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FairTax is the only fair tax

The FairTax system is a bill, languishing in the House Ways and Means Committee. Unless the entire bill becomes common knowledge, it will never get a fair hearing. Those who oppose it want to mischaracterize it, so even if the committee did hold a hearing it would be futile.

One-third of those who have taxable income never file a tax return, because they work for cash or have a business that takes in most of their income in cash. That leave two-thirds of us, who get our incomes in checks, who actually file a tax return. Of the two-thirds who file, half pay no income taxes and only file to get the “Earned Income Tax” credit. This is a refund, from the treasury, going to “filers” who do not pay taxes.

The math alone shows that one-third of the population pays the entire bill for the other two-thirds. Of those who file and actually pay taxes, 80 percent file inaccurate returns and mostly pay less than they owe, under current law. With 77,000 pages of tax law, it cannot be complied with and should be declared void for vagueness.

The FairTax is a retail sales tax on new goods only, with a refund in advance to everyone, so the poor pay no taxes and gets every penny they earn and a check for the taxes they would pay up to the poverty line. The poor usually buys used cars, used houses and could buy used clothing, so they would be the beneficiary of the law.

Those who do not file and those who work for cash would pay their share when they spend. So all the criminal element and all the cash businesses owned by nonfilers would pay as they spend.

The FairTax of 23 percent would be revenue neutral and does not address the excessive spending of a federal government out of control.

Wilton Jere Tidwell

Huntley

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