Fair Tax Nation

Replace All Federal Taxes on Income with the Fair Tax Act , HR 25

Seven candidates (R) running for VA 5th District seat say they support the Fair Tax. Who is using it for politics and Who is an advocate for Fair Tax?

http://www.vancnews.com/articles/2010/05/18/south_hill/news/news03.txt

CHASE CITY — Several locals throughout Mecklenburg County and the surrounding areas filled the seats of Robert E. Lee Center in Chase City for the 2010 Fifth District Congressional
Republican Party Debate among candidates, Laurence Verga, Ken Boyd, Ron
Ferrin, Senator Robert Hurt, Jim McKelvey, Michael McPadden and Feda
Morton. as radio personality of WCHV 1260 AM Joseph Thomas moderated the
event, each candidate had two minutes to answer several questions.


Fair tax

Thomas mentioned that many of the candidates supported the fair tax and asked would they elaborate on their plan to reduce the size of the government outside of eliminating the IRS. All seven Fifth District Candidates stated they were supporters of the fair tax.

Verga said he believes the fair and the flat tax are both great ideas in means to abolish the IRS, however he said the notion may take some time to process.

“I think we are a few years away because we have a majority of Democrats in the House and we
have a Democratic President,” Verga said. “At this point I think the fair tax is further along in its evolution, however until we get there we are in a crisis. In the tax system we have now, we need to reduce taxes and get people back to work.”

McKelvey said the fair tax is a must in the long-term to institute jobs in the United States.

“The IRS disappearing is a step in the right direction but it would be up to Congress to dramatically reduce the size of government,” McKelvey said.

“The reality is to increase revenue you decrease taxes,” said Ferrin. “To increase revenue you take the government out of the daily process and that’s what the fair tax will do.”

Boyd said he feels it would help the country balance trade and it will save money for the American
public.

“It’s going to put companies in the United States at a much better position to sell products overseas,” he said. “They won’t have the added accounting cost it takes to keep up with the income tax.It’s going to help. I think this is the single most thing to do to bring some companies back to the United States.”

“Before we can implement a fair tax, we would have to amend the Constitution and repeal the 16 amendment,” Morton said.

McPadden said when he began his campaign trail six months ago; he was the only candidate who initially supported the fair tax.

“The fair tax doesn’t address the budgetary issue problem,” McPadden said. “All it does is takes the power of the politics out of the IRS and the politicians hands. The current tax code that we live under now 69,000 pages of regulations is in a fact a flat tax. The flat tax is a terrible idea because we leave it in the hands of politicians.”


Who really knows what they are talking about?

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At any rate, I call this progress.

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