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The FairTax
Do you know about the FairTax?
This is a grass roots movement taking place across the USA to replace the
current income tax with a more practical, and FAIR tax system for all
Americans (and those who are visiting our country as well). This
movement, begun in 1995, has over 5 millions adherents and many members of
Congress who are involved.
The FairTax will:
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Allow you to keep your
entire paycheck - no federal withholding or social security withholding!
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No one pays any tax
up to the poverty level
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Create Jobs by making
American products more competitive overseas
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Free up time wasted on
filling out IRS forms.
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Abolishes the IRS!
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What is the FairTax plan?
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.
FOR INFORMATION -
1-800-FAIR TAX
Printable Brochure
Official Websites -
www.fairtax.org
Roanoke Area FairTax Group
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