| Grassroots Action Opprotunity Will you push the FairTax petition to the White House past 5,000 signatures needed? The official White House petition to consider the FairTax is very close to passing their response threshold! Go to www.fairtax.org/petition, register and follow updates on our official Facebook page. The FairTax in the News Cain Tax Proposal Piques Left, Right – Wall Street Journal Herman Cain's tax-overhaul plan is helping fuel a boomlet in the polls, but conservatives are divided over its proposed national sales tax while liberals worry that his proposal would penalize lower earners. The Republican presidential candidate wants to scrap the current system—with its income-tax rates as high as 35% for individuals and corporations—and replace it with a system that combines a 9% personal flat tax, a 9% corporate flat tax and a 9% national sales tax… The plan combines features of various tax plans that appeal to conservatives, including the flat-rate income tax and the FairTax, a kind of national sales tax. The plan's ultimate aim would be to move to the FairTax and scrap income tax altogether. Mr. Cain is a longtime supporter of the FairTax. Fair Tax would solve tax dilemma – My Central Jersey Especially today we need to grow our economy. Can tax reform play a role? Most certainly and via the Fair Tax now in Congress as HR 25. The Fair Tax rewards and encourages economic success and is progressive. It eliminates all federal personal and corporate and payroll taxes; it replaces that with a revenue neutral consumption tax on only new products and services. Rebates are provided to low-income earners. The zero percent corporate tax rate will position the U.S. as an entrepreneurial haven for domestic and foreign investors. More jobs will be created in the U.S. as a result. Furthermore, the Fair Tax eliminates the IRS along with a $430 billion annual burden or almost 3 percent of our economy. Technology is in place for tax collection at point of sales. How much of the $430 billion (total cost of the IRS, plus compliance) contributes to economic growth? Likely none. - Ted Hruzd Understanding the FairTax Webinar With Special Topic: How transition from our current tax system to the FairTax will happen When: Thursday, October 27, 2011 Time: 8 pm Eastern, 7 pm Central, 6 pm Mountain, 5 pm Pacific Where: At your personal computer Why: To provide an interactive forum for people who cannot get to local meetings to learn about the FairTax and to present special topics that are frequently misunderstood or not generally discussed. Who: Join Marc Manieri, Americans for Fair Taxation Community Coordinator in the Greater Orlando, Florida area. In their third year now, Marc's webinars draw national participation from seasoned FairTax supporters as well as those just getting introduced to the FairTax. Join: To participate, register here. For more information contact Larry Walters at repeal_16@earthlink.net. | 
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