A FAIRtax LTE
---------------------------------------------------------
“The Fair Tax is Better
“What happens when the IRS and all nine different taxes on income are eliminated and replaced by the Fair Tax? We keep 100% of our salaries. We no longer spend $200 billion annually to comply with the tax code. There is no tax code. We pay taxes only when we buy new goods and services at the retail level. We save $10 billion annually on IRS salaries.
“A provision in the Fair Tax called “prebate” makes all spending on basic necessities tax free. The federal government has calculated the annual cost of basic necessities for everyone, from a single individual to a very large family.
“To assure all spending on basics is tax free for everyone, once a year every family will send the names and Social Security numbers to the Treasury Department. Assume a family of four needs $28,000. They spend the $28,000. But in doing so, they pay the consumption tax of 23%, which totals $6,440.
“Provided all Social Security numbers are valid, the Treasury sends them 12 monthly payments of $536. For any spending over $28,000, they pay the 23% tax and get no rebate.
“Joseph Ryan, Homosassa”
---------------------------------------------------------
Thank you, Mr. Ryan, for taking the time to submit your letter to the editor of the Citrus County Chronicle. Letters to the editor are a great way of spreading the FAIRtax word and can be more effective than expensive paid media.
In my community, there are no more print newspapers, but there is an online “paper” that most residents read. Submitting content is easy and gladly published. If you want to publish a letter to your editor, your best bet is to go on the paper’s website and look for “contact” or “submit content.”
Let me know if you have successfully published a letter to your editor. We would love to feature it.
Jim Bennett
AFFT Grassroots Coordinator & Secretary🇺🇸 Call For Pictures & WriteUps - When others see your activity, they are inspired, the process snowballs and Representatives, Senators and, yes, even the President start to listen to you and me. Please send your material to me at Jim.Bennett@FAIRtax.org.
🇺🇸 The Official FAIRtax Store - Don’t forget to order your FAIRtax gear from the FAIRtax Store.🇺🇸 We've Got You Covered, If You Let Us Know - If you are planning an event, we have event insurance coverage available for you. Email me the "who-what-where-when" and I will obtain for you a COI. Once the event is underway, it's too late.