With the outcome of the current elections, Americans should pay special attention at the direction this country will now face. Many issues we have dealt with in the past will now come under new scrutiny, as the balance of power shifts.
Unfortunately, one issue that affects us has not been dealt with adequately by either of the major parties. Both have their own ideas concerning our tax money, but little effort has been made to change the system used to collect taxes. The promise of tax cuts is a very effective means to gain votes.
A proposed bill, The Fair Tax Act, would change the way our government collects our tax money. It sounds the death toll for the Internal Revenue Service, paycheck withholdings and tax returns. As the replacement, a national sales tax, designed to fund our government at its current rate, would replace our old system. It relieves the burden of an overly complicated tax code as special interests lobby for loopholes.
The national sales tax will be collected on all new goods and services and takes the place of our income withholdings. The system is blind to income levels, yet ensures the basic necessities of life are not taxed through a tax pre-bate system. This prevents the government from dictating what the basic necessities are and affords us the ability to make our own decisions.
A source for more information may be found in the “The Fair Tax Book” authored by Neil Boortz and Rep. John Linder. Additional information is also provided by The Americans for Fair Taxation at their Web site FairTax.org. Not only do they provide readers with needed information, they also suggest how to show your support.
As stated so eloquently in our Declaration of Independence, we hold the power, not the government or our elected officials. It is time for a real change offered by the Fair Tax Act to encourage economical growth and investment. It is time to do away with the burdensome taxation system that we detest and political officials use to gain votes.