Subject: Taxes and Trade Comment: In a recent year over 90% of US's income was raised by taxes on American workers and those who employed them. About 4% came from duties on goods produced elsewhere. In our present global economy, this is the ultimate of stupidity. The Fair Tax HR25/S25 would place the same tax on both foreign and domestic goods and would be consistent with Free Trade It would improve our balance of payments and would stimulate American business |