social Security system is privatized and repealed.
The Financial Remediation Servis stuff he indicates is about brokerage & financial fees embedded into loan interest reats. Interest on the principle of a loan is not taxable under the NRST, but all brokerage and financial service fees are. The provision prevents the folding of such fees into the interest rate of the loan as extra added on points to avoid the payment of the tax on such services.
I highly suggest you go to the bill and read it thoroughly. Lewislynn's excerpts tend to be partial and can mislead if the entire text is not studied.
I didn't mean to imply I was new to alternative tax measures in any of my posts.