The Palm Beach County Tea Party hosted a presentation by Michael Eason of the Florida FairTax Educational Association in Boca Raton last night. Eason was peppered with questions from a skeptical crowd as to how the FairTax would benefit Americans as a whole, with special concern for seniors and the poor.
The FairTax is a proposal before Congress which would change the way Americans would pay the taxes to fund the U.S. Government. The proposal is revenue neutral, meaning it does not propose to increase or decrease taxes. It's purpose is to replace all federal income and payroll based taxes with a national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue replacement, and, through companion legislation, repealing the 16th Amendment.
The FairTax of 2013 (HR 25) was introduced by Republican Representative Rob Woodall on January 3, 2013 and is currently in the House Committee on Ways and Means. It has 73 co-sponsors in the U.S. House and has an identical bill (S. 122) in the U.S. Senate filed by Republican Senator Saxby Chambliss of Georgia with 8 co-sponsors in the U.S. Senate. Unfortunately the FairTax has yet to collect the steam needed to propel the bills out of committee until U.S. citizens demand for genuine change to the U.S. tax system.
2012 Libertarian Party presidential nominee Gary Johnson was the only presidential candidate talking in support of the FairTax. Republican Mitt Romney and Democrat Barack Obama were for keeping things the way they are.
In Florida the following U.S. House members have co-sponsored HR 25: Jeff Miller (R - 01), Ted Yoho (R-03), Ander Crenshaw (R - 04), Ron DeSantis (R – 06), John L. Mica (R - 07), Bill Posey (R - 08), Richard Nugent (R-11), Gus M. Bilirakis (R – 12), Dennis Ross (R – 15), Thomas J. Rooney (R – 17),Trey Radel (R-19).
Although the FairTax is federal legislation, it would affect the individual states including Florida. Governor Rick Scott has not come out in full support of the FairTax, nor has Charlie Crist, however Adrian Wyllie has come out in support so long as the 16th Amendment is repealed at the same time.