Saturday, March 14, 2009

FAIRTAX TO BE DISCUSSED IN CONGRESS

The following letter came from Tom Freeman, a FairTax supporter:

Representative Steve King (IA-5) is requesting an hour for Special Orders at the end of the legislative day on this Tuesday, March 17 to discuss the FairTax. The time is anticipated to be around 6 PM. As a member of the House Ways and Means Committee, I respectfully request that you give this address your special attention. The FairTax is the right Federal tax reform for everyone in the United States. It is also the most stimulative action the Congress can enact.

Additionally, Congressman King noted in his January 12, 2009 press release: Implementing the FairTax would immediately eliminate tax barriers that presently hurt American companies and favor production abroad over production here in America. Right now, when American companies export their products overseas, they must pay payroll taxes, embedded taxes and compliance costs to the IRS, and then compete directly with foreign manufacturers who do not pay these taxes.

Our current income tax system puts American products at a disadvantage on the world market and makes American products more expensive than their competitors in foreign markets. With the FairTax, American producers will no longer be forced to pass on embedded costs to foreign customers.

I respectfully request that a vigorous debate about the FairTax be the most important issue the House Ways and Means Committee addresses this year.

I presume the 6pm time is Eastern Daylight time. Please contact your representatives in Congress and ask them to be present to support this effort by Rep. King.

1 comment:

Mark said...

Yes -- lets have a debate about Fairtax in Congress.

Strange thing -- Fairtax "leaders" don't want any part of it. For 13 years Fairtax leaders have avoided all hearings under oath -- and a hearing in Ways and Means, with witnesses, would be under oath. Fairtax leaders want NO part of that.

Fairtax is literally a farce. It would impose the world's highest sales tax, on all rent, all cancer surgery, even on all government spending.

As if all cancer patients will pay massive taxes. No -- they won't. The first time you try to tax the parents of a child with leukemia 100K in taxes on their efforts to keep their child alive - you will have EVERY Congressman in the USA -- even some dead ones will come back to life --- to exempt cancer victims.

And renters will get exemptions.

Fairtax pretends cities and states will pay this huge tax on all they spend -- guess what? Cities and States will get exemptions.

Fairtax knows all this, of course, which is exactly why they are avoiding hearings. They don't to try to explain how someone making 20K a year, would have to pay 100,000 in taxes, because they happened to have cancer.