WE NEED THE FAIRTAX NOW!

I obviously am not writing on a daily basis anymore. My husband is ill and my thoughts and deeds lie with him right now. From time to time I will pass on a letter from my correspondence with other FairTax supporters. Also, please read my earlier blogs. They give a simplified version of the FairTax without the extra words that go into padding an article or a book. Fast, easy reading. Feel free to comment.

The following is from a FairTax supporter regarding an article in the newspapers:

Fair Tax proposal

Regarding "Experts predicting rise in tax rates" in the April 10 Huntsville Times: The 2007 Congressional Budget Office analysis says the income tax rate would have to almost double in order to meet Medicare, Medicaid and Social Security requirements through 2050,under the current tax structure.

This is consistent with the report by trustees of the Social Security and Medicare funds.

Medicare will start negative spending in 2008 and be depleted by 2019; corresponding
dates for Social Security are 2017 and 2041, according to the March 26 Huntsville Times article titled "Social Security, Medicare face big challenges."

Further, according to an April 10 Times article, the International Monetary Fund says
America is headed for a recession.

However, since 1999, Congress has failed to act on the Fair Tax bill, HR 25, the best
solution for stimulating the economy and truly fixing our tax code.

The Fair Tax replaces federal income and payroll taxes including: personal income,
estate, gift, capital gains, alternative minimum, Social Security, Medicare,
self-employment and corporate taxes.

It is a single-rate, federal retail sales tax collected only once: at the final point of purchase of new goods and services for personal consumption.

The principles were developed by professional and university economists and accountants based upon $22 million of research, not by politicians.

(See "FairTax: The Truth,"by Neal Boortz and John Linder, or www.FairTax.org.)

I urge each reader to investigate the Fair Tax, come to some conclusions, and take the appropriate action.

Bobby L. Austin,

Huntsville, 35806

Scroll down for the article, please.
http://www.al.com/opinion/huntsvilletimes/index.ssf?/base/opinion/1210151747111100.xml&coll=1