My favorite solution to the issues we face as a country!

I read this book early in 2008! It represents proposed legislation that would address many of the difficult issues we face as Americans.

In short, FairTax is a 23% embedded tax. That means it DOES NOT increase taxes on goods as some would argue!

FairTax gets rid of the IRS. That means- your "take home" is your entire paycheck. You have NO WITHHOLDING unless you direct to retirement, etc.

Companies gain things like FICA matching helping them to be more competitive, plus they benefit from no taxes (NO IRS).

The government would increase it's tax base by collecting from 75 million foreign visitors annually who would be paying 23% on items/services purchased in the USA. Illegally gained money would now be taxable on goods and services purchased. (ie, drug dealer buys a new car and pay taxes).

There are some additional penalties to people in the country illegally that would encourage their proper immigration!

Don't take my word for it, read the book! I believe this has the power to be the best legislation passed in our lifetime!