Many of you may have been listening to the news lately and you have heard a lot of talk about the VAT tax. As an ex-military spouse who lived in Germany for several years, the VAT tax is not a good thing. Please read the following from Gov. Huckabee. I became interested in the Fair Tax during the Presidential campaign in 2007. I am a state representative for the Fair Tax as well. That's how much I believe in the system. I pray you educate yourself and get involved.
April 09, 2010 - 03:45 PM
by Mike Huckabee
Folks, it is time we put the IRS out of business.
Together we can accomplish this goal if we work hard to elect a record number of candidates to Congress this November who support the Fair Tax or who are willing to learn more about it.
But before I explain how we do this, let me first - for those of you who are unfamiliar with the Fair Tax - briefly explain how it works.
You get rid of income tax.
You get rid of all the withholding.
You get rid of corporate taxes completely, totally. After all - those taxes are not really paid by the corporations. They're passed on to the customer with a 22 percent embedded tax in the system.
You eliminate that, which means the prices of what you purchase will go down.
You replace it with a 23 percent consumption tax. Now, that sounds expensive, but you only pay when you purchase something new, whether it's a product or a service.
Also, it's a completely transparent tax system.
It doesn't increase taxes. It's revenue neutral. It will bring business back to the United States that leaving our shores - our current, complicated, unfair tax laws make it impossible for an American-based business to compete with lower tax structures in other countries.
Political insiders will say something this "sweeping" will never be passed. They're wrong! With your help . . . it can - and it will.
I urge you to sign this petition to the Republican candidates running for Congress. Help us reach 50,000 signatures by April 15 > .
I have signed this petition and I hope and pray that you will add your signature next to mine.
Please click here to sign: Fair Tax Petition