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Viewpoints: Letters / Opinions

FairTax
By Glen E. Terrell

 

April 04, 2013
Thursday PM


Have you completed your 2012 income tax form(s) yet? How long did you spend gathering all your receipts needed to prepare your income tax return? If you prepared your own tax return how much more time was required? If you engaged a professional tax preparer, how much did it cost you? Just complying with the income tax is a real burden. Doesn't this bother you just a little bit?

In a FairTax White Paper written by Karen Walby, Ph.D. and revised in 2012 one finds for every $4 paid in income tax by individuals it costs the tax payer $5. For businesses it's even worse; it costs the business $143 to send $100 to Uncle Sam. A staggering $431 billion annually is wasted just paying our tax bill. And the mental anguish for months and lost sleep; it's so unnecessary. If the income tax was replaced with the FairTax, the government receives the same tax money, we don't waste $431 billion annually, no tax return forms to complete and April 15 becomes just another nice spring day. Yes, we can have this.

Call and email your representative and senators; tell them you want the income tax replaced with the FairTax.

Submitted by:

Glen E. Terrell
ggeett37 [at] gmail.com
Arlington, TX

Received April 02, 2013 - Published April 04, 2013

 

 

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