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Tuesday, July 20, 2010

Knowing The Fair Tax

You'll notice in many of my writings I refer to the Fair Tax. Since there is some confusion about what this is, I recommend you read The Fair Tax by John Linder and Neal Boortz or look up the issue at http://www.fairtax.org/.

The Fair Tax IS NOT the VAT (Value Added Tax).

The Fair Tax is an actual piece of legislation and has been researched much more than probably any other legislation in our nation's history. It is a tax that replaces the current income tax system and would eliminate your current income tax (as well as many other taxes).

I would write in more detail about The Fair Tax, but the two books (The Fair Tax and Fair Tax: The Truth) are easy reads, fairly short and explain it much better than I can.

So, if you're reading one of my posts and you get the idea I am promoting an additional tax, please know that what I'm an advocate of is something that replaces the existing system and gives more power back to the people instead of the politicians.

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