There is a surefire way to get rid of the IRS and never be required to file another personal income tax return; or corporate return for that matter! Every dollar you earn you would get paid; no taxes withheld. You absolutely have the power to make this a reality!

There is a tax bill before Congress right now that would get rid of the IRS and eliminate corporate taxes, personal income taxes, estate taxes, the death tax, etc. It's called the FairTax Act and I am serious when I tell you not only is it fair, it would definitely solve our country's economic problems overnight. First I do want to say that The FairTax is violently resisted by an extremely vocal few precisely because it will do what it claims in eliminating the IRS, the greater than $300 billion in tax return filing costs, and the insidious corruption of the current system. Here's a brief overview of what it is all about.

What kind of tax is the FairTax?

The FairTax is a consumption tax that is paid when you purchase something new. It is a transparent tax: it means that the tax will be printed on your sales receipt in plain English so you can see it.

Right now you are paying those taxes when you purchase something, but the taxes are hidden in the cost of the item by all of the goods and services that go into making that item from raw materials to packaged product. Those are called embedded taxes because they are hidden from your view. Under the FairTax Act, you would pay the exact same price for a loaf of bread, but the loaf would have a lower shelf price and the tax would be printed on your receipt when it is added at the cash register.

Is the FairTax actually fair?

Absolutely. The FairTax is very fair. In fact, it is really much more fair than the current income tax. You can control how much tax you pay by deciding what things you are going to purchase. Wealthy people buy more expensive items that other individuals. The FairTax will tax them on those purchases.

Illegal aliens and tourists, who currently pay no taxes, would be paying their fair share every time they buy something. Anyone who gets cash income and never reports it on an income tax return would have to pay taxes on that income when they spend it at the cash register. Yes, the government would continue to get as much tax revenue as they currently get, but it would cost us a lot less to run the government.

The FairTax would have a positive effect onthe U.S. economy.

With the penalty for working harder and producing more removed, U.S. businesses will experience a new era of expansion and economic growth. Hidden taxes are history, Americans can save more, and companies invest more. The FairTax, as proposed, would bring American companies back home because it would not be an advantage to have U.S. companies in overseas countries hiring workers for low wages to do jobs that Americans should be doing here at home for fair wages.

Workers would bring home exactlywhat they earn.

It would put more money in the pockets of every American by eliminating the income tax. There would be no deductions from the amount you earn to pay federal taxes, Social Security or Medicare. If you earned $100 you would get paid $100. Businesses would no longer be saddled with paying added taxes on their employees wages for Social Security/Medicare.

The FairTax has a positive effect on Social Security/Medicare.

Under the FairTax Act there would be plenty of money available for both these programs. Like all federal spending programs, Social Security would operate just like it does today, except that its funds would come from a consumption tax, rather than a payroll tax.

Employers would continue to report the wages they pay to each employee to the Social Security Administration simply for the calculation of benefits. The move to a reformed Social Security system is eased while ensuring there is sufficient funding to continue paying promised benefits.

The FairTax protects low-income and lower-middle-income individuals and families.

in the FairTax Plan, poor people pay zero net FairTax up to the poverty level! Every household receives a prebate check each month equal to the FairTax paid on crucial goods and services [groceries and medicine], and every wage earner is no longer subjected to the most oppressive tax of all, payroll taxes.

The FairTax protects senior citizens.

The fFairTax does a good job of protecting senior citizens. Low-income seniors are much better off under the FairTax than underthe current income tax system. There are some who mistakenly believe that people who live only on Social Security pay no taxes. Those people might not know it, but they are paying the hidden corporate income taxes and employer payroll taxes when they buy anything. Under the FairTax, seniors pay $0.23 out of every dollar they choose to spend on new goods. In addition, seniors, like everyone else, will receive the monthly prebate check, in advance of making the purchases, for taxes paid on the cost of necessities.

Yes, The FairTax CAN really be passed into law! The FairTax has undertaken to build a grassroots movement and grassroots alliances to support the effort. However, this will only happen when the American people unite behind the effort, throw off the yoke of income tax slavery, and demand that Congress correct 90 years of wrongs done by the income tax.

What you can do RIGHT NOW to make sure this bill gets passed.

First, sign the FairTax on-line petition at the FairTax.org website to let Congress and the President know that you demand this bill gets passed into law. While you are on the website, view the congressional scorecard to see whether your state congressional representatives support this bill. If they are not a supporter or co-sponsor, send them a letter and demand they vote for this bill and that you will be monitoring this scorecard to see how they voted come election time.

Second, read The FairTax Book: Saying Goodbye to the Income Tax and the IRS by Neal Boortz and Congressman John Linder. You need to understand what this bill actually says. The book is easy to understand. Then give it to a friend to read and ask them to pass it on, too.

Sandra Simmons, President of Money Management Solutions, has years of experience helping professionals and individuals manage their money to reach their financial goals. To learn more about the Money Management Software she created, watch the FREE 5-minute demo video on her website at www.MoneyMgmtSolutions.com