Posted: Apr 29, 2005 By: Nauti-Cat Cruises, inc.

Subject: FairTax Proposal

Comment: I strongly urge panel to recommend the elimination of the income tax and the adaptation of the FairTax as outlined by FairTax.org

The income tax system we have now is a huge drain on my time and my financial resources. I spend about $3,000 a year just to comply with reporting requirements and that is on only about $140,000 a year in sales.

First; it should not have to be so expensive and cumbersum for the small buinsess owner (or the big business owner for that matter) to comply with tax requirements. Second; the lobbying and special intrest tax breaks and loop holes need to end. Fair is the key word. You should not need an advanced degree to know what your tax liability is.

I urge you to recomend the adoption of the FairTax.

Thank you!
Russell Schindler
8666 E. Traverse Highway
Traverse City, MI 49684
231-218-7955