HR 25 The Fair Tax

Liberty
1

Enact HR 25 the fair tax. This is the most simple and comprehensive way for us to reform our tax system. The legislation has been active for over 25 years and already has support from a large number of states.

Each year this legislation goes to Congress, but never makes it from committee. It is extremely simple and would have extreme growth result.

In summary, it abolishes the IRS, and converts all taxation to non-income based. Specifically national consumption tax. We would never want to have a VAT and Income mix system like Europe that has consumption and income taxes. But implementation of this legislation along with President Trump’s tariff plan may be an even better solution.

This solution bring us back to the constitution where the federal government raising revenue as it was supposed to be. Not on the back of the people and their productivity, but on the back of society consumption as a whole.

Tax on Income in any form is always slavery , if the tax is on income, it is always oppressive and it is always slavery. We have a set set of constitutional obligations that the government delivers unto its people, they should not be standing next to us every time we earn a dollar to collect their share. It turns us into feudal farm tenants dutifly paying their owner every time they produce another bushel of corn. No tax should ever be on income. It should be abolished, and we should write another amendment preventing its return.

We should make our number one goal removing tax on income from everywhere.

Not only does it free up the citizens to unlimited potential without the government stepping in to take their share, but it also ends all of the class warfare that has been dominating the the messages of the left, paralyzes people with envy and greed instead of understanding the most fair way is not based on how much income someone makes, but how much we spend. The text of the legislation describes a very simple inherently fair system in which the rich pay more taxes because they spend more, and the poor pay less taxes because they spend less. There’s nothing for political parties to used to put us against each other. In fact, in the plan, the poor are completely unburdened by any tax underneath the poverty level.

This policy doesn’t have to be detailed anymore than it is already detailed in HR 25. It needs the support of the Congress and of these committees along with the president to take us to a whole new level of prosperity.

3 Likes
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I am for ending the entire Federal tax system and replacing it with either a national Fair tax, or a national Flat tax for final use products.
Flat Tax - If the tax is found to be 20% (need Constitutional amendment so it is extremely hard to incrementally change it), the person who buys a new Jeep Wrangler for $40,000 pays $8000, total $48,000. Remember you are keeping all of the other Federal taxes you currently pay. The person who buys a new Bugatti Veyron for $1,700,000 pays $340,000 in taxes, total $2,040,000. There are safeguards to prevent the poor from paying the tax. I read an article a long time about “value-added” (hidden) taxes. Do you know if you buy a dozen eggs, you are paying at least 59 value-added taxes. The farmer who grows the corn that is fed to the chickens that lay the eggs pays property taxes, maintenance costs on the equipment, fertilizer costs, employees wages and insurance, insurance, etc. and all of that is folded into the cost of his crop. The same thing for the company that buys the corn and makes the feed, the company that raises the chickens and produces the eggs, the store where you buy it, and the trucking companies that move it all from point A to B to C to D, etc.

The Fair tax is a little different, maybe it is 15% for items under $50,000, 19% for items between $50.001 and #250,000, and %25 over $250,000. (need Constitutional amendment here also)

There are 3 key points, 1) it does not matter HOW you make your money, legally, or illegally, money is worthless if you don’t spend it (up for debate but might have an exemption for approved donations.), 2) there are no “loopholes” that the wealthy can exploit. and 3) You can get rid of MOST of the IRS, all they need is a sales tax division, which they already have.

As for State taxes, find a state with the tax you approve of and move there. That is the reason we have states.

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I have been an advocate for the Fair Tax for a long time. Taxation is a complex issue, exemptions for one thing or group but not another.
As long as we completely end the current tax system and implement a “Fair Tax” system in one day, I support it.
The biggest challenge is trying to make concept of a fair tax understandable to the average person. There are a few provisions in the Fair Tax I’m not 100% in favor of, but no one likes paying taxes.