Should the FairTax Solution be Part of Fiscal Cliff Negotiations?
With tax the big issue in "fiscal cliff" negotiations, would now not be the right time to take a serious look at the FairTax solution?
On Dec. 17, U.S. Sen. Saxby Chambliss, R-Ga., and U.S. Rep. Rob Woodall, R-Ga-7, sent a letter to the Joint Committee on Taxation to produce a revenue estimate of H.R. 25 and S. 13, the FairTax bill. According to a press release from Woodall's office, this estimate would allow the FairTax proposal to be considered during congressional negotiations for tax reform. “The current tax code has become too burdensome and complex, and is filled with provisions that benefit only a few Americans at the expense of everyone else. That’s simply not right,” said Chambliss. “Now is the time to enact the FairTax, which would create a fairer, simpler tax code that allows every American the freedom to determine his or her own priorities and opportunities…
Sharon Swanepoel
9:46 am on Thursday, February 14, 2013
An executive summary PDF has been uploaded at the request of Stephen Eldridge more ›