"Watching Washington tax policymakers churn a few well-worn and ineffective ideas to come up with the same disappointing results is like watching the movie ‘Ground Hog Day’, except this is real life not a movie.” - AFFT Chairman and Co-Founder Leo E. Linbeck, Jr.
The Super Committee and DC briefings
As more and more Americans embrace the FairTax
across the nation, we're working hard to educate and inform our elected
representatives in Washington about why the FairTax provides the path for
America’s economic prosperity.
Here's what we’ve been up to!
FairTax Submission to the Super Committee
This bipartisan committee has been formed to
recommend at least $1.5 trillion in deficit reduction over ten years. It is
a daunting task but fortunately, the FairTax has years of research in support
of the economic transformation it would bring to our nation.
We presented projected revenue estimates to the
committee detailing how the FairTax would have collected more federal revenue
in 2009 and 2010 than the current income tax based system. The nonpartisan
FairTax is the solution the nation needs immediately!
The accompanying press release is available here.
District Focus and Phone Activism
Thousands of phone calls are explaining the
FairTax to the Super Committee's members' constituents and then asking them to
phone their Congressman and Senators. Americans are taking action!
Testimony to the Joint Economic Committee
Thursday, the FairTax was superbly represented by
Dan Mastromarco, who testified at Vice Chairman Kevin Brady’s hearing on, “Could Tax Reform Boost Business Investment and Job Creation?” Committee
members appeared eager to learn more and the dialogue between the committee and
the invited panel was lively and informative.
Mastromarco, who co-developed and oversaw the
research on the pending FairTax legislation, provided the committee with a
strong and decisive answer to their overarching question from his testimony
that “…the solution to this crisis is a consumption tax that makes the taxes we
pay visible, ensures all Americans are stakeholders, is neutral as to savings
and investment, lowers marginal rates, reduces compliance costs and removes the
anti-competitive nature of our non-border adjustable extraterritorial tax
system. The best of these is the FairTax...”
View: Verbal Testimony l Written Testimony l Video
Washington Meetings and Briefings
This week representatives of Americans for Fair Taxation
(AFFT) met in Washington with FairTax sponsors and co-sponsors in the House and
Senate. AFFT briefed members on the current status of FairTax support, members
provided insight into the challenging decisions they facing in the coming days
and weeks. Equally important, every member commented on how important the
FairTax grassroots team is to the enactment of the FairTax plan. Evidence yet
again that you are making a difference!
The FairTax educational tour then continued to news
media during an in-depth editorial board meeting at The Washington Examiner. Leo
Linbeck, Jr. and Dan Mastromarco provided the Examiner editorial team with an
in-depth analysis of the FairTax and engaged in a lively discussion about why
the FairTax is the preferred replacement to the current income tax.
keeping with the mission of AFFT to educate and inform candidates about the
FairTax plan, representatives then moved to the 2012 election and provided a
comprehensive FairTax briefing to a Presidential election candidate!