Posted: May 25, 2005 By: Hamill, Maurice R.

Subject: Fair to all, simple, boon to economy

Comment: HR25, when fully understood and having stood the test of time for several years, is the solution waiting to be implemented.

The 16th ammendment is repealed, everyone knows how much tax they are paying and when they pay it. There is no penalty for saving. Cost of goods and services is reduced by about the same amount as the federal sales tax so the final cost is about the same and in the long run may be less. The increased personal savings, reduced business overhead expenses, etc. will stimulate the economy far more than the Kennedy, Regean, Bush tax cuts ever did and for the long term.

It is time for bold and real tax reform, no more withholding (semi-slavery) and all the revenue needed to fund current programs as provided by the FairTax bill, HR25/S25.

I am a retired small business owner (dentist) who has studied the FairTax for the past five years.

Sincerely,

Maurice R. Hamill