Posted by
Dave's World on Monday, January 15, 2007 5:07:37 PM
Strategist
Dick Morris said this on the Neal Boortz' radio talk show:
"The president can only get himself out of trouble with an agenda. His
ability is to seize control over events by giving the country a national agenda
that captures its focus. And I have two candidates for him. One is the
FairTax that you've written about and the other would be a huge national
effort to end our dependence on imported oil."
The FairTax is an agenda that has captured the interest of the
American people, and the American people are waiting for the Congress and
Senate to wake up to this fact.
Below is a recent news report concerning possible legislation that would
possibly lead to the implementation of the FairTax in Virginia.
Bell
wants assembly to analyze 'fair tax' structure
http://www.roanoke.com/politics/wb/wb/xp-99762
Friday, January 12, 2007
By Michael
Sluss
(804) 697-1585
RICHMOND -- State Sen. Brandon Bell, R-Roanoke County, wants the General Assembly to examine the pros and cons
of creating a "fair tax" structure that could eliminate taxes on
income, real estate and personal property and replace them with a sales tax on
goods and services.
Bell is sponsoring legislation (SJ 326) seeking such a study.
He floated the idea to a statewide audience Wednesday while delivering the
Republican Party's response to Gov. Tim Kaine's State of the Commonwealth
address.
"Much has been said
about tax reform, but real tax reform should keep revenues level and focus on
fairness to our citizens," Bell said in his televised remarks. "We must think
outside of the box and look at overhauling our tax system.”
The state sales tax is
levied on goods but not on services. Bell said a sales tax on services should be considered as the
state's economy becomes more service-oriented.
Bell said his proposal was inspired by a national debate
about creating a tax structure in which federal income and payroll taxes would
be replaced with a sales tax. Bell said constituents also have expressed interest in such a
system. Bell stopped short of endorsing such a structure, but said lawmakers
should examine whether they can "come up with something that will work.
Lawmakers should have
explored the possibility more thoroughly
when they passed a package of tax code changes in 2004, Bell said.
As you see below; the FairTax is
of great interest to the taxpayers, and has the best chance to pass once the
Congress and Senate get around to tax reform.
REPRESENTATIVE LINDER
INTRODUCES H.R. 25, THE "FAIRTAX ACT OF 2007" January 4th, 2007
Contact: Derick Corbett
Washington, D.C. - Today, Representative John Linder (R-GA) introduced H.R.
25, the "The FairTax Act of 2007". This bill was first introduced by
Congressman Linder in 1998, and has become increasingly popular since that
time. At the close of the 109th Congress the FairTax Act was the most popular
tax reform bill in Congress with 59 supporters in the House, which far exceeded
any other piece of tax reform legislation.
The progress we have made since first introducing the FairTax is simply
amazing. The grassroots growth has been phenomenal and it is evident
that Americans get it. They are way ahead of the politicians
on this one. In the 109th Congress, we had 59 supporters on the bill, and we
did not solicit a single one. They came to my office because their constituents
demanded it. That is happening all over the country.
This bi-partisan legislation, with
Congressman Dan Boren (D-OK) as an original co-sponsor, will repeal all
corporate and individual income taxes, payroll taxes, self-employment taxes,
capital gains taxes, estate taxes and gift taxes and replace them with a
revenue-neutral personal consumption tax. The revenue neutral number advocated
in the bill is 23%, which is very near to the average 22% embedded cost of the
current system in every good purchased today. This embedded cost will be driven
out of the price of goods because the FairTax will also eliminate all business
to business taxes.
Americans realize that we can achieve a voluntary tax system by allowing
everyone to pay taxes when they choose and how much they choose by how they
choose to spend. We are giving Americans an option of paying 23 cents of every
dollar they spend with the freedom of anonymity, or paying 33 cents of every
dollar they earn and the fear that the IRS will come knocking because of some
unintentional mistake. They get it, and they are coming in droves to support
change.
The FairTax achieves voluntary taxation by
providing a prebate to all Americans that offsets the tax consequences of
spending up to the poverty level. This aspect of the bill makes it the most
progressive tax proposal today. In essence, if a family of four does
not exceed the poverty level spending which is established by the U.S.
Department of Health and Human Services, then, with the prebate, they will pay
no federal taxes for that year.
Big ideas take a long time to achieve in Washington D.C., and I am excited with the progress we have made in such a
short period of time. There are certain economic forces that are pushing us
toward the FairTax. If we are going to continue to compete in a global economy,
then we will have to move towards a system that removes the foot of the IRS
from the throat of our economy.
Congressman Linder added that he has a new
grassroots oriented website, http://linderfairtax.house.gov
that contains answers to any FairTax related questions. ###
For more information please
contact:
http://www.vafairtax.org