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8.2.05

Fair Tax supporters beware

Ron Paul introduced the following bill on 26 January 2005.

H.J.RES.14 : Proposing an amendment to the Constitution of the United States relative to abolishing personal income, estate, and gift taxes and prohibiting the United States Government from engaging in business in competition with its citizens.

It currently has one co-sponsor, a man from Arizona named Jeff Flake.

As irrelevant as this may seem, it is anything but for those who support the "Fair Tax" plan. A national retail sales tax plan can only work if the IRS is eliminated and the 16th amendment is repealed. Anything short of the trifecta will leave the American people worse off than before, and would make the Fair Tax bill a trojan horse worse than any we've ever seen.

According to the lack of support for H.R. 14, it appears as though the "conservative" House of Representatives isn't all that interested in eliminating the personal income tax.