Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: FairTax


Related Topics

In the News (Wed 9 Jul 08)

  
  What Is the FairTax? - by - The Heartland Institute
The FairTax, pending in Congress as HR 25 and S 1493, is a non-partisan proposal that would abolish all federal income taxes, including payroll, self-employment, alternative minimum, income, capital gains, corporate, and death taxes, replacing them with a simple, visible, federal sales tax.
FairTax advocates say it is a fair, efficient, and intelligent solution to the frustration and inequity of our current tax system, which particularly burdens poor Americans and fixed-income retirees.
The FairTax proposal includes specific protections for those Americans, including ending the narrow, regressive Social Security tax, ending income taxes, and beginning a rebate to zero all federal taxes for Americans (with a legal Social Security number) whose annual incomes are less than poverty level.
www.heartland.org /Article.cfm?artId=14584   (208 words)

  
  FairTax - Wikipedia, the free encyclopedia
The FairTax Book, co-authored by Neal Boortz and John Linder, was published on August 2, 2005, as a tool to increase public support for the FairTax Plan.
The current FairTax legislation was introduced by Linder in the House and by Georgia Republican Senator Saxby Chambliss in the Senate.
Under the FairTax, households would receive a monthly tax rebate (known as a "prebate" as it would be paid in advance) equal to the estimated total FairTax paid on poverty level spending according to the poverty guidelines published by the U.S. Department of Health and Human Services.
en.wikipedia.org /wiki/FairTax   (8723 words)

  
 Fairtax / Withholding Tax / Federal Government
The FairTax, H.R. 25, introduced into Congress by Rep. John Linder of Georgia and co-sponsored by more than 20 members of Congress, is a non-partisan proposal that will abolish not only withholding, but all federal income taxes, including capital gains taxes, all payroll taxes, estate and fit taxes, and corporate and self-employment taxes.
The FairTax allows workers to keep their entire paycheck, closes all tax loopholes, frees individuals from filing tax returns, abolishes the IRS, eliminates all hidden federal taxes, and allows every family to by basic necessities tax-free.
If the FairTax sounds too good to be true, turn to the words of Alexander Hamilton, the founder of our monetary system and a supporter of consumption taxes.
www.cfif.org /htdocs/freedomline/current/guest_commentary/fairtax.htm   (877 words)

  
 Fairtax Recovery Consultants - Welcome
After many years and thousands of clients, I’m proud of the fact that Fairtax has earned a reputation as an industry leader in providing expert commodity tax reviews across a broad range of issues and industry sectors.
Fairtax specializes in professional, thoughtful and thorough commodity tax reviews either on an issue or a full review basis, customs and duties reviews and SRandED Tax Credit filings across a broad range of industry sectors.
At Fairtax we strive to be good corporate citizens in all our endeavors.
www.fairtax.ca   (342 words)

  
 Amazon.com: The FairTax Book: Books: Neal Boortz,John Linder   (Site not responding. Last check: )
Should the FairTax be given around ten years to work miracles, it is also likely that Americans will be anywhere from 10 to 15 percent better off than they would be under the current system, meaning that the average household would probably garner an average increase between $2,000 to $3,500 per year.
Because the FairTax is progressive, the larger the government, the larger the rate, and likewise, the shrinking of the government would cause the tax rate to fall.
In summary, `The FairTax Book' is sure to appeal to the interests any American in the workforce who has ever endured the pressure of doing their taxes, paying them, or dealing with the IRS, and disliked it intensely.
www.amazon.com /FairTax-Book-Neal-Boortz/dp/0060875410   (4824 words)

  
 The FairTax: A Trojan Horse for America?, By Claire Wolfe & Aaron Zelman
Once again, although the FairTaxers dispute most of Bartlett's claims on their website, they make no attempt to refute the basic fact: their “23 percent” is really 30 percent, under the rosiest possible scenario.
First of all, the FairTax, since it is a tax on consumption, will make the underground economy, which is not paying any income tax, subject to taxation.
What the FairTaxers don't tell you is that it would do so by making one enormous class of goods cost 30 percent more than competing goods.
www.jpfo.org /fairtax.htm   (7226 words)

