Americans For Fair Taxation
 

 

"I was bold in the pursuit of knowledge, never fearing to follow truth and reason to whatever results they led, and bearding every authority which stood in their way." -Thomas Jefferson

Special Report: Tax Reform Town Hall

Charles deGaulle once said, “The leader must aim high, see big, judge widely, thus setting himself apart from ordinary people who debate in narrow confines.”

For several months, the FL FairTax® team has been building a relationship with Congressman Vern Buchanan (FL-16) and his district leadership team, including sharing the importance of educating constituents on major tax reform alternatives. Rep. Buchanan was very eager and asked his district director to plan a tax reform town hall for his constituents.

Why is this important? 

Although not a FairTax co-sponsor, Buchanan is a member of the House Ways and Means Committee, and serves on Chairman Camp’s small business/pass through tax reform working group. And, as Rep. Buchanan told his constituents yesterday, “I believe we have a six month window to have this discussion with the American people.”

Yesterday, weeks of hard work came to fruition when Rep. Buchanan hosted his tax reform town hall at the New College Sainer Pavillion in Sarasota. 

FairTax advocate and author Neal Boortz presented the FairTax Plan. Susan Nilon, General Manager of WSRQ Radio, extoled the benefits of the current, progressive income tax system. Boortz immediately ensured the audience knew that “Karl Marx and Friedrich Engel first advocated a heavily progressive or graduated income tax in their 1848 “Manifesto of the Communist Party.”

Dan Mitchell, senior fellow at the Cato Institute, discussed the simplicity of filing returns with a flat tax, although he reminded the audience that he had previously advocated for the FairTax in earlier debates and still felt it had significant merit. Finally, Jerry Pierce, President of the Florida National Federation of Independent Business (NFIB), advocated for regulatory relief for small business. He made it a special point to add that he preferred the FairTax plan although the national NFIB had not taken the same stance. 

 Tax Panel - Rep. Vern Buchanan

The event was adeptly moderated by local ABC Channel 7 (WWSB) anchor John McQuiston and was covered by the Bradenton Herald newspaper.

After brief introductory remarks, the panel fielded questions for over an hour. While they had differing opinions on how they would solve America’s tax code dilemma, everyone agreed on one critical aspect – we have reached a crisis point and changing the income tax code is no longer an option, it is an imperative. 

You can read a summary of the panels comments and view the forum in its’ entirety, here.

We extend our appreciation to Congressman Buchanan and his district director, Sally Tibbits, for bringing this vital tax forum to FL-16, and offer hearty congratulations to the Florida FairTax team for another job well done!

Until next time,

 

Cynthia T. Canevaro

National Campaign Manager

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The FairTax Act In The News

Talk of tax changes as federal income tax turns 100 years old - WWSB

Congress considers changes to the tax code, House member Vern Buchanan (R-Longboat Key) hosted a panel discussion about taxes in Sarasota.

Buchanan says that the 73,000 pages in the U.S. tax code cause a damaging burden on people and businesses just because of the sheer number of rules. The House Ways and Means Committee, on which Buchanan sits, is reviewing the current federal income tax law. “We're going to do everything we can to pursue that because it's the best thing to create more jobs not just in this area, but in the country.”..

Neal Boortz argued that we should get rid of income taxes entirely, and replace them with a consumption tax. We'd pay a roughly 22% sales tax on everything we buy, but we'd keep at least that much more of what we made in the first place. Both ideas have been around, but but supporters say they've gained momentum from frustration with the current system. “It's going to be an uphill battle,” Mitchell says, “but we actually locked in the sequester savings as part of the spending bill that was just passed, so sometimes good things can happen.”..

Fair Tax is the answerThe Town Talk

Have you completed your 2012 income tax form(s) yet? How long did you spend gathering all your receipts needed to prepare your income tax return?

…Every $4 paid in income tax by individuals it costs the taxpayer $5. For businesses it's even worse; it costs the business $143 to send $100 to Uncle Sam. A staggering $431 billion annually is wasted just paying our tax bill. And the mental anguish for months and lost sleep; it's so unnecessary.

If the income tax was replaced with the Fair Tax, the government receives the same tax money, we don't waste $431 billion annually, no tax return forms to complete, and April 15 becomes just another nice spring day. Yes, we can have this.

Call and email your representative and senators. Tell them you want the income tax replaced with the Fair Tax. Learn more at www.FairTax.org.

- Glen E. Terrell, Arlington, TX

Link for March 30, 2013

Featured Video:

FairTax senior strategist Denis Calabrese

Why is the FairTax better than other tax reform efforts?

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FairTax Fact:

The current IRS tax code with regulations total more than 72,000 page while the FairTax legislation is only 131 pages!

Featured Paper:

Flat Fair Compare Chart

UPDATED: The FairTax, Flat Tax, Income Tax Comparison Chart

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