Posted: Apr 26, 2005 By: William Bernard

Subject: Tax reform

Comment: I am writing this in favor of removing the income tax. I cannot word strongly enough my belief that a consumption tax in the most ideal route. Specifically the FairTax Plan. I understand that it will take a lot of change on many levels and is not practical to institute "overnight". However, with the resources available, I believe it could be done over a relatively short time period. The amount of savings to families in both time and preperation costs alone is enough to justify it. Additionally, since the people who spend more will pay more, it automatically will tax those with the most money. The only exception would be the parts of the publc who overspend. It would also remove lobbyists who work for tax deductions for special interest groups. Also, I could invest more of my money for my childrens' educations and retirement to allow greater growth and more money as an end result.