To the Honorable Senator Hutchinson of TX
It has been several days since my last post. I will be sending off a letter to Senator Kay Bailey Hutchinson of Texas in support of the Fair Tax on Wednesday. I invite you to read it and encourage you to write your own to your member of the House of Representative or Senator.
To the Honorable Kay Bailey Hutchinson,
I write you with utmost urgency and passion. Your fellow Texas Senator, John Cornyn, has heard the voice of the people and joined the fight to transform our economy and save our country. I ask that you join the struggle to end an oppressive and inefficient tax collection system that was of chief importance to Karl Marx, the founder of Communist ideology, as written in the Communist Manifesto as step two to form a Communist state. I present to you the Fair Tax.
The Fair Tax is a non-partisan tax proposal to replace the current income, payroll, estate, gift, death, savings, corporate, and investment taxes into a simple to understand national sales tax (23%) that will be collected on only new purchases and only at the final retail sale of all purchases made by consumers. To cover the basic necessities of life the Fair Tax will give every legal citizen of the US a pre-bate to cover the costs of taxes up to the poverty level as determined by the Department of Health and Human Services. After all, “all men are created equal” and no person should be forced to pay taxes on items of necessity.
The Fair Tax will create unrivaled economic growth (over 11% higher, 10 years from passage, than today), unprecedented job growth (10 years after passage, a rate of 9% higher than today), income from employment up 27.4% the first year and 41.2% higher in year 10 from passage, and 41.2% higher domestic investment 10 years from passage than today's level. This is due to the fact that workers are no longer penalized for working harder or for high achievement and the lack of corporate taxes that will reverse the outsourcing of American jobs overseas to areas with lower taxes on corporations.
Corporate taxes in reality are another way to tax the citizens of our country as around 22% of the current cost of items directly relate to taxes that are paid for during the manufacturing process due to materials or personnel. Corporations simply pass on the taxes they are required to pay onto the consumer. Corporate taxes stunt economic growth, limit job production, and make our products less competitive in world markets because of the embedded 22% tax rate.
For brevity, I have only touched on the some of the main aspects of the Fair Tax. For more information please visit FairTax.org. I ask that you formally place your support behind the Fair Tax to stop an oppressive and inefficient tax collection system. I eagerly await your response on this important issue. Thank you for your service to our state and country. Your support for the Fair Tax will keep Texas in the forefront of positive change in American politics.
