Tuesday, August 29, 2006

Letter to Daily Journal on Fair Tax

The following is a letter that I sent to the Northeast Mississippi Daily Journal in support of the Fair Tax. If you are not familiar with HR 25, the Fair Tax bill, I encourage you to learn about the bill and the benefits it would bring to our country.

Dear Editor:

Americans should be concerned about the competitive edge that our tax system gives foreign manufacturers. We should no longer allow the income tax to make foreign-produced goods more competitive than our own.

Replacing the income tax with the FairTax, a highly progressive federal consumption tax, will end this practice and make American products 20 to 30 percent more competitive, both at home and abroad. What a break for U.S. Producers and consumers as well! Getting rid of the income tax will dramatically lower production costs in this country. And competition will ensure that these cost savings will flow, not only to the pockets of American manufacturers who will be able to create more and better-paying jobs, but also to the pockets of American consumers who will be able to buy more, save more, and invest more. This is just one of the many benefits of the FairTax.

It’s time to give American producers and consumers a break by passing the FairTax into law. I would encourage your readers to contact Americans For Fair Taxation toll-free at 1-800-FAIRTAX to learn more about the FairTax, or log onto their Web site at www.FairTax.org.

Congressman Wicker is on record as being in favor of the FairTax, however he has not signed on as a co-sponsor. If your readers agree that this bill would be great for our state and country, encourage him to become a co-sponsor. There are currently 54 members of congress that are co-sponsors of HR 25 and Congressman Wicker would be a valuable addition.

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