To celebrate tax day I thought I’d post some info I found online about a tax reformation proposal that is out there.
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 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… -Click Here to read more-
Does anyone else find the idea of reporting your income to the Federal Government repulsive? I think it is wrong. I do it. “Give unto Ceaser…” But I don’t feel free when I do. I am not promoting a negative attitude towards government, but I am very open to ideas that make the government less invasive and individuals more free.
So, what do you think?