If We Had the FairTax, Today Would Just Be Tuesday

Alexander Hamilton was not in favor of an income tax, but favored a tax on comsumption. He felt it would be more difficult to raise a consumption tax to confiscatory levels than an income tax.

In Federalist No. 21, Hamilton wrote:

It is a signal advantage of taxes on articles of consumption, that they contain in their own nature a security against excess. They prescribe their own limit; which cannot be exceeded without defeating the end proposed, that is, an extension of the revenue.

With the consumption tax, the citizen chooses to pay taxes based on the amount of purchase they make. An income tax can be raised or lowered, compelling the citizen to pay as much as the government demands. As you know, we have an income tax in America, due on that most dreaded day of the year, April 15th.

Today is April 15th. If we passed the FairTax, today would just be Tuesday.

The Fair Tax is a bill in the United States Congress that would repeal the 16th Amendment and eliminate all federal income taxes. Every last penny snatching one of them.

American’s for Fair Taxation writes on their website:

The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue replacement, and, through companion legislation, the repeal of the 16th Amendment. This nonpartisan legislation (HR 25/S 1025) abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax — administered primarily by existing state sales tax authorities. The IRS is disbanded and defunded. The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

This would be the largest transfer of power from the Congress to the people in the history of the United States. There is so much information on this subject that I couldn’t possible cover everything in one article. Instead, I suggest you take the time to review some of the following articles:

• The Fairtax Fundamentals (pdf)
• The Prebate Explained (pdf)
• Executive Summary (pdf)
• The FairTax vs. flat tax (pdf)
• FairTax Talking Points (pdf)

There is also a very good video explaining the Fair Tax. It was made by Americans for Fair Taxation.

The Fair Tax Book was written by Neil Boortz and John Linder. It was followed by FairTax: The Truth: Answering the Critics. The first book defines the plan and the second one answers all the issues critics have come up with since the first book was published. As a pair, they fully explain the plan.

Today would be a great day to find out if your Congressman or Senator supports the Fair Tax. I can tell you that Senator Claire McCaskill is soundly against it. As you can read here, she thinks this would hurt the poor. Clearly, she has not educated herself on the FairTax. Senator Kit Bond will not commit either way, but as I have dismissed him from doing anything worth talking about, I imagine he would be against it also.

Sammy Graves, my Congressman, is for the FairTax. Good job, Sam. Now we just need to get you straightened out on the Farm Bill.

Where do your representatives stand on the Fair Tax? This forum has all the states listed by Senator and Congressmen, so find out where your people in Washington stand on the FairTax and then let them know where you stand. Click here to find your Congressman’s phone number. Click here for your Senator’s. Or you can e-mail them.

One way or the other, contact your representatives and tell them you support the Fair Tax. Tell them you think that the current tax code, all 60,000 pages of it, is broken, confiscatory and unfair. Tell them you surrort John Linder and the Fair Tax, and they should too.

How many things have been done in this country that were said to be impossible? We can make this just one in a long line of impossibilities.