Grassroots Action Opprotunity
Will you push
the FairTax petition to the White House past 5,000 signatures needed? The official White
House petition to consider the FairTax is very close to passing their response
threshold! Go to www.fairtax.org/petition,
register and follow updates on our official Facebook page.
The FairTax in the News
Cain Tax Proposal
Piques Left, Right – Wall
Herman Cain's tax-overhaul plan is helping fuel a boomlet in
the polls, but conservatives are divided over its proposed national sales tax while
liberals worry that his proposal would penalize lower earners.
The Republican presidential candidate wants to scrap the
current system—with its income-tax rates as high as 35% for individuals and
corporations—and replace it with a system that combines a 9% personal flat tax,
a 9% corporate flat tax and a 9% national sales tax…
The plan combines features of various tax plans that appeal
to conservatives, including the flat-rate income tax and the FairTax, a kind of
national sales tax. The plan's ultimate aim would be to move to the FairTax and
scrap income tax altogether. Mr. Cain is a longtime supporter of the FairTax.
Fair Tax would solve
tax dilemma – My
Especially today we need to grow our economy. Can tax reform
play a role?
Most certainly and via the Fair Tax now in Congress as HR
25. The Fair Tax rewards and encourages economic success and is progressive. It
eliminates all federal personal and corporate and payroll taxes; it replaces
that with a revenue neutral consumption tax on only new products and services.
Rebates are provided to low-income earners. The zero percent corporate tax rate
will position the U.S. as an entrepreneurial haven for domestic and foreign
investors. More jobs will be created in the U.S. as a result.
Fair Tax eliminates the IRS along with a $430 billion annual burden or almost 3
percent of our economy. Technology is in place for tax collection at point of
sales. How much of the $430 billion (total cost of the IRS, plus compliance)
contributes to economic growth? Likely none.
- Ted Hruzd
Understanding the FairTax Webinar
With Special Topic: How transition from our current tax system to
the FairTax will happen
When: Thursday, October 27, 2011
Time: 8 pm Eastern, 7 pm Central, 6
pm Mountain, 5 pm Pacific
Where: At your personal computer
Why: To provide an interactive
forum for people who cannot get to local meetings to learn about the FairTax
and to present special topics that are frequently misunderstood or not
Who: Join Marc Manieri, Americans
for Fair Taxation Community Coordinator in the Greater Orlando, Florida area.
In their third year now, Marc’s webinars draw national participation from
seasoned FairTax supporters as well as those just getting introduced to the
Join: To participate, register here. For more information contact Larry
Walters at firstname.lastname@example.org.