Federal tax system needs overhaul
Our income tax system is the most fundamental interface we have with our government. Yet in this most fundamental interface with government, we don’t understand the tax system.
The tax code consists of some 70,000 pages. It has been estimated we spend $900 per person each year complying with the tax code. That’s a total of about $265 billion each year.
By any objective measure, the tax code should be replaced. It can not be fixed. Can you even imagine the gridlock?
Americans For Fair Taxation was formed in 1995 as a nonprofit, nonpartisan grassroots organization solely dedicated to replacing the current tax system. It began as a research organization with the goal of finding the best way for government to collect needed revenue and how taxation could be achieved with the most benefit to the economy and the tax payers.
The board of directors is comprised of business leaders, economists and visionaries who are dedicated to removing this most divisive political weapon, the tax code.
We can leave our children and grandchildren something better. The Fair Tax organization has drafted bills for both the House and the Senate, H.R. 25 and S.13. The Fair Tax organization has sufficient support that there have been committee hearings on these bills.
I’m asking each of you to inform yourself by going to FairTax.org. Hopefully you will add your support.
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