Subject: fairtax proposal Comment: The FairTax is Fair: It replaces the federal income tax system, which taxes what we earn, with a tax on what we spend. The FairTax is a consumption tax: the more you buy, the more you pay in taxes; the less you buy, the less you pay in taxes. So everyone pays fairly when they choose to spend. The FairTax: Makes sure everyone pays their fair share Lets you keep your entire Social Security, pension, paycheck, and capital gains Un-taxes the poor with a rebate on the necessities of life Protects Social Security and Medicare Stimulates investment, economic growth and job creation The FairTax is Simple: NO Tax Filings NO Loopholes NO Hidden Taxes The FairTax is Incredible: 95% of all American's will pay fewer taxes! |