What is Fair Tax?

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 neutrality, and, through companion legislation, the repeal of the 16th Amendment.
The FairTax Act (HR 25, S 1025) is nonpartisan legislation. It 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 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.
The FairTax:
~Enables workers to keep their entire paycheck
~Enables retirees to keep their entire pension
~Refunds in advance the tax on purchases of basic necessities
~Allows American products to compete fairly
~Brings transparency and accountability to tax policy
~Ensures Social Security and Medicare funding
~Closes all loopholes and brings fairness to taxation
~Abolishes the IRS

Presidential Canidates; in favor of...

Ron Paul ~ Yes

Mike Huckabee ~ Yes

These are the two that have a chance of being elected our next President that have embraced and would push for the Fair Tax.

The Rate?

The FairTax is revenue neutral at $0.23 out of every retail dollar spent.
The FairTax is imposed on a base indisputably twice as large as the base of taxable income
today. The truth is that the FairTax rate is the lowest rate possible for any tax plan that does not
tax returns on capital more than once or tax the necessities of life, and is far less than the
marginal rates on labor or capital required by the current system.

A Letter to Copy for your Congressmen

Addressee Here


Dear _____________,
Every year, American taxpayers dread the federal income tax filingprocess; the endless forms and paperwork, the cumbersome rules andbyzantine changes. It's time to say, "Enough already!"
As a voting constituent of yours, I support a viable and smartalternative, the FairTax, and would suggest you consider this proposalas well. The FairTax is better for everyone: Citizens, businesses, andmost of all our economy, which would be unshackled from the endlessvolumes of regulations and rules that comprise our federal tax codetoday.
I urge you to consider a tax change for the better of all Americans:The FairTax. This tax reform plan is embodied in H.R. 25, whichalready has one sponsor and 65 co-sponsors, and S. 1025 in the Senatewhich has one sponsor and 4 co-sponsors. The taxpaying public -individuals, farmers, schoolteachers, seniors, small business owners,and others - will thank you for it.Thank you for your consideration.
Sincerely,
Your Full Name and Address Here