Subject: The FairTax Act Comment: I have read that the tax reform panel has rejected a national retail sales tax as a means of tax reform. This would exclude HR 25, the FairTax Act, as a means of tax reform, and this rejection is apparently because of Treasury Department estimates that such a tax would have to be as high as 64% to 87%. However, those numbers based on the totally arbitrary assumption that food, housing, medical care, government services, among other things would not be taxed. Since the FairTax Act already provides for the taxation of these things, your objection to a national retail sales tax is irrelevant. The estimated revenue-neutral tax rate under the FairTax is only 23%. How can you guys not know this? I don't think it's because you're stupid. I think it's because you're a bunch of jerks who care more about politics than what is truly good for America. Americans don't want incremental reform. We want the best tax system that could exist! The FairTax Act is certainly the best tax reform idea I have seen; it not only enables economic growth that would be impossible under an income tax but restricts the power of politicians to interfere with our lives and totally removes the tax burden on the poor. Come on tax reform panel. Recommend something that can be taken seriously. |