National sales tax Will Lead to economic growth (ContributorNetwork)

The fair tax act is not a new concept, but he is the one which brought to steam in the last two weeks. Since April 15, to speak of a national sales tax took the center stage, and those who have everything to lose attempted to stem the wave of a realistic and objective feasible to eliminate the IRS and the income taxas we know.

The concept is simple. Everyone tax all also in all areas. The use of a national sales tax will be based on the products we use every day. It will be a consumption tax. More a consumer spends the they will pay more tax. A consumption tax, such as the fair tax would take taxes on the 23 per cent of the purchase price.

Workers would receive their money forward, when is paid because it would no longer be a federal tax taken out of their control. All government programs would be also paid for the use of the fair tax. This will be the Player helps the consumer market and it will lead also to the Americans in fact save money instead of spending and borrowing.

The fair tax will also address the issue of undocumented workers. These workers will now be paying taxes like everyone in the United States. As with any radical change in the Government, many Americans are reluctant to back the fear of the unknown fair tax.

Host of talk show radio and well respected finance expert Dave Ramsey is in support of the fair tax as well. Ramsey gave the best explanation in simple form when he responded to a question from a listener on the subject in his column in City Hall.

Ramsey is one of the many experts respected in the field of finance who extolled the virtues of the fair tax. With the fair tax policy will be cleaned up and unnecessary expense would be a thing of the past. It is foolish to think that the system would be perfect, but if we do not take this step now the old system may collapse in the near future.

The fair tax is a simple way and fair to put an end to all faults currently taken advantage by large companies and United States. Some large companies employ hundreds of tax lawyers to take advantage of the tax code to the United States obsolete and unfair.