letter to the editor

David Boone: FairTax proposal offers fairness and simplicity

2013-12-12T00:15:00Z David Boone: FairTax proposal offers fairness and simplicityBy David Boone | Houston, Minn. La Crosse Tribune
December 12, 2013 12:15 am  • 

Income tax code regulations have ballooned in excess of 75,000 pages, and the Internal Revenue Service has selectively persecuted groups that the administration deems to be political foes.

Everyone knows the federal income tax is broken beyond repair.

Rep. Dave Camp, R-Michigan, chairman of the House Ways and Means Committee, recently said the objective of his committee was to begin with a blank page to fix revenue collection. But what I hear out of the committee does not truly start with a blank page.

The FairTax, on the other hand, is the only proposal before Congress that does away with the income tax code.

The homework on true tax reform has already been done. A group of Texas businessmen decided at lunch one day back in the 1990s to fund an open-ended study of what the best federal tax system might look like, and contracts were let to some of the best economic minds in the land to answer that question.

It bears reiteration - no specific preconditions were imposed except for some very general parameters such as growth, fairness and simplicity. The result was the FairTax.

In a time when the approval rate of Congress hovers in single digits, Americans understand that their interest is taking a back seat to special interests. That point seems to me as unarguable as the need to do away with the income tax.

Copyright 2015 La Crosse Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

(10) Comments

  1. SherryB
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    SherryB - December 22, 2013 6:37 am
    Personally, I think our country could do with just a little less "consumption" and a little more "production". Look at us, we are a nation of fat, sick, weak people who are discouraged from producing (labor and exercise), and encouraged to consume (buy junk and eat). Our REAL jobs and wealth, the manufacturing industry, has been driven out (because they are being punished for producing), and in its place are the national retailers supplying foreign manufacturers a steady pipeline into the U.S. American consumer's pocket. But how can a country survive that doesn't produce anything tangible of value? Pushing papers around, selling cheap junk, serving food - those jobs don't build wealth for a nation. Our standard and cost of living here is too high for people to earn livings in those industries, especially since the taxpayers are making up the difference for those low wages through welfare and earned income credit. We NEED our manufacturing jobs back.
  2. cva1enta
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    cva1enta - December 17, 2013 4:42 pm
    ahasp, you'll have to explain how the FairTax taxes the middle class more than the wealthy. What do you think the wealthy do with their money if not spend it? It has to be spent eventually. Truth is as wealth decreases purchases of "used" goods increases. Used goods are not taxed at all under the FairTax. Used cars, houses, and even clothes fall under this. Ultimately the tax curve will look like this http://www.fairtax.org/images/content/pagebuilder/Prebate_2013_FAQ.png

