The FairTax - How to Make Paying Taxes Easy and Fair
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Help Abolish April 15th!
What do you think of when you hear "April 15th"?
Unless it's your birthday, chances are you think of the dreaded day that the annual tax return must be filed and the dreaded taxes must be paid. The day that the post office stays open 'til midnight. The day before the tax accountants get to take a day off for a change.
Nobody looks forward to paying taxes, but it's something that has to be done. The good news is that the FairTax plan makes it easy to pay taxes and, most importantly, makes paying taxes fair for everyone from every socioeconomic group in the country.
Skeptical? Then read on. We'll provide you with the basics then give you resources where you can find out more - and find out how to support the FairTax, this simple but comprehensive plan to abolish not the 15th of April but the 16th Amendment and the IRS as we know it.
QUICK LINK: The FairTax Calculator - Would you be better off with the FairTax?
(Income Tax Due Date is April 15, 2010)
An Overview of The FairTax
Get the basics here, then read on for more resources, for all the details.
What the FairTax Will Do.
1. Repeal all corporate and individual income taxes, self-employment taxes, payroll taxes, capital gains, estate, and gift taxes.
2. Replace the above taxes with a revenue-neutral consumption tax.
3. Rebate (actually pre-bate) the sales taxes on all spending up to the poverty level.
That's basically it. Sound too simple? It is simple. In fact, the FairTax is only 132 pages long. Contrast that with the more than 50,000 pages of tax laws and regulations in effect today and I think you'll agree that it really is rather simple.
What's fair about the FairTax? First, the FairTax will allow you to keep 100 percent of your paycheck, your pension, your Social Security income. Because taxes on corporations will be repealed, the cost of consumer goods and services will be dramatically reduced, from 20 to 30 percent. Compliance cost, the cost to collect taxes and enforce tax law, will be reduced by 90 percent. Real wages will increase. Investments will increase, interest rates will drop dramatically, and the economy will grow by leaps and bounds as a result!
But I have to feed my family and I need to buy a new car. What's so fair about paying taxes on those things? That's exactly where the fair part comes in. First, if your income is on the low end, you will probably choose hamburger instead of steak or a Ford instead of a Mercedes. People in the higher income brackets will buy the expensive cuts of meat and the fancy cars and they'll pay the same rate of sales tax that you paid - the same rate but on a lot more money - which will result in a much larger amount of tax paid. And then there's the "prebate," the other element in the FairTax equation that makes it truly fair.
Yes, what is that you mentioned about the poverty level and rebates? Since everyone needs to purchase basic necessities, all families will receive, every month, a "prebate" check to cover the tax on the basic necessities, the amount for items that everyone has to have, based on the poverty level spending figure calculated by the government. It sounds a little complicated, but this paper lays it all out with a diagram and an explanation that makes sense.
John McCain and Mike Huckabee on The FairTax
Seems the FairTax fans are making an impression on Senator McCain.
Download the FairTax Webinar - Free!
Presented by Neal Boortz
Learn more about the FairTax. View this brand new Fair Tax Internet Seminar presented by Neal Boortz in the comfort of your own home or office.Download the free FairTax webinar here.
You've Got Questions, We've Got Answers
Where you can find answers about all your FairTax questions.
This site is an introduction to the FairTax and we have lots of resources listed below, including ways you can help spread the word.We highly recommend The FairTax Book
as the most comprehensive resource you'll find to further educate yourself and answer the questions you or your friends - or your congressman - may have about the FairTax.Already know all about the FairTax? Buy a few copies of the book and spread them around!
The FairTax Book
by Neal Boortz and Congressman John Linder Still have questions about how the FairTax works?
FairTax: The Truth: Answering the Critics
FairTax: The Truth: Answering the Critics
Amazon Price: $11.66 (as of 07/12/2009)
When is a sequel better than the original? When it answers all of the questions you've been asking.
Neal Boortz has been talking about this book for months. You don't have to wait any longer. Order your copy of Fair Tax: The Truth: Answering the Critics
Prefer to download the book to your Kindle wireless reader? Get the Fairtax: The Truth - Kindle Edition here.
What does President Barack Obama Say About the Fairtax?
Not much.
The president believes the plan needs more study, which likely means he hasn't studied the studies that have already been done. If he had, he may actually have an official stand on the issue.Wonder how the Obama tax plan compares with the FairTax? Study this comparison chart of the current tax system, Obama's tax plan, and the FairTax to see for yourself.
Photo courtesy piddleee via Creative Commons
Republican Candidates Speak About the FairTax
Which two 2008 presidential candidates are strong supporters of the FairTax?
Then watch the August 5, 2007, debate clip of the Republican candidates giving their views of the FairTax. It's easy to tell who's informed - and who's not - when you know the facts.
Duncan Hunter addresses the Fair Tax Rally in Columbia, SC 05-15-07
Runtime: 4:01
8333 views
10 Comments:
How much tax would you pay with the FairTax?
Find out with the FairTax calculator.
Is the FairTax a fair tax? Find out with the FairTax Calculator.It takes just a few minutes to plug in your own figures and see how you and your family would fare if you paid the 23% FairTax on purchases of new items instead of filing a typical income tax return and paying taxes the traditional way. I tried it and our household came out far ahead.
Take a minute and try the FairTax Calculator and if you like what you see, tell your friends and encourage them to read the FairTax books
. Spread the Word: FairTax!
