| Line 19: |
Line 19: |
| | | | |
| | ===1986-2005=== | | ===1986-2005=== |
| − | | + | [[Image:FairTax vs. Tax Code 2.jpg |thumb|300px|Congressman [[John Linder]], one of the strongest proponents for the FairTax, illustrates the size of the current tax system vs the FairTax method]] |
| | The Fair Tax was designed by [[Americans for Fair Taxation]] (AFFT), which is led by businessman Leo Linbeck<ref> Just how fair is the ‘FairTax’ CNN Money, September 2005, http://money.cnn.com/2005/09/06/pf/taxes/consumptiontax_0510/</ref>. Linbeck stated that Americans have to pressure the government to come up with a better way of taxation, he said, “It is painfully obvious that [[Washington, D.C.]] insiders so closely linked with the status quo cannot be trusted to overturn the corrupt system of federal taxation. This effort will have to be driven by the American people<ref>Americans For Fair Taxation http://boortz.com/nuze/200510/10132005.html</ref>." The organization hired experts to look into an idea for a better tax system, they spent 23 million dollars in coming up with the idea of the Fair Tax. Their findings were combined into a book, “The FairTax Book: Saying Goodbye to the Income Tax and the IRS,” which Linbeck co-authored with Republican Congressman<ref> “The Fair Tax Book”,2005, http://www.amazon.com/Fair-Tax-Book-Saying-Goodbye/dp/0060875496/ref=sr_1_1/102-3275846-3467353?ie=UTF8&s=books&qid=1184106196&sr=1-1</ref> | | The Fair Tax was designed by [[Americans for Fair Taxation]] (AFFT), which is led by businessman Leo Linbeck<ref> Just how fair is the ‘FairTax’ CNN Money, September 2005, http://money.cnn.com/2005/09/06/pf/taxes/consumptiontax_0510/</ref>. Linbeck stated that Americans have to pressure the government to come up with a better way of taxation, he said, “It is painfully obvious that [[Washington, D.C.]] insiders so closely linked with the status quo cannot be trusted to overturn the corrupt system of federal taxation. This effort will have to be driven by the American people<ref>Americans For Fair Taxation http://boortz.com/nuze/200510/10132005.html</ref>." The organization hired experts to look into an idea for a better tax system, they spent 23 million dollars in coming up with the idea of the Fair Tax. Their findings were combined into a book, “The FairTax Book: Saying Goodbye to the Income Tax and the IRS,” which Linbeck co-authored with Republican Congressman<ref> “The Fair Tax Book”,2005, http://www.amazon.com/Fair-Tax-Book-Saying-Goodbye/dp/0060875496/ref=sr_1_1/102-3275846-3467353?ie=UTF8&s=books&qid=1184106196&sr=1-1</ref> |
| | | | |
| Line 27: |
Line 27: |
| | | | |
| | ===2005-2007=== | | ===2005-2007=== |
| − | [[Image:FairTax vs. Tax Code 2.jpg |thumb|300px|Congressman [[John Linder]], one of the strongest proponents for the FairTax, illustrates the size of the current tax system vs the FairTax method]]
| + | |
| | Former Federal Reserve Chairman, [[Alan Greenspan]], called for a federal sales tax to replace the broken income tax in 2005. "Since the exemplary 1986 reform, the tax code has drifted back to be overly complicated and burdened by higher marginal rates and by many special provisions that have undesirably narrowed the tax base," Greenspan stated at a Presidential Advisory counsel<ref>Greenspan: "Consumption Tax COuld Help Economy",http://www.foxnews.com/story/0,2933,149298,00.html</ref>. | | Former Federal Reserve Chairman, [[Alan Greenspan]], called for a federal sales tax to replace the broken income tax in 2005. "Since the exemplary 1986 reform, the tax code has drifted back to be overly complicated and burdened by higher marginal rates and by many special provisions that have undesirably narrowed the tax base," Greenspan stated at a Presidential Advisory counsel<ref>Greenspan: "Consumption Tax COuld Help Economy",http://www.foxnews.com/story/0,2933,149298,00.html</ref>. |
| | | | |
| Line 38: |
Line 38: |
| | == Support== | | == Support== |
| | | | |
| | + | [[Image:Fairtaxb.jpg|right|thumb|200px| A FairTax bus during a rally at the 2007 [[Republican]] [[Iowa Straw Poll]].]] |
| | The main support for the Fair Tax comes from the [[Republican Party]] as well as [[Libertarian]]s. Conservatives have continued to push for Republican presidential candidates to support the congressional Fair Tax bill, one such group was set up in Indiana, ‘Hoosier for Fair Taxation’<ref>”Fair Tax Supporters Vent Frustration”, June 2007, http://www.theindychannel.com/news/13651607/detail.html</ref>. <ref>”FairTaxer's continue to “flex their muscles”, July 2007, http://www.fairtax.org/site/PageServer?pagename=news_feature</ref>. | | The main support for the Fair Tax comes from the [[Republican Party]] as well as [[Libertarian]]s. Conservatives have continued to push for Republican presidential candidates to support the congressional Fair Tax bill, one such group was set up in Indiana, ‘Hoosier for Fair Taxation’<ref>”Fair Tax Supporters Vent Frustration”, June 2007, http://www.theindychannel.com/news/13651607/detail.html</ref>. <ref>”FairTaxer's continue to “flex their muscles”, July 2007, http://www.fairtax.org/site/PageServer?pagename=news_feature</ref>. |
| | | | |