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<p>[QUOTE=&quot;yakpoo, post: 6569403, member: 18157&quot;]The Fair Tax is an ongoing legislative initiative (HR 25) to repeal the 16th amendment and replace it with a national retail sales tax (not a VAT).</p><p><br /></p><p>The Fair Tax provides a &quot;prebate&quot; that eliminates taxation below the poverty line...while removing the 23% embedded income tax in American made products (both domestic and abroad). </p><p><br /></p><p>It imposing a 23% tax on imports...to pay for the infrastructure foreign companies use, but don&#039;t pay for. It also imposes a 23% tax on criminals while reducing the tax burden on law-abiding U.S. citizens.</p><p><br /></p><p>The Fair Tax FULLY FUNDS Medicare/Medicaid and Social Security while removing all reporting overhead and intrusion associated with the Income Tax. As Gov. Huckabee puts it...it turns April 15th in to just another beautiful spring day!</p><p><br /></p><p><a href="https://www.fairtax.org" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.fairtax.org" rel="nofollow">http://www.fairtax.org</a></p><p><br /></p><p>I&#039;m not suggesting that the Fair Tax is the best (or only) answer, but it&#039;s certainly an idea worthy of Congressional debate.[/QUOTE]</p><p><br /></p>

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