It's that bleak time of year again. Sitting at the kitchen table wringing your hands? Staying up late, lamenting over your newest tax liability and rushing around finding receipts? Do you believe you pay your fair share? Well, some people are not! Nearly $350 billion in taxes that should be collected isn't being collected - increasing the average annual tax bill of honest taxpayers by as much as 30 percent. And there's more. See what the federal tax system is really costing you with one of our newest updated papers: www.fairtax.org/pdfs/Tax_compliance_facts.pdf .
Thank you for your support. The all-encompassing solution, the Fair Tax Act of 2005, is currently before Congress. It abolishes all current income-based taxes, specifically the:
Individual income tax Alternative minimum tax (AMT) Corporate and business income taxes Capital gains tax Social Security tax Medicare tax Payroll tax Self-employment tax Death tax Gift tax
Please spread the word and encourage others to sign a petition or subscribe to our e-updates today!
Individual income tax