Quote Originally Posted by Judy View Post
Just a note to anyone who is interested about the vehicle of the FairTax to resolve trade deficits.

There is nothing in THE TEXT OF H.R. 25 (the fairtax) to stop Congress from laying and collecting taxes which may be calculated from profits, gains, salaries, and other incomes.

We don’t need 134 pages of legal mumbo jumbo [H.R.25] to reform our federal tax system. We only need to adopt the Fair Share Balanced Budget Amendment which begins:


The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay ``any`` tax or burden calculated from profits, gains, interest, salaries, wages, tips, inheritances or any other lawfully realized money




JWK