Friday, February 8, 2008

Georgia Re. Paul Broun Becomes 69th FairTax Co Sponsor!!!

Great news on the FairTax front this morning!

Feb 6th, 2008


Congressman Broun Cosponsors "FairTax Act of 2007"; Calls
for
Elimination
of the Internal Revenue Service

Broun: "Adopting the FairTax and eliminating the
Internal Revenue
Service
are ideas whose times have come."

Washington D.C.- Congressman Paul Broun today announced his co-
sponsorship of H.R. 25, the "FairTax Act of 2007." This bi-
partisan
legislation
, which was introduced by Rep. John Linder (R-GA) and
Rep.
Dan Boren
(D-OK), repeals all corporate and individual income taxes
,
payroll
taxes, self-employment taxes, capital gains taxes, and gift
taxes in favor of the simpler, consumption- based FairTax. The
FairTax
would
be collected at the point of sale, and its adoption would allow
for the elimination of the excessively bureaucratic and needlessly
intrusive Internal Revenue Service.

"Adopting the FairTax and eliminating the Internal Revenue
Service
are
ideas whose times have come," said Broun. "For too long the
American people have been asked to comply with an incomprehensible,
loophole riddled, lobbyist friendly income tax code that makes it far
too easy for innocent taxpayers to find themselves left to the mercy
of a punitive Internal Revenue Service. By adopting the FairTax,
we
can
turn the tables and empower taxpayers to control how much of
their money they are willing to send to Washington while also
eliminating the need for the IRS. Switching to the FairTax
would
stimulate
our economy by promoting saving and by immediately lowering
the embedded costs of all goods and services. The FairTax is good
for
the
economy, and advances my goal of limiting the size and scope of
government's reach into people's lives. I am proud to co-sponsor
this
legislation
, and I commend Rep. Linder for leading the effort to pass
it."

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