    Very fair, very progressive.
  3. Tim Russell
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    Tim Russell - December 14, 2013 8:07 am
    A Report by the Heritage Foundation made the following assessment of what the original Bush tax cuts would mean for the economy and federal budget:
    • Under President Bush's plan, an average family of four's inflation-adjusted disposable income would increase by $4,544 in fiscal year (FY) 2011, and the national debt would effectively be paid off by FY 2010.
    • The net tax revenue reduction, after accounting for the larger tax base that would result from higher employment and faster economic growth under the Bush plan, is $1.1 trillion from FY 2002 to FY 2011, 33.4 percent less than conventional static estimates.
    • The plan would save the entire Social Security surplus and increase personal savings while the federal government accumulated $1.8 trillion in uncommitted funds from FY 2008 to FY 2011, revenue that could be used to reform the Social Security and Medicare systems and reduce the payroll tax
    Studies can be erroneous.,
  4. kelsco2
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    kelsco2 - December 13, 2013 12:54 pm
    With the Fair Tax payroll taxes are eliminated, which is the most regressive tax we have. It is a transparent tax rather than many hidden taxes currently being paid by consumers unknowingly. The consumer is able to control their tax bill. If you want or feel you need a $50,000+ vehicle when a $20,000 will do you will pay more tax. The rich will want or feel they need that $50,000+ vehicle. It captures taxes now being avoided from illegal activities. But one of the most important aspects of the Fair Tax is the major loss of influence in Congress of the special interests groups.
    The Fair Tax will also stimulate the US economy by making US produced goods less expensive and more competitive worldwide. Bringing jobs back to the US. This would be good every US citizen.
  5. mturner1004
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    mturner1004 - December 12, 2013 8:21 pm
    Until we get rid of all career politicians, we will have a problem. They are making a career out of being in office, which the founding fathers never intended. They wanted good leaders to come to Congress for a term, doing their duty to their country (same as Jury duty) then go back to their lives, when someone else comes to do their duty to country in Congress. As long as they have the power and people don't do anything but revote them back in, we will never have the fair & honest government, our founders intended.
    The Fair tax, is as good as it gets, everyone pays according to their ability.
  6. ahasp
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    ahasp - December 12, 2013 4:34 pm
    The problem with the iteration of the FairTax as it is described now on fairtax.org is that it is a consumption tax. As a result, it is regressive and specifically targets the middle class. While it does offer a "prebate", which helps the poor, wealthiest Americans will pay a far lower tax rate on their income than middle class Americans, because the middle class Americans use a larger portion of their income for consumption than do the rich. Another problems with the FairTax is that by taxing consumption, it will also decrease consumption and economic growth.
  7. Bev4FairTax
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    Bev4FairTax - December 12, 2013 1:29 pm
    FairTaxHR25 is a well researched tax code designed to restore and grow America's economy and equally important, a revolutionary method to restore liberty by ending the IRS. For ten years Dave Camp and the House Ways and Means Committee have studied FairTaxHR25. Testimony before HWM provides irrefutable research demonstrating FairTax superiority over the income tax and flat tax. (Testimony at www.fairtax.org.) In the 1st year of passage, Real GDP grows 8%, Job Growth 12%, Investment 75% and Wages increase 10%.With 74 cosponsors and sound research why aren't Camp and HWM members vigorously promoting FairTaxHR25?
    Power, money and influence. No one wants to kill the golden goose.
    While the income tax exists, the IRS will be used by the powerful to stay in power. ("The Political Economy of the IRS" and Schweizer's Extortion) IRS cannot be fixed. The president would appoint the oversight board. Foxes protecting chickens. Call Camp 202-225-3561 Demand support for FairTax HR25 End IRS.
  8. tower
    Report Abuse
    tower - December 12, 2013 1:27 pm
    I went to Mr. Parrish's website. Seems like a nice enough guy. I am sure he doesn't beat his dog or family but he is just what we don't need, another right wing nutjob. They only position that was even sane was his views on same sex marriage and relationships. (He is for the issues being left to the individual.) The rest of his positions are going to do a lot to beat the common man and instill a "I got mine, you go play with yourself" attitude that baggers and conservatives love.
  9. Napoleon
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    Napoleon - December 12, 2013 10:54 am
    The FairTax ain't really fair, as most of you know by now. So here is my FairerTax plan:

    * 30% for the top twenty percent, no off-shore tax dodges, no exemptions, period.

    * 0% for everybody else--call it demand-side economics! No taxes for demand creators!

    That's fairer than what we have now. Ask Warren Buffet, he'd agree:

    "BUFFETT: Actually, there’s been class warfare going on for the last 20 years, and my class has won. We’re the ones that have gotten our tax rates reduced dramatically."

    Warren Buffett: "So, if there’s class warfare, the rich class has won."

    http://www.facebook.com/notes/i-acknowledge-class-warfare-exists/warren-buffett-so-if-theres-class-warfare-the-rich-class-has-won/279033498791565

    The top Christian leader blasts the rich for their greed:

    "Pope Francis attacks mega-salaries, wealth gap"

    http://worldnews.nbcnews.com/_news/2013/12/12/21876326-pope-francis-attacks-mega-salaries-wealth-gap

    Keep cheatin' the workers and ye shall burn in hell!
  10. Glen T
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    Glen T - December 12, 2013 9:29 am
    Mr. Boone has the "FairTax birth story" and it's "early years" just right. But is should have become the "Law of the Land" before now. It's been in the Ways and Means committee filing cabinet for over 10 years! Members of this committee, and many other congressmen, are enemies of the American people.
    If the FairTax was adopted ALL CONGRESSMEN will have given up much power and ready access to much money for their re-election war chests. We will have to elect new people to congress to get the FairTax adopted but then we need to do that even if the FairTax wasn't on the table. Now we have very good justification to "throw all the bums out."
    Electing Phillip C Parrish to the US senate would be a good start. He is a real patriot and FairTax supporter.
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