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Here is a way to eliminate the IRS and never have to file another personal income tax return; or corporate return for that matter! Every dollar you earn would be in your paycheck; no taxes withheld. It is within your power to make this happen!

Congress is reviewing a bill right now that would eliminate the IRS and get rid of corporate taxes, personal income taxes, estate taxes, the death tax, etc. It's known as the FairTax Act and I am serious when I tell you not only is it fair, it would definitely solve the United States' economic woes in short order. I want to start by saying that The FairTax is resisted by a vocal minority precisely because it will do what it promises in eliminating the IRS, the more than $300 billion in tax return filing costs, and the corruption of the current system. Here's a brief overview of how it works.

What kind of tax is the FairTax?

It is a retail consumption tax that is paid when you buy something new. It is a transparent tax: that means the tax will be printed on your receipt in plain English so you can see it.

Right now you are paying the same taxes when you buy something, but the taxes are buried in the cost of the item by all of the goods and services that go into making that item from raw materials to packaged product. Those are called embedded taxes because they are not seen on your receipt. Under the FairTax Act, you would pay the same price for a loaf of bread, but the loaf would have a lower shelf price and the tax would be added at the cash register and printed on your receipt.

Is the FairTax really fair?

Absolutely. The FairTax is very fair. In fact, it is really much more fair than the income tax. You get to control exactly how much tax you pay simply by deciding which things you are going to buy. Wealthy people buy more expensive items that other individuals. The FairTax taxes them on those purchases.

Illegal aliens and tourists, who currently pay no taxes, would pay their fair share of taxes every time they buy something. Anyone who gets cash income and never reports it on their income tax return would have to pay taxes on their income at the cash register when they use it to buy something. Yes, the government would still get as much tax revenue as they do now, but the cost of running the government would be a lot less.

The FairTax would have a very positive effect onthe U.S. economy.

By removing the tax penalty for working harder and producing more income, U.S. companies will experience a new era of economic growth and business expansion. Hidden taxes disappear, U.S. citizens can save more, and companies invest more. The FairTax, as proposed, would bring U.S. companies back home because it would no longer be an advantage to have U.S. companies in foreign countries hiring workers for low wages to do jobs that Americans should be doing here at home for a fair wage.

Workers would bring home exactlywhat they earn.

It would put more money in the pockets of every American by removing the income tax. There would be no withholdings from what you earn to pay federal taxes, Social Security or Medicare. If you earned $100 you would get paid $100. Businesses would no longer be weighed down with paying additional taxes on their employees wages for Social Security/Medicare.

The FairTax has a positive effect on Social Security/Medicare.

Under the FairTax Act there would be plenty of money available for both these programs. Like all federal spending programs, Social Security would run exactly as it does today, with the exception that its funding would come from a consumption tax, rather than a payroll tax.

Companies that employ workers would continue to send in reports of the wages they pay to individual employees to the Social Security Administration simply for the calculation of benefits. The transition to a reformed Social Security system is eased while ensuring there is sufficient funding to continue paying promised benefits.

The FairTax shields low-income and lower-middle-income families and individuals.

in the FairTax Plan, people near poverty level pay no net FairTax at all up to the poverty level! Every household receives a monthly prebate check equal to the FairTax paid on crucial goods and services [medicine and groceries], and every wage earner is no longer subject to the most burdensome tax of all, payroll taxes.

The FairTax takes careof senior citizens.

The fFairTax does a good job of protecting senior citizens. Low-income seniors get better benefits under the FairTax than underthe current income tax system. Some people incorrectly believe that people who live exclusively on Social Security don't have to pay any taxes. They may not know it, but they are paying hidden corporate income taxes and employer payroll taxes whenever they purchase something. With the FairTax, seniors pay $0.23 out of every dollar they choose to spend on new products. Plus, seniors, like everyone else, will receive the monthly prebate check, in advance of making the purchases, for taxes paid on the cost of necessities.

Yes, The FairTax CAN become law! The FairTax has undertaken to build grassroots alliances and a grassroots movement to support the effort. However, this will only happen when the American people rally behind the effort, throw off the chains of income tax bondage, and demand that Congress correct 90 years of wrongs done by the income tax.

Do this RIGHT NOW to ensure this bill gets passed.

First, sign the FairTax on-line petition at the FairTax.org website to let Congress and the President know that you want this bill passed into law. When visiting the FairTax website, view the congressional scorecard to find out whether your state congressional representatives support this bill. If they don't, write them a letter and demand they vote for this bill and that you will be monitoring this scorecard to see how they voted come election time.

Second, read The FairTax Book: Saying Goodbye to the Income Tax and the IRS by Neal Boortz and Congressman John Linder. Read it so you understand what this bill actually says. The book is easy to understand. Then give it to a friend to read and ask them to pass it on, too.