The economy is expected to grow by 10.5 percent the first year HR 25 is enacted. Exports are predicted to grow by 35 percent the first year. How is that for stimulus?
HR 25 has been shelved within the House Ways and Means Committee for many years. Dave Camp, the chairman of Ways and Means, has indicated they will be considering alternative tax proposals this year. He has assigned committees to study them.
The income tax lobby is the largest lobby in Washington D.C. Congressional members use it to buy votes and paybacks. It will take a grassroots movement to overcome that. Call your congressperson and demand they support the Fair Tax. See fairtax.org for more information.
Roy T. Newsom, Granbury