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Advocacy group: Tax system ‘hurts the economy’

April 9, 2009 by  

Tax system 'hurts the economy,' says advocacy group.As the deadline for filing income tax returns approaches, an organization dedicated to promoting a fairer tax system has said the present tax law confuses taxpayers and damages the economy.

According to Ken Hoagland, national communications director of FairTax.org, taxpayers nationwide become victims of the complex and "indecipherable" rules and regulations each year resulting in millions of dollars spent on tax expert services.

However, the impact on the economy is far greater, he suggests.

"American job growth has all but disappeared, [yet] we continue to tax every hiring decision by requiring employers to pay half of Social Security and Medicare taxes," he wrote in a statement, adding, "Our tax system drives American jobs offshore and undermines American competitiveness."

To remedy the situation, FairTax.org proposes a shift in federal taxation from earnings to consumption and giving the middle class significant relief.

It also blasts the "billion dollar a year, recession-proof lobbying business in Washington" that pushes for special interests loopholes as well as the "industry" of advocates, scholars and specialized publications that has grown around them.

FairTax.org is a grassroots campaign to win a progressive national retail sales tax to replace the income tax system.
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  • s c

    It should be obvious by now that our tax federal codes are not designed to help. They are designed to intimidate. No rational human can justify such a time-consuming, wasteful abomination.
    It might employ thousands of (government) employees, but its true value is closer to that of an American version of Hitler’s Gestapo.
    At some point, people will become sufficiently enraged to demand that the system be abolished. Until then, we will continue to suffer at the hands of those who do NOT care [our half-@##*$ 'leaders'].

  • Fed Up Gal in NM

    I’ve decided to support the Fair Tax plan. Personally, I won’t mind paying a reasonable tax on purchases….but I do mind paying taxes into a huge money pit for politicians to use as their own version of a Petty Cash box to help them get re-elected! The current tax system is a bunch of garbage; the Fair Tax plan seems (at least to me) to be not only fair, but also looks like it will be what stimulates the economy….unlike these stupid bailouts!

    To be honest, I was skeptical at first….but after researching the plan and the grass roots efforts at bringing this out into the daylight…so rationally thinking folks can read it for themselves…at least then whatever they decide….will be an informed decision! UNLIKE the current Health Care Halloween Reform plan which even our leaders have not read in full!

    I can’t wait for the next ABQ tax tea party!

    Here’s a link if anyone wants to get started on researching the Fair Tax plan for themselves.

    http://www.fairtax.org/site/PageServer?pagename=about_main

    Fed Up Gal

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