8 things that we could change about Tax Day forever

  • by:
  • Source: Fox News
  • 04/22/2024
April 15 has just passed. Most of us are taking a breather. It doesn’t have to be this way. The FairTax Act which has been before Congress for 25 years would fund the government with no extra effort from any of us than just paying a sales tax whenever we buy new goods or services. No one would ever have to know what we pay or when we pay. 

What else would happen? 

1. The economy would explode. Trillions of dollars offshore would be repatriated, because there would be no tax event in doing so. A study shows that capital spending in the first year after passing the FairTax would increase 70%. That increases productivity, and it is estimated that the GDP would grow in the first year by 10%. That begins to save Social Security and Medicare. Additionally, the ceiling on contributions to those programs disappears and illegal immigrants and the underground economy pay into the system. 

2. Manufacturing would return to the U.S. Former Ways and Means Committee Chairman Bill Archer often quoted an informal study of a large number of international businesses that are headquartered overseas. 

Tax season by Olga DeLawrence is licensed under Unsplash unsplash.com

Help FAIRtax Become The Number One Issue in 2024

Enacting the FAIRtax must be a prominent topic in these times. We did it before, we can do it again, but we need your help!

Help out with a One-Time Contribution

Your gift of $25, $50, $100 – even $1,000 or more if you can possibly spare it – will help FAIRtax.org bring an end to the IRS and promote a FAIRtax. So, I urge you, please give as generously as you can.

Billing information (REQUIRED)

Payment information (REQUIRED)

To donate by check:
Americans for Fair Taxation
PO Box 4929
Clearwater, FL 33758

If you need to make changes to your existing Monthly Re-Occurring Donation with new card or billing address information, then Please call Adam Yomtov our New York State Co-Director. He is assisting with the administration of our donations, technology services, and website.

Please note: Inputting your new information at our website won't update your donation. The only way to update is by calling Adam Yomtov 917-689-3931 mobile.

Americans for Fair Taxation® is a 501(c)(4) non-profit, non-partisan grassroots organization solely dedicated to replacing the current income tax system with a fair, simple and transparent national consumption tax – the FAIRtax® Plan. We rely entirely on contributions from concerned citizens like you who want a tax system that will generate jobs and stimulate the economy. Welcome to the FAIRtax team!