Posted: Oct 16, 2005 By: Peter Holt Hoffman

Subject: FairTax is only satisfactory reponse

Comment: Dear Sirs:

The only change to the tax code that will satisfy me is the FairTax proposal (http://www.fairtax.org/).

It is the only idea which will eliminate the complexity of the tax code, encourage sound economic habits, close special interest loopholes, tax the underground cash economy, and more.

A flat tax is not acceptable but it would be an improvement over what we have.

A VAT is absolutely the worst idea that could be considered.

Sincerely,

Peter H Hoffman
9 Ladbroke Road
Greenville, SC 29615