Last chance before the State of the Union Address. Get this out:
The number is:202-456-1111
The issue is: The Fair Tax.
Call and ask that President Bush endorse The Fair Tax.
If you aren't familiar with it, check here and here.
Short and sweet? YOU choose your tax liability.
"...the FairTax bill would abolish all federal income taxes, death taxes, capital gains taxes, and payroll taxes and replace them with a national retail sales tax... In place of all current federal taxes, the FairTax would place a 23 percent tax on the final sale of all goods and services. Exports and business inputs (i.e. intermediate sales) would not be taxed. [emphasis added]
Individuals would file no tax return at all. Businesses would only need to deal with sales tax returns. The IRS and all 20,000 pages of IRS regulations would be abolished.
Under the FairTax, no federal taxes would be withheld from employees' paychecks. Social Security and Medicare would be funded by sales tax revenue."
The sentence bolded above means that YOU would NO LONGER pay the Federal taxes on businesses that are now passed on to you as hidden costs.
Follow up on this. Your children-and grandchildren-will bless you.
Blurb-posted at Conservative Cat and Basil's Blog and Committees of Correspondence and Bloggin' Outloud.