  
 FairTax.org's Response to Kerry Campaign Statements Regarding...   (Site not responding. Last check: )
While the FairTax will make federal taxes very, very obvious (and easy for taxpayers to control themselves), there is no intention to give large groups any break over what they are paying now, nor to burden another group.
When we move to the FairTax, the overall cost of raising the same federal revenue is reduced by some 90 percent.
Under the FairTax, we estimate there will be some 20 million retail sales tax returns to state sales tax collection agencies, where an estimated 90 percent of sales taxes are collected by eight percent of retailers.
releases.usnewswire.com /GetRelease.asp?id=135-08122004   (1039 words)

  
 SpeckBlog » FairTax   (Site not responding. Last check: )
This week we have some discussion of the FairTax being misrepresented badly in a couple of the political races this election season and some discussion with critics of the FairTax, one from the left and one from the right.
I tend to agree with this response from the FairTax Blog.
I’ll open with my latest post on the FairTax highlighting one of the advantages of the plan which is the fact that all savings would be pre-tax.
speckblog.com /index.php/?cat=18   (3677 words)

  
 FairTax   (Site not responding. Last check: )
The FairTax offers an unprecedented opportunity for lower and middle-income wage earners to ger ahead, to save to buy a house, to educate themselves and their children,, and to save for a dignified retirement.
As Americans come to understand that the FairTax will close tax loopholes and maker everyone pay their fair share of taxes, it will be passed into law.
The FairTax will allow Americans to keep 100% of their paychecks, dramatically reduce prices, protect and ensure funding of Social Security and Medicare, empower low-income taxpayers, and put choice and control back into the hands of all Americans.
home.earthlink.net /~redwalkerdj/id18.html   (1571 words)

  
 Californians for the FairTax - FairTax Facts   (Site not responding. Last check: )
California's FairTax Action Team is a group of concerned California citizens with the express mission of educating our fellow Californians about the merit of changing the federal tax system from direct taxation of income to indirect taxation through a national consumption tax as outlined in the HR 25.
State participation in the FairTax collection system is voluntary and states can choose to outsource their collections to another state.
The FairTax plan is devised to be revenue-neutral for the first year of operation.
www.cafairtax.org /facts.htm   (3522 words)

  
 The Fair Tax Fraud - Mises Institute
But like the calls for "fair trade" instead of "free trade," the FairTax is a fraud because it is based on the fallacy that government theft (taxation) should be done in a "fair" manner instead of eliminated altogether.
However, all H.R. 25 does is repeal Subtitle A of the Internal Revenue Code of 1986 that relates to income taxes and self-employment taxes and Subtitle C that relates to payroll taxes and the withholding of income taxes.
Under the FairTax plan, everyone pays the 23 percent tax on everything, but "every household receives a rebate that is equal to the FairTax paid on essential goods and services." The rebate is given out each month, and is based on family size and the poverty level.
www.mises.org /story/1814   (1931 words)

  
 NTU's FairTax Information Hub
The FairTax ensures that all Americans pay their fair share of taxes.
The FairTax proposal is a comprehensive revenue plan that would eliminate most major federal income and payroll taxes, including personal, gift, estate, capital gains, alternative minimum, Social Security, Medicare, self-employment, and corporate taxes.
Ask your Representative and Senators to cosponsor H.R. 25 and S. 25 and then vote for the FairTax when it reaches the floor.
www.ntu.org /main/page.php?PageID=93   (454 words)

  
 Against the FairTax Proposal by Jim Cox
Further, the FairTax proposal can be passed by a simple majority of both houses of Congress plus the President's signature.
This same process developed after the income tax was instituted – withholding was created in part to mask the actual level of taxation.
The FairTax will indirectly become the means of an ever-greater expansion of government.
www.lewrockwell.com /orig4/cox4.html   (687 words)

  
 The Fairtax Calculator
Please consult the FairTax State Volunteer Directory to contact a FairTax community coordinator near you, or call 1-800-FairTax for further assistance.
Is the 23% inclusive FairTax rate higher or lower when compared to the income taxes people pay today?
I know the FairTax rate is 23 percent when compared to current income taxes.
www.fairtaxcalculator.org /faq.php   (469 words)

  
 A Day in the Life
In my humble yet loud opinion, the panel was a complete waste of time and produced no viable suggestions for any reasonable legislator to consider.  I shouldn't be surprised that a government panel produced incredible waste without getting anything done, but still, I am.
The FairTax proposal is not off the table, I have to remind you.   The results of this panel were only a suggestion.
The FairTax faithful had hopes that this panel would endorse the plan for a national sales tax.  Instead they decided to pass it over.
www.danlerner.net /?category=fairtax   (1960 words)

  
 Oklahomans for the FairTax HR25/S25
It is time for the FairTax, a simple federal sales tax that will replace the federal income tax and eliminate the IRS as we know it.
The FairTax will ensure that no individual ever again files an income tax form, while allowing the federal government to raise the same amount of money as it does now.
With the FairTax, Social Security and Medicare can be protected while at the same time increasing personal choice and control for every American.
www.okfairtax.org /lpletter.php   (478 words)

  
 Paul J. Gessing on FairTax, Tax Reform, Inez Tenenbaum, and Jim DeMint on NRO Financial
Advocates of the “FairTax” plan, including DeMint and more than fifty of his House and Senate colleagues, are not supporting higher taxes or a “new” tax.
Thus, the immediate impact of implementing the FairTax will be an improved standard of living for all Americans and, with a lot of paper-shuffling out of the way, will mean that people will have more time to spend with family and in productive work.
Tenenbaum and Democratic critics of the FairTax are simply being disingenuous in labeling Jim DeMint a “tax hiker.” Rep. DeMint has proven himself to be a great friend of taxpayers, having received “A” grades on the National Taxpayers Union’s comprehensive fiscal scorecard in four of his five years in office.
www.nationalreview.com /nrof_comment/gessing200410150832.asp   (856 words)

  
 FairTax (HR 25): Replaces Income Tax and IRS
In addition, the FairTax is specifically endorsed by 8 out of 10 members of the "Coalition for Fundamental Tax Reform." CFTR's member Organizations, Associations and Businesses employ over 5,000,000 in their workforce.
This website is the work of Cliff Cofer, a staunch supporter and advocate of the FairTax (and a member of AFFT).
I try to present the FairTax plan in easily understood, "layman's language." I hope when all who visit here see how much COMMON SENSE the FairTax plan makes they will become supporters, too.
www.geocities.com /cmcofer/ftax.html   (230 words)

  
 FairTax Wisconsin
Simply put, the FairTax replaces the way we're currently taxed - based on our annual income - with a tax on goods and services.
The FairTax is a voluntary “consumption" tax: the more you buy, the more you pay in taxes, the less you buy, the less you pay in taxes.
Everyone pays their fair share of taxes, and with the FairTax rebate, spending up to the poverty level is tax free.
www.madison.com /communities/fairtaxwi   (139 words)

  
 America's Best Kept Secret: Fairtax: Give Yourself a 25% Raise
The FairTax is the only tax plan that totally untaxes the poor.
If you want to be able to answer any question about the FairTax this is the coffee table book to have.
Impact of the FairTax on constituent organizations and aspects of the economy.
www.authorhouse.com /BookStore/ItemDetail.aspx?bookid=12978   (528 words)

  
 Max Borders: The FairTax: A beautiful idea comes of age - Examiner.com
With the FairTax, there’ll be no need to hide their money from the taxman.
One may be skeptical of these numbers, but once folks fully understand the FairTax proposal, the only people who will oppose it are those who are either a) benefiting unfairly from the complicated tax code, or b) the politicians that serve and are served by them.
According to Congressman John Linder, R-Ga., sponsor of the bill, “the FairTax has attracted more co-sponsors than any other fundamental tax reform bill introduced in the House of Representatives.” We should lament the fact that Linder is a Republican, because this is an idea that is maturing.
www.examiner.com /a-167973~Max_Borders__The_FairTax__A_beautiful_idea_comes_of_age.html   (5592 words)

  
 FairTax   (Site not responding. Last check: )
The FairTax has often been referred to as the most thoroughly researched and viable alternative to the current tax system.
Other papers include the Farm Bureau FairTax analysis; a FairTax comparison to income tax; fairness and federal tax reform; revenue neutrality; state and local FairTax opportunities; a definition sheet for the national retail sales tax, the flat tax, and the value-added tax; an outlook for the future.
Contact a local FairTax volunteer, or email Hoosiers for the FairTax with your name, address, and quantity desired (2 max).
www.bureal.com /fairtax.htm   (965 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.