There is a way to abolish the IRS and never have to file another income tax return; or company tax 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!

Congress is reviewing a bill right now that would eliminate the IRS and eliminate income taxes, corporate taxes, death taxes, estate taxes, etc. It's called the FairTax Act and I am here to tell you it is not only fair, it would definitely solve our country's economic woes in short order. First I do want to say that The FairTax is violently resisted by a vocal minority precisely because it will do what it claims in eliminating the IRS, the more than $300 billion in tax return filing costs, and the blatant 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 on your receipt in plain English so you can see it.

Currently you are paying those taxes when you purchase something, but they are hidden in the cost of the item all along the manufacturing line from the raw materials to the packaged end product. Those are called embedded taxes because they are hidden from your view. Under the FairTax Act, you would be paying the exact same price for a gallon of milk, but the gallon would have a lower shelf price and the consumption tax would be added at the cash register and printed on your receipt.

Is the FairTax actually fair?

Yes, the FairTax is fair. In fact, it is really much fairer than the current income tax. You get to control exactly how much tax you pay by deciding which items you are going to purchase. The rich buy more expensive items that other individuals. The FairTax taxes them on these 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 the consumption tax on their income at the cash register when they use it to buy something. And yes, the government would still get as much tax revenue as they do now, but it would cost us a lot less to run the government.

The FairTax would have a positive effect onAmerica's economy.

By removing the tax penalty for working harder and producing more income, American businesses will experience a new era of expansion and economic growth. Hidden taxes disappear, Americans can save more, and companies invest more. As proposed, the FairTax would bring American companies back home because it would no longer be an advantage to have U.S. companies in foreign countries paying low wages to workers for jobs that Americans should be doing here at home for a fair wage.

Workers would bring home exactlywhat they earn.

the FairTax would put more money in the pockets of every U.S. citizen by removing the income tax. There would be no deductions from what you earn to pay federal taxes, Social Security or Medicare. If you earned $100 you would get paid $100. Companies would no longer be weighed down with paying added taxes on employee 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 run just like it does today, with the exception that its funding would come from a consumption tax, rather than a payroll tax.

Employers would continue to send in reports of the wages they pay to individual employees to the Social Security Administration simply for the calculation of benefits. The transition to a reformed Social Security system would be eased while ensuring there is sufficient funding to continue paying promised benefits.

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

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 essential goods and services [medicine and groceries], and every wage earner is no longer subject to the most burdensome tax of all, payroll taxes.

The FairTax protects senior citizens.

Seniors do very well under the FairTax. Low-income seniors get better benefits under the FairTax than underthe current income tax system. Some people incorrectly believe that people who live exclusively on Social Security pay no taxes. Those people might not be aware of it, but they are paying hidden corporate income taxes and employer payroll taxes when they buy anything. With 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 purchases, for taxes paid on the cost of necessities.

Yes, The FairTax CAN become law! The FairTax has taken it upon itself to build grassroots alliances and a grassroots movement 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 their congressional representatives correct 90 years of wrongs done by the income tax.

Do this RIGHT NOW to ensure this bill gets passed.

First, go to the website FairTax.org and sign the petition to let Congress and the President know that you demand this bill gets passed into law. When visiting the FairTax website, look at the congressional scorecard to see whether your state congressional representatives support this bill. If they don't, write them a letter and demand they vote for this bill and that you will be watching this scorecard to see how they stand come election time.

Second, buy and read The FairTax Book: Saying Goodbye to the Income Tax and the IRS by Neal Boortz and Congressman John Linder. Read it so you 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 company owners and individuals manage their income to achieve financial freedom. To learn more about the Money Management Software she created, watch the FREE 5-minute demo video on her website at www.MoneyMgmtSolutions.com