Taxation is a hot topic. Wear this FairTax t-shirt to help educate everyone about the fair tax solution.
fairtax icon 2 by kooldogz
t-shirts made by zazzle
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Coffee? Tea? Have it in a FairTax Mug
Get everyone in the office talking about the FairTax.
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FairTax Bumper Stickers & License Plate Frames
Honk if You Support the FairTax!
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More Books about the FairTax
Educate Yourself
America's Best Kept Secret: Fairtax: Give Yourself a 25% Raise
Our tax code, the slave tax, has no limits. You have no say in it. It takes freedom of choice away from you. The FairTax sets you free. You decide when and how much tax to pay.
Fair Not Flat: How to Make the Tax System Better and Simpler
"In Fair Not Flat, Mr. McCaffery lays out the case for a consumption tax. He does so in a reader-friendly way, presenting his argument with very few footnotes, equations or technical terms. The consumption of the book, so to speak, is not at all taxing. And its argument is well worth pondering."-Bruce Bartlett, Wall Street Journal
More FairTax Information Resources
Knowledge is power. Use these links to become educated about the Fairtax.
Is a 'Fair' Tax in America's Future?
The proposed FairTax bill would abolish all federa more...1 point
Americans For Fair Taxation: Sign the Petition
Ready to support it? Take action! Sign the petiti more...1 point
Americans for Fair Taxation
The premiere FairTax information site. Read about more...0 points
United States Congressman - John Linder
Congressman Linder is the primary sponsor of the F more...0 points
FairTax : Home
Read more about the details of the FairTax here at more...0 points
What You Can Do to Help
(Click on each suggestion to find out how you can help.)
- Contact Congress
- Let your representatives know that you support the FairTax, H.R. 25.
- Connect with Supporters in Your Area
- Find local leaders and become part of the grassroots initiative that is needed to get the FairTax passed.
- Join the Discussion
- Join an online forum to connect with other supports in your area and across the country.
- Attend a Local Event
- Check this calendar for planned events in your area.
- Contribute
- It does take financial support to keep the ball rolling. Are you willing to help in this area?
- Spread the Word!
- Tell your friends about the FairTax and point them to all the information they'll need to make a fair and objective decision about the tax plan that really, truly is fair. Help make April 15th just another day on the calendar!
More Ways to Show Your Support of the FairTax
Wear it on your chest or on your head, but just wear it!
Yellow T-Shirt
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Stamped Organic Cotton Tee
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Hear What People Are Saying about the FairTax
The FairTax Plan is In the News
Read what's being reported about the FairTax Plan.
Fetching RSS feed... please stand byEveryone's Blogging About the FairTax
For it or against it, the word is spreading.
- I Support the Fair Tax and Withholding Taxes Act | theunderlay.com
- I Support the Fair Tax and Withholding Taxes Act. I just heard that there is a bill being sponsored...
- Do You Support The Fair Tax? For Informartion Visit Www.fairtax.org?
- The FairTax plan is a comprehensive proposal that replaces all federal income and payroll taxes with...
- How Can Someone Not Support The Fair Tax Plan?
- The FairTax plan is a proposal that replaces all federal income & payroll based taxes with a pro...
- FreeCause Helps FairTax Find Support with the FairTax.org Toolbar ...
- Last week, FreeCause launched the FairTax.org Toolbar and Loyalty Platform. FairTax is a nonpartisan...
"The FairTax sounds good, but it'll never happen."
"Women will never get the vote."
"Man will never walk on the moon."
Never say never.
Grassroots support is what it takes to get important legislation passed.
Do your part. Support the FairTax and let's make it happen!
Not Having to File a Tax Return: Priceless
Taxes in the News
It's nice to think about the time when April 15th might be just another day and Americans won't have to worry with tax forms and the totally out-of-control tax code, not to mention politicians who want to keep raising taxes. Take a look at what's in the news today about income taxes.
Fetching RSS feed... please stand bySo, are you for it or again' it?
Reader Feedback
Leave a comment and tell us what you think about our lens or about the FairTax. Thanks!
tandemonimom wrote...
Great lens! I'd vote for a flat tax if it were offered, but the consumption-tax-only FairTax is a MUCH better plan! 5*
Posted March 20, 2009
Plumbers01 wrote
You would have to be a complete idiot to not see how the Fair Tax would help and fix so many things in this country
Posted October 01, 2008
Brassoo78 wrote...
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Posted May 11, 2008
Morris wrote
If the business community would get on board and see the advantages of the Fair Tax I bet something would happen. The impending recession (depression?) might be just would it will take.
Posted February 12, 2008
Susan52 wrote...
Mulberry, Thanks for the comment! I hadn't had anything on here about the democrats and their stances on the FairTax because I hadn't been able to find much information about that. However, I just went to look on fairtax.org and found a new article about a couple, FairTax supporters, who attended an event with Barack Obama. They had an opportunity to ask him about the FairTax and she said Obama had his facts about 75% straight and he said it was "bad for the poor." Of course that isn't the case. I need to do more research about how democrats, particularly the candidates, feel about the FairTax and publish it here. Interestingly, just this morning I heard Neal Boortz say that there is a yet-unnamed democrat in Congress who supports the bill and may be willing to push it through in the future. Perhaps this will happen after the election. It's a nonpartisan plan, but there's always someone willing to take the credit for getting a good bill passed.
Posted February 01, 2008
mulberry wrote...
Very interesting indeed! I want to learn more. Like that you included info on the candidates stance...didn't see anything on demoncrats? Great work on this lens!
Posted February 01, 2008
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