Fair Tax Nation

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

Update: FairTax Hearing in House Ways and Means Committee

These are exciting days for FairTax.
The House Ways and Means Committee has taken up consumption taxes by holding two
panels one on FairTax HR 25 and the other on the VAT. (As of today there is no
bill in the House proposing a VAT)
The Democratic minority have invited Mr. Bruce Bartlett to speak in opposition to the
FairTax. My understanding is Bruce Bartlett has no formal economic training. He
has a masters degree in history and his graduate paper was on the culpability of
the U.S. in starting WWII.

Dr. David Tuerck and Dr. Laurence J. Kotlikoff will speak on behalf of the
FairTax. Both have already written papers debunking Bruce Bartlett's
Tureck'sRebuttal of Bartlett.pdf
Mike Huckabee will also be testifying on behalf of the FairTax.
Details on the hearing FairTax hearing below. Please
submit your comments on the FairTax and/or VAT using the link at the bottom of
the page. Remember your comments will be part of the public record.

Thank you to the volunteers who have contacted the members of the House
Ways & Means Committee to invite them to attend the hearing! I believe that
each member of the committee has been contacted by a volunteer from FairTax at
least once.

The hearing is only the beginning! We need to make sure we
follow up on this hearing and the others to follow. As you know FairTaxers will
be in Washington DC this week personally visiting congressional offices, talking
to Congressmen and staff during Storm the Hill. Monday is the last day to secure
tickets for the special FairTax tour of the capital if you wish to participate
in this special event. Details on www.FairTaxNation.com

We need your help! Please call, fax, visit your local Congressional offices this week
and ask your Congressman to cosponsor the FairTax. Phone lines into Washington
DC have been jammed with debt ceiling concerns and other topics so your best
option my be to call local offices.

Questions? Just ask!


Jul 26, 2011

Focus Of The Hearing:
The hearing will
consider separately two different consumption tax models. One panel will examine
the advantages and disadvantages of a VAT, whether as a supplement to or full
replacement for existing taxes. Another panel will discuss the policy arguments
for and against adopting the FairTax as a replacement for existing federal
taxes. The hearing will explore the economic impact of consumption tax systems,
as well as issues surrounding administration and compliance.

Camp Announces Hearing on Tax Reform and Consumption-Based Tax
Witness List:

Please note that start time and order of panels
are subject to change to accommodate witness travel schedules. In view of the
limited time available to hear witnesses, oral testimony at this hearing will be
from invited witnesses only. However, any individual or organization not
scheduled for an oral appearance may submit, in accordance with the procedure
outlined in the hearing advisory, a written statement for consideration by the
Committee and for inclusion in the printed record of the hearing.

PANEL (FairTax):

Mr. Mike Huckabee
former Governor of

Dr. Laurence J. Kotlikoff
Professor of Economics, Boston
University, Boston, MA; accompanied by Dr. David Tuerck,
Executive Director,
The Beacon Hill Institute, Professor and Chairman, Department of
Suffolk University

Mr. Bruce Bartlett
Columnist, Tax Notes, The Fiscal
Times, Contributor, The New York Times

PANEL (Value Added Tax):

Mr. Michael J. Graetz
Columbia Alumni Professor of Tax Law, Columbia

Dr. Rosanne Altshuler
Professor and Chair, Economics
Department, Rutgers University, New

Dr. Robert J. Carroll, Ernst &
Young LLP

Mr. Jim White, Director
Tax Issues, Government
Accountability Office

Dr. Daniel J. Mitchell
Senior Fellow, Cato

Dr. Simon Johnson
Ronald A. Kurtz Professor of
Entrepreneurship, Sloan School of Management, Massachusetts Institute of
Technology, former Economic Counselor and Director of the Research Department at
the International Monetary Fund

Click here to provide a
submission for the record

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