Saturday, February 7, 2009

FairTax-Part 1

Earlier this week, I finally received the last tax form I needed to complete my taxes.  Fortunately, I am getting both a state and federal tax refund.  

While it is nice to get a refund on my taxes, I would rather have all the money I earn in my pocket.  The FairTax accomplishes that.  I first heard about the FairTaxwhen I read Neal Boortz's book "Somebody's Gotta Say It."

I wanted to see if I would really benefit by the FairTax, so I used the FairTax Calculator.  According to the calculator, if the FairTax were implemented, I would have 4.34% more spendable income, $1763 more purchasing power, and $2198 less in Federal Taxes.  

I would encourage you to try out the FairTax Calculator.  If you find like I did that you would benefit from the FairTax, write your Congressman and ask them to support the FairTax.    


  1. with reguards to the comment you wrote about the Monkees,check out my latest a scream or at least I think so.

  2. thanks for the heads up, Mike. I almost missed that one

  3. Hello,
    I have started to examine the pros and cons of the FairTax. I would welcome comments from both sides of the debate. Thanks!
    Ken Spitze



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