The income tax creates a stagnant economy for the United States. Companies have moved overseas to give their investors a tax advantage. They will not return to the U.S. until our system gives them an advantage in the world market.
Jacquelyn Martin, Associated Press
The income tax creates a stagnant economy for the United States. Companies have moved overseas to give their investors a tax advantage. They will not return to the U.S. until our system gives them an advantage in the world market.
The answer to this is the Fair Tax Act (H.R. 25). It will eliminate income tax and the Internal Revenue Service, jump start the economy, bring jobs back to the U.S. and capture untaxed dollars lost to criminal and offshore businesses. It will allow people to keep 100 percent of their paycheck, let them save all the money they want and pay taxes only when they spend it, eliminate taxes they don't even know they are paying, lower interest rates and make April 15 just another beautiful spring day.
If everyone tells their congressman to support H.R. 25, we can turn this economy around as soon as it is enacted.
Roy Newsom
Granbury, Texas
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The income tax creates a stagnant economy for the United States, is a lie.
Threats like “Companies have moved overseas to give their investors a tax advantage. They will not return to the U.S. until our system gives them an More..
Dennis kucinich 2010 bill was a thousand times better than the fair tax bill and it went no where. We wouldn't even have federal taxes if we would let our own government create our money supply instead of privately owned banks.
Thank you, Roy Newsom of Texas! Finally someone with sense! Raising taxes on the wealthiest Americans by most estimates will create less than $100 billion per year in added revenue. That's the upside. The downside far outweighs this benefit. More..