Bill Text: GA SR566 | 2009-2010 | Regular Session | Enrolled
Bill Title: U.S. Congress; urged to adopt the Fair Tax Act
Spectrum: Partisan Bill (Republican 2-0)
Status: (Engrossed - Dead) 2009-04-01 - Senate Passed/Adopted [SR566 Detail]
Download: Georgia-2009-SR566-Enrolled.html
09 LC 94
0709
Senate
Resolution 566
By:
Senators Balfour of the 9th and Johnson of the 1st
ADOPTED
SENATE
A
RESOLUTION
Urging
the United States Congress to adopt the Fair Tax Act; and for other
purposes.
WHEREAS,
the Fair Tax Act abolishes all federal, personal, and corporate income taxes and
gift, estate, capital gains, alternative minimum, Social Security, Medicare, and
self-employment taxes and replaces them with one simple, visible, federal retail
sales tax administered primarily by existing state sales tax authorities;
and
WHEREAS,
the Fair Tax Act replaces federal income and payroll taxes with a progressive
national retail sales tax, ensuring no American pays federal taxes on spending
up to the poverty level, and repeals the 16th Amendment; and
WHEREAS,
during this economic crisis this act would relieve citizens from the burden of
the current taxing structure, allowing citizens to be equally taxed on what they
purchase, not on what they earn; and
WHEREAS,
the Fair Tax Act enables workers to keep their entire paychecks and permits
retirees to keep their entire pensions; and
WHEREAS,
this act dramatically lowers the tax rates for low income and middle income
families and makes taxes visible through abolishing hidden income and payroll
taxes in consumer prices; and
WHEREAS,
if passed, the Fair Tax Act would not only encourage, but allow for, families to
save more for home ownership, education, and retirement; and
WHEREAS,
this act refunds in advance the tax on purchases of basic necessities and allows
American products to compete fairly; and
WHEREAS,
the Fair Tax Act brings transparency and accountability to tax policy, acts to
ensure Social Security and Medicare funding, closes all current tax loopholes,
brings fairness to taxation, and abolishes the IRS; and