Tax reform on the table
Tax reform is on the table in Washington. The last time tax reform really happened was in 1986. Now, the House Ways and Means Committee has selected their subcommittee to look at what we can do. They all have one thing in common that disqualifies them all. They cannot think outside of the box.
What this means is what we need will not be looked at. Instead, we will have what we had 30 years ago. And we know how THAT has worked out. In the 30 years since the last significant tax reform, there have been about 14,000 changes to the tax code. And we went from an adjusted 2 tax brackets to 7.
If our tax code was the Titanic, a similar solution like that done previously would be like rearranging the deck chairs on the doomed ship. We desperately need our legislators to be bold in their solutions. And the only tax “reform” plan out there that will finally FIX our tax code if we dare to be so bold is ready to go.
HR25/S18 FairTax Act of 2017 is ready to go. There is only one problem. Our politicians don’t really want to act on it. They think the American people aren’t awake enough to know that this plan is out there and that it is the solution.
Why, if the FairTax is so great don’t the politicians want it? 1. They lose power. 2. It takes away over 50 percent of the lobbyists out of Washington. valuable source of campaign contributions in exchange for favorable tax laws. 3. They don’t think you care enough to demand it.
So here is what needs to happen. We need to inform ourselves about the FairTax first. Do this by going to www.fairtax.org and read about it.
Then, Let your voice be heard by doing one of several things. Or a bunch of little things. E-mails, letters, make phone calls, vote on sites for the FairTax. But please, do something. This country was made great because when they needed to, people did something.
If we want to be free, we must free ourselves. If not for ourselves for future generations.
— Frank Gilbert of Fairborn