Posted: Oct 14, 2005 By: Louis W. Federico

Subject: Fair taxation

Comment: The ideas of taxation on the web site are interesting. I think everyone should take a good look at HR 25, The Fair Tax Plan. I like the idea of everyone paying taxes on consumption, that way every person spending money (even money earned illegally)in this great nation gets to help fund our programs, military, government employees and anyone else who benefits from tax dollars. With a consumption tax it does not matter what size mortgage you have because there will be no interest deduction and a person will not have to be worried about being penalized for owning a house with a mortgage over $350,000. Besides just think of all the companies that will come home and all the investments that will be made in the U.S. with not having to worry about paying a tax on making money with out spending it. I sure would like to keep more of my paycheck and then I would be able to buy new stuff instead of buying at a thrift store. HR 25 is a good thing for America. Make April 15th agreat spring day the way it was before withholding started. Get rid of this Marxist tax system and bring back the way Americans paid taxes two centuries ago. Through purchases. Thanks in advance.