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HR25 the Fair Tax |
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John Beagle ![]() MUSA Official ![]() ![]() Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855 |
![]() ![]() ![]() ![]() ![]() Posted: Feb 08 2008 at 11:54am |
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Congressman John Linder, the Sponsor of HR25 the Fair Tax in the House of Representatives, has begun a program to get a feel for the actual support of the HR25 the Fair Tax. Here is his message:
We need to show that the issue of fundamental tax reform is critical to the economic growth of this nation, and I want to bring a million names to Go to this website:
http://www.johnlind and add your name as a citizen co-sponsor of the FairTax. Be sure to pass this information along to all of the supporters (including spouses) that you know and remember to tell all new supporters that you bring on board. Gene Key
GA |
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John Beagle ![]() MUSA Official ![]() ![]() Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855 |
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H.R. 25 [109th]: Fair Tax Act of 2005
Bill Status
You are viewing the following version of this bill: Introduced in House: This is the original text of the bill as it was written by its sponsor and submitted to the House for consideration. Text of LegislationHR 25 IH To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.
Mr. LINDER (for himself, Mr. DELAY, Mr. BRADY of Texas, Mr. CULBERSON, Mr. DEAL of Georgia, Mr. FLAKE, Mr. GUTKNECHT, Mr. KING of Iowa, Mr. KINGSTON, Mr. WESTMORELAND, and Mr. PRICE of Georgia) introduced the following bill; which was referred to the Committee on Ways and Means To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; TABLE OF CONTENTS. (a) Short Title- This Act may be cited as the `Fair Tax Act of 2005'. (b) Table of Contents- The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Congressional findings. TITLE I--REPEAL OF THE INCOME TAX, PAYROLL TAXES, AND ESTATE AND GIFT TAXES Sec. 101. Income taxes repealed. Sec. 102. Payroll taxes repealed. Sec. 103. Estate and gift taxes repealed. Sec. 104. Conforming amendments; effective date. TITLE II--SALES TAX ENACTED Sec. 201. Sales tax. Sec. 202. Conforming and technical amendments. TITLE III--OTHER MATTERS Sec. 301. Phase-out of administration of repealed Federal taxes. Sec. 302. Administration of other Federal taxes. Sec. 303. Sales tax inclusive Social Security benefits indexation. SEC. 2. CONGRESSIONAL FINDINGS. (a) Findings Relating to Federal Income Tax- Congress finds the Federal income tax-- (1) retards economic growth and has reduced the standard of living of the American public; (2) impedes the international competitiveness of United States industry; (3) reduces savings and investment in the United States by taxing income multiple times; (4) slows the capital formation necessary for real wages to steadily increase; (5) lowers productivity; (6) imposes unacceptable and unnecessary administrative and compliance costs on individual and business taxpayers; (7) is unfair and inequitable; (8) unnecessarily intrudes upon the privacy and civil rights of United St |
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