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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (109501)	4/15/2005 3:59:27 PM
From: TimF	Read Replies (1) \| Respond to of 794349

It ends there, but that is still to high in my opinion. Tim

To: michael97123 who wrote (109501)	4/15/2005 7:55:50 PM
From: MichaelSkyy	Respond to of 794349

I'm surprised we haven't had more discussion about this here.... The following from 'Boortz.com'... There is a way to spend zero hours a year preparing your federal income taxes. It's called the FairTax. You would pay taxes only when you spent money and never have a dime withheld from your paycheck. The rate would be 23% and would be reduced to 15.6% after your rebate for necessities. Just imagine...no IRS, no forms to fill out and no tax day. April 15th would just be like any other Spring day. I've been spending my "spare" time the last few days doing the final edit on The FairTax book before it heads to the publisher. I'm lovin' it. As you'll read in a moment, The FairTax has found some new momentum with a ringing endorsement from a letter to Washington policymakers from 75 economists. Add these voices to Alan Greenspan, Milton Friedman and others ..... and we're looking at a something more than a legislative pipe dream. Speaking of editing ... perhaps this would be a good time for a tease. Here is a short excerpt from the book, taken from a chapter on the history of our federal income tax. The class warfare and wealth envy aspects of the federal income tax are nothing new ... they were there from the very beginning. Isn't it time for a system of funding our federal government that isn't based on class envy? boortz.com GOOD NEWS FOR THE FAIRTAX As I said, there is good news for the idea of replacing our income tax with a consumption tax. A letter signed by more that 75 economists has been delivered to the House, Senate, Treasury tax reform panel and to President Bush. Copies of the letter have also been sent to virtually every tax policy maker on Capitol Hill. The letter praises the FairTax plan. Click here to read a copy of the letter [pdf] ... complete with the name of every economist including one Nobel Prize winner, who signed on. The FairTax plan is viable, my friends, and it can become law. If the people of this country get behind the plan it can become law. Reforming our tax system is nothing compared with what a small number of Americans did over 250 years ago. Congressman John Linder will join Neal at 10:30am ET to discuss the Fair Tax and take your calls I want to address negativism here. I've been talking up the idea of a national retail sales tax for nearly 20 years on talk radio. Things are different now. Now people hear my words and recognize that this might actually become a reality. Most listeners are thrilled ... but there seems to be a class of listener, or caller if you will, who feel compelled somehow to come up with a reason why this just won't work. As soon as the FairTax topic comes up on the show callers get in line to give me all of the reasons why the plan is going to fail. There's nothing new in these ideas. They generally focus on the idea that people will try to get around the tax by operating underground. What's new about that? The underground economy is alive and well today under the income tax! This idea isn't perfect! No idea is! But it is certainly one helluva lot better than what we have going now. Our society has always had its share of people who are eager to come up with a reason why something can't be done. Thankfully we've also always had a good number of people who chose to spend their time trying to figure out how to make ideas work. These are the innovators whose combined efforts have brought us the incredible standard of living we enjoy today, and who have made America the destination of choice for people around the world who want a better life. The FairTax will undoubtedly come up again today on the show. After all, it's Tax Day. And the nay-sayers will be there ... ready to tell us why this idea won't fly. That link above will display a letter that shows you you're wrong. Let's get it done.