HR 25 2007 - Re-Introduced Into The 110th Congress - The March Goes On!
- --- In email@example.com, Roger Buchholtz
MI FairTaxers and Thought Leaders,
We have secured the same bill number for the national FairTax for the
110th Congress. Nice story (below) and summary of the national
MI FairTax Director (volunteer)
P.O. Box 141 / 5620 Clato St.
Kalamazoo, MI 49004
phone/fax: (269) 345-0950
cell: (586) 530-3298
REPRESENTATIVE LINDER INTRODUCES H.R. 25, THE "FAIRTAX ACT OF 2007"
Washington, D.C. - Today, Representative John Linder (R-GA) introduced
H.R. 25, the "The FairTax Act of 2007". This bill was first
introduced by Congressman Linder in 1998, and has become increasingly
popular since that time. At the close of the 109th Congress the
FairTax Act was the most popular tax reform bill in Congress with 59
supporters in the House, which far exceeded any other piece of tax
"The progress we have made since first introducing the FairTax is
simply amazing. The grassroots growth has been phenomenal and it is
Americans get it. They are way ahead of the politicians on this one.
In the 109th Congress, we had 59 supporters on the bill, and we did
not solicit a single one. They came to my office because their
constituents demanded it. That is happening all over the country."
This bi-partisan legislation, with Congressman Dan Boren (D-OK) as an
original co-sponsor, will repeal all corporate and individual income
taxes, payroll taxes, self-employment taxes, capital gains taxes,
estate taxes and gift taxes and replace them with a revenue-neutral
personal consumption tax. The revenue neutral number advocated in the
bill is 23%, which is very near to the average 22% embedded cost of
the current system in every good purchased today. This embedded cost
will be driven out of the price of goods because the FairTax will
also eliminate all business to business taxes.
"Americans realize that we can achieve a voluntary tax system by
allowing everyone to pay taxes when they choose and how much they
choose by how they choose to spend. We are giving Americans an option
of paying 23 cents of every dollar they spend with the freedom of
anonymity, or paying 33 cents of every dollar they earn and the fear
that the IRS will come knocking because of some unintentional
mistake. They get it, and they are coming in droves to support
The FairTax achieves voluntary taxation by providing a prebate to all
Americans that offsets the tax consequences of spending up to the
poverty level. This aspect of the bill makes it the most progressive
tax proposal today. In essence, if a family of four does not exceed
the poverty level spending which is established by the U.S.
Department of Health and Human Services, then, with the prebate, they
will pay no federal taxes for that year.
"Big ideas take a long time to achieve in Washington D.C., and I am
excited with the progress we have made in such a short period of
time. There are certain economic forces that are pushing us toward
the FairTax. If we are going to continue to compete in a global
economy, then we will have to move towards a system that removes the
foot of the IRS from the throat of our economy."
Congressman Linder added that he has a new grassroots oriented
website, http://linderfairtax.house.gov/, that contains answers to
any FairTaxrelated questions. ###
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