South Carolina Senators Jim DeMint and Lindsey Graham are planning on sponsoring a bill in the US Senate to end the Income Tax. It appears to be a decent plan that would provide real reform to the sad state of our Income Tax system.
"There is a growing urgency and consensus that the tax code is killing our ability to compete in the global economy," Mr. DeMint said. "It's as if we have huge signs on our beaches saying, 'Take Your Business Somewhere Else!'"
"Tax reform," the senator added, "has never been more relevant."
Sadly, it doesn't resemble the bill in the US House of Representatives, H.R. 25 - The Fair Tax Bill. This is a beautiful plan that economists and politicians have been considering and honing for about 20 years. Find information at http://www.fairtax.org/
2 comments:
Apparently the end of taxation is "in the cards," so to speak. See The Christian Prophet blog:
http://christianprophecy.blogspot.com/
OK, ummm, thanks for stopping by I think...
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