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Here is a surefire way to eliminate the IRS and not ever have to file another income tax return; or corporate return for that matter! Every dime you earn you would get paid; no taxes withheld. It is within your power to make this a reality!

Congress is reviewing a bill right now that would get rid of the IRS and eliminate income taxes, corporate taxes, death taxes, estate taxes, etc. It's known as the FairTax Act and I am here to tell you it is not only fair, it would without a doubt solve our country's economic problems in short order. I want to start by saying that The FairTax is violently resisted by a vocal minority exactly because it will do what it claims in abolishing the IRS, the greater than $300 billion in tax return filing costs, and the insidious corruption of the current tax system. Here's a snapshot of what it is all about.

What is the FairTax?

It is a consumption tax that is paid when you purchase something new. It is a transparent tax: it means that the tax will be printed on your sales receipt in plain view so you can see it.

Currently you are paying those taxes when you purchase something, but the taxes are hidden in the cost of the item by all of the goods and services that go into making that item from raw materials to packaged product. Those are called embedded taxes because they are not seen on your receipt. Under the FairTax Act, you would be paying the exact same price for a loaf of bread, but the loaf would have a lower shelf price and the consumption tax would be printed on your receipt when it is added at the cash register.

Is the FairTax actually fair?

Yes, the FairTax is fair. In fact, it is really much fairer than the income tax. You get to control how much tax you pay simply by deciding what items you are going to purchase. Wealthy people spend more money on more expensive items than other individuals. The FairTax will tax them on these purchases.

Illegal aliens and tourists, who pay no taxes now, would pay their fair share of taxes every time they buy something. Anyone who gets cash income and never reports it on their income tax return would now pay the consumption tax on that income at the cash register when they use it to buy something. Yes, the government would still get as much tax revenue as they currently get, but the cost of running the government would be a lot less.

The FairTax would have a positive effect onthe U.S. economy.

With the penalty for working harder and producing more removed, U.S. businesses will experience a new wave of economic growth and business expansion. Hidden taxes are history, U.S. citizens are able to save more, and businesses invest more. The FairTax, as proposed, would bring U.S. companies back home because it would no longer be an advantage to have U.S. companies in overseas countries paying low wages to workers for jobs that Americans should be doing here at home for a fair wage.

Workers would bring home all that they earn.

It will put more money in the pockets of every U.S. citizen by eliminating the income tax. There would be no withholdings from what you earn to pay federal taxes, Social Security or Medicare. If you earned $100 you would get paid $100. Businesses would no longer be saddled with paying added taxes on employee wages for Social Security/Medicare.

The FairTax has a positive effect on Social Security/Medicare.

There would be plenty of money available for both these programs under the FairTax. Like all federal spending programs, Social Security would operate exactly as it does today, with the exception that its funds would come from a consumption tax, instead of a payroll tax.

Companies that employ workers would continue to report the wages they pay to individual employees to the Social Security Administration simply for the determination of benefits. The move to a reformed Social Security system is eased while ensuring there is sufficient funding to continue paying promised benefits.

The FairTax shields low-income and lower-middle-income families and individuals.

Under the FairTax Plan, poor people pay zero net FairTax up to the poverty level! Every household receives a monthly prebate check equal to the FairTax paid on essential goods and services [groceries and medicine], and every wage earner is no longer subject to the most burdensome tax of all, the payroll tax.

The FairTax takes careof senior citizens.

The fFairTax does a good job of protecting senior citizens. Low-income seniors are much better off under the FairTax than underthe current income tax system. There are some who mistakenly believe that those who live only on Social Security pay no taxes. They might not be aware of it, but they are paying hidden corporate income taxes and employer payroll taxes whenever they buy anything. Under the FairTax, seniors pay $0.23 out of every dollar they choose to spend on new products. In addition, seniors, like everyone else, receive the monthly prebate check, in advance of making the purchases, for taxes paid on the cost of necessities.

Yes, The FairTax CAN really be passed into law! The FairTax has undertaken to build a grassroots movement and grassroots alliances to support the effort. However, this will only happen when the American people rally behind the effort, throw off the yoke of income tax slavery, and demand that their congressional representatives correct 90 years of wrongs done by the income tax.

What you can do RIGHT NOW to make sure this bill gets passed.

First, go to the website FairTax.org and sign the petition to let Congress and the President know that you demand this bill gets passed into law. When visiting the FairTax website, look at the congressional scorecard to see if your state congressional representatives support this bill. If they don't, write them a letter and demand they vote for this bill and that you will be monitoring this scorecard to see how they stand come election time.

Second, read The FairTax Book: Saying Goodbye to the Income Tax and the IRS by Neal Boortz and Congressman John Linder. You need to understand what this bill actually says. The book is easy to understand. Then pass it on to a friend to read and ask them to pass it on, too.