Tuesday, April 10, 2007

Congress...On the Income Tax

Pay particular attention to # (8).

In 2002, HR 2525 entitled The Fair Tax Act, began with these words, "Congress finds [emphasis added] that the Federal income tax: (1) retards economic growth and has reduced the standard of living of the American public; (2) impedes the international competitiveness of United States industry; (3) reduces savings and investment in the United States by taxing income multiple times [emphasis added]; (4) slows the capital formation necessary for real wages to steadily increase; (5) lowers productivity; (6) imposes unacceptable and unnecessary administrative and compliance costs on individual and business taxpayers; (7) is unfair and inequitable; (8) unnecessarily intrudes upon the privacy and civil rights of United States citizens [emphasis added]; (9) hides the true cost of government by embedding taxes in the costs of everything Americans buy; (10) is not being complied with at satisfactory levels and therefore raises the tax burden on law abiding citizens; and (11) impedes upward social mobility."

Above are the findings of CONGRESS. Ask yourself, are they not in basic agreement with the Tax Honesty Movement? The fact is, not even our Government believes in the Individual Income Tax anymore. The charade must end.