It's really the payroll tax taht kills me. I should be allowed to invest my own money if i want to.
The Fair Tax (HR 25) eliminates all federal income taxes, and also eliminates all federal payroll taxes, as well as estate and gift (death) taxes. House Majority Leader Tom Delay already is a co-sponsor of the Fair Tax, and I think Dennis Hastert will do so before long. Ways & Means Chairman Bill Thomas is very able and a long time believer in fundamental tax reform. Thomas gave the Fair Tax a letter a couple of years ago all but endorsing it. If anything, Thomas will make it even better. A number of Freepers have been working hard on this for a long time. A Freeper who comes to mind in times of progress on this vital subject is our champion and leader CHIEF NEGOTIATOR, may he rest in peace.