Those who frequent DowneastBlog know that I am an enthusiastic supporter of the FairTax, a proposal to abolish our current tax system and replace it with a national retail sales tax. I'm on their mailing list, and lately there has been some great news regarding the progress of this proposal. It has been officially proposed in the House by Rep. John Linder (R) Georgia, and in the Senate by Saxby Chambliss (R) Georgia and Zell Miller (D) Georgia.
Recently House majority leader Tom DeLay has gotten behind the FairTax bill, officially known as H.R. 25, and has made his intentions clear to put this bill on the front burner. This idea was once thought to be too radical to ever see the light of day, but it's acceptance in the house and senate has been impressive. In a recent meeting between congressman Linder and Alan Greenspan, Greenspan stated that he thought the proposal was a good idea, but that the biggest obstacle to its adoption would be governmental inertia. Indeed, such sweeping reforms are often seen as too difficult to pass, so it is very hard to get members of the legislative branch to act to further such a bill. However, with the current momentum of this bill, it looks like there is a good chance that this could happen. While there will be the usual opposition to those who prefer our current "progressive" system of taxation, the fact that H.R. 25 is designed to support all current government programs gives it a fighting chance of getting support on both sides of the aisle.
I encourage all of you to check out the FairTax website and look at the details of this proposal and get behind this revolutionary idea. I believe that it would have an incredibly positive effect on all Americans, and would go a long way to getting this country back in line with what it's founders intended.
No comments:
Post a Comment