Posted: Apr 24, 2005 By: Wayne Jett

Comment: Ladies and Gentlemen:

My book
1-1/ref=sr_1_1/103-3884825-1016620?v=glance&s=books> A General Theory Of
Acquisitivity was written partly to inspire and inform exactly the kind of
fundamental tax reform you are presently considering. In essence,
acquisitivity is the feature of human nature designed by our Creator to make
productive use of resources more efficient, thereby greatly assisting our
hopes for progress and survival.

Being an element of the divine design of human nature, the propensity to
acquire property is not evil, nor is it a violation of morality such as
greed is. Thus, acquisitivity should not be punished by taxation as public
policy has done for the past 100 years. The production of income (resources)
should not be taxed at all, so long as those resources continue to be used
in the productive process.

However, to the extent such resources are pulled from the productive process
and expended for consumption, this provides an opportunity to require a
portion of the consumed resources for support of government. A broad-based
tax on consumption is the best avenue for financing the federal government,
and the Fair Tax Act of 2005 (HR 25, S 25) gets us there most promptly and
efficiently by replacing all income taxes, estate and gift taxes, and
payroll taxes with one simple consumption tax on new goods purchased for
consumption.

I hope you will thoroughly consider the ideas stated above and in my book,
and that your recommendations lead our nation to a better, more productive
era for our children and grandchildren under the Fair Tax Act.

Sincerely,
Wayne Jett
Pasadena, CA 91105