The FairTax Act

The FairTax Act

Inversion solution - Ocala StarBanner

As they preach tax reform and simplification, Congress SELLS exemptions, deductions and exclusions in 74,600 pages of code and regulation.  Lobbyists paid Congressmen/Senators $3 Billion last year alone (who are they indebted to?).

The real solution is right in front of us — repeal the ineffective IRS tax code and replace it with a consumption tax - HR 25 the Fair Tax.

A key feature of a consumption tax provides a business-friendly tax structure that eliminates corporate income taxes, payroll taxes and investment taxes. As a result, corporations are incentivized to return offshore capital and bring their headquarters back to the U.S...
Plus, no more personal income taxes, record keeping and filing - BONUS, return of the right to privacy in your person, your papers and your things (4th amendment - Bill of Rights).

It's time for Congress and the president to stop talking about fixing inversions, and allow the Fair Tax to actually do it. As an aside, the Fair Tax eliminates funding for and phases out the IRS.

It is late in the game, the longer we procrastinate the deeper we slide into the abyss.

R T Poet, Minneapolis Minnesota

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If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.