FairTax Presented To Ways & Means Committee

Testimony of Karen Walby, Ph.D. Chief Economist Americans For Fair Taxation Before the House Committee on Ways and Means Hearing on Fundamental Tax Reform January 20, 2011.

It’s the first baby step towards real tax reform. There’s still a long long way to go for the grass-roots to gain some momentum. Pulling H.R. 25 out for a fair hearing is still a long way off. The politicos in Washington still seem hell-bent on bending the current tax code some more. Even to the extent of having a V.A.T. on top of the current income tax system, which would be doing a Kevorkian on the U.S. economy.

Link: http://bit.ly/hZHeuU

One thought on “FairTax Presented To Ways & Means Committee”

  1. It was, as it turns out, presented to the committee in written form by Dr. Karen Walby. She was not, unfortunately, given time before the committee to give her testimony and field questions. Instead, it was submitted in writing. The link to that transcript is provided.

    That is why I added ‘Pulling H.R. 25 out for a fair hearing is still a long way off.’

    It was only a baby step.

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