From the Great Falls Tribune....Montana
June 14, 2010
The FairTax is exactly what Montana and our country need to create jobs and restore the power of government to the people.
Imagine keeping every dime of your paycheck. No federal income tax taken out, no Social Security or Medicare tax taken out, no taxes on business and no taxes on investment income. In addition, you would get a monthly payment to cover taxes on all necessities up to the poverty level. All of this would be replaced with a consumption tax of 23 percent on new purchases only.
Now imagine how businesses based overseas would react to a country that does not punish them for creating jobs. A country that says, "Hey, if you come here and open a business, we will not tax you." Businesses from all countries would flood into the U.S. to base their operations. One would literally have to hide under a rock in order to avoid getting a job.
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