November 28, 2007
Wednesday AM

Mr. Jaehnert, I agree at first glance the Fair Tax aka Federal Consumption Tax is a scary prospect when one considers a 23-30% tax on consumable goods, but once one takes the time to delve into the particulars of this tax system it becomes a little more exciting.

I like the fact that with the fair tax everybody pays...EVERYBODY. Illegals, drug dealers, tax evaders. I like the fact that all hidden taxes are removed from the bread you buy, from clothing, from fuel...the consumables you are buying now are already laden with hidden taxes, the idea is that with the fair tax all hidden taxes are removed, thereby lowering the cost of the merhandise....it is said that with the fair tax you will not be paying much more for that loaf of bread than you are now....you just will know exactly how much you have been taxed as all taxes are now in plain view. Also, used goods (ie used cars, trucks, 4 wheelers, etc.) will not be taxed.

I also like the fact that my paycheck is MINE. Nothing goes to the federal government. I take the whole amount home with me. My employer, no longer having to pay payroll taxes, is likely to raise wages or increase benefits. Mortgage rates are likely to fall, savings increases, the capital gains tax is GONE.

Most states are already set up to collect sales tax via retailers, so the transition should not be too difficult.

The FairTax: (from the website)

Enables workers to keep their entire paycheck
Enables retirees to keep their entire pension
Reimburses the tax on purchases of basic necessities
Allows American products to compete fairly
Brings transparency and accountability to tax policy
Ensures Social Security and Medicare funding
Closes all loopholes and brings fairness to taxation
Abolishes the IRS

I suggest that you take the time to browse the following website. You might be pleasantly surprised. http://www.fairtax.org/site/PageServer

Kara Jeanne Blazier
Weiser, ID

About: " Former Rock Dweller for much of my life - now living in the State of Taters."

Received November 27, 2007 - Published November 28, 2007

Related Viewpoint:

Relief is in sight By Paul G. Jaehnert

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