Desperately needed tax reform is now being discussed by the
president’s advisory panel.
Editor,
Desperately needed tax reform is now being discussed by the president’s advisory panel.
Our current federal tax system is a horrifying maze favoring special interests, big business and campaign contributors. Estimated compliance costs are in the billions every year. Those billions could be spent creating jobs and raising wages, but instead they go to accountants helping their clients get out of their fair share.
Now is the time for a truly progressive, fair tax. H.R. 25, the FairTax bill, is exactly that.
It eliminates all federal tax burdens, including payroll tax, on the working poor. It restores the ability of the small business owner to compete with corporations. It puts collected dollars to work in federal programs, not wasted on IRS collection activities.
There are tremendous benefits to this bill for our economy, including our ability to compete in global markets and keep our jobs here.
I urge everyone to become familiar with the FairTax at fairtax.org and convince your elected officials to do the same!
Eric Decker, Mountain View
