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

There is a tax bill before Congress right now that would abolish the IRS and eliminate income taxes, corporate taxes, death taxes, estate taxes, etc. It's called the FairTax Act and I am here to tell you it is not only fair, it would definitely solve our country's economic woes in short order. First I do want to say that The FairTax is resisted by a vocal minority precisely because it will do what it claims in abolishing the IRS, the greater than $300 billion in tax return filing costs, and the blatant corruption of the current tax system. Here's a snapshot of what it is all about.

What kind of tax is the FairTax?

It is a consumption tax that is paid when you buy something new. It is a transparent tax: that means the tax will be on your receipt in plain view 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 all along the manufacturing line from the raw materials to the packaged end product. These are called embedded taxes because they are not seen on your receipt. Under the FairTax Act, you would be paying the same price for a loaf of bread, but the loaf would have a lower shelf price and the consumption tax would be printed on your receipt when it is added at the cash register.

Is the FairTax actually fair?

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

Illegal aliens and tourists, who currently pay no taxes, would pay their fair share of taxes every time they buy something. Someone who deals in cash and never reports it on an income tax return would now pay the consumption tax on that income at the cash register when they use it to buy something. And yes, the government would continue to get as much tax revenue as they currently get, but the cost of running the government would be a lot less.

The FairTax would have a very positive effect onAmerica's economy.

By removing the tax penalty for working harder and producing more income, American businesses will experience a new era of expansion and economic growth. Hidden taxes are history, U.S. citizens are able to save more, and companies invest more. As proposed, the FairTax would bring American companies back home as it would no longer be an advantage to have U.S. companies in foreign countries paying low wages to workers for 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 eliminating 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 saddled with paying added taxes on their employees wages for Social Security/Medicare.

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

There would be plenty of money available for both these programs under the FairTax. Like all federal spending programs, Social Security would operate just like it does today, except that its funding would come from a consumption tax, rather than a payroll tax.

Companies that employ workers would continue to report the wages they pay to individual employees to the Social Security Administration only for the determination of benefits. The move to a reformed Social Security system would be eased while ensuring there is enough money to continue paying promised benefits.

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

in the FairTax Plan, poor people pay zero net FairTax up to the poverty level! Every household receives a monthly prebate check equal to the FairTax paid on essential goods and services [groceries and medicine], and all wage earners are no longer subjected to the most oppressive tax of all, payroll taxes.

The FairTax protects senior citizens.

Seniors do very well under the FairTax. Low-income seniors get better benefits under the FairTax than underthe current income tax system. There are some who mistakenly believe that people who live exclusively on Social Security pay no taxes. They may not be aware of it, but they are paying the hidden corporate income taxes and employer payroll taxes when they buy anything. With the FairTax, seniors pay $0.23 out of every dollar they choose to spend on new products. In addition, seniors, like everyone else, receive the monthly prebate check, in advance of purchases, for taxes paid on the cost of necessities.

Yes, The FairTax CAN really be passed into law! The FairTax has undertaken to build grassroots alliances and a grassroots movement to support the effort. But, this will only happen when the American people unite behind the effort, throw off the chains of income tax bondage, and demand that their congressional representatives correct 90 years of wrongs done by the income tax.

What you can do RIGHT NOW to make sure this bill gets passed.

First, go to the website FairTax.org and sign the petition to let Congress and the President know that you demand this bill gets passed into law. While you are on the website, view the congressional scorecard to see if your state congressional representatives support this bill. If they are not a supporter or co-sponsor, send them a letter and tell them that you want them to vote for passing this bill and that you will be watching 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. You need to understand what this bill actually says. The book is not difficult to understand. Then give it to a friend to read and ask them to pass it on, too.

Sandra Simmons, President of Money Management Solutions, has years of experience helping business owners and families manage their income to achieve financial freedom. To learn more about the Money Management Software she created, visit her website and watch the FREE 5-minute demo video at www.MoneyMgmtSolutions.com