Subject: HR 25 Misrepresentation Comment: I watched and listened in absolute amazement last night as CSPAN aired Edward Lezear's testimony before the Commission concerning HR 25 otherwise known as the Fair Tax Plan. Not only did he completely re-write the proposal in a way that complicates taxation, he grossly misrepresented the effects of the National Retail Sales Tax proposal. Point #1 HR 25 does not disproportionately benefit the rich and the poor while burdening the middle class. The basic necessities of life are universal to all classes and should not be taxed on principle. It is immoral to attempt social engineering with the tax code. Point #2 His dismissive treatment of the prebate is factually incorrect and replacing it with a rebate based on Income is unnecessary, costly, wasteful, and not at all part of the Fair Tax Plan as written. The administrative costs involved in such a ridiculous proposal would be completely done away with if the plan were implemented as originally proposed. Point #3 Government expenditures absolutely would NOT increase as a result of the Fair Tax Plan and to inflate Government budget requirements on that basis is dishonest and disingenuous. Current Government expenditures are exempted from State and Local Sales taxes as it stands, but the embedded tax costs currently built into the cost of every item purchased (Income Taxes, SS Taxes, Medicare/Medicaid Taxes) are absolutely already being paid in every Government purchase. Substituting the Fair Tax for the embedded tax would not increase Government budgets 1 penny. Point #4 It was painfully obvious to me as an informed citizen that NONE of the Commission members have read either the HR 25 Bill or the Fair Tax book, which thoroughly and factually debunks every last myth the Commissioners relied upon in making their assessment. It has been a long time since I have been so disgusted and disappointed as I am with this Commission. They are deserving of nothing but contempt for their gross incompetence and cowardice. Larry Iles 232 W. 1st P.O. Box 683 Davenport, Ok. 74026 iles@brightok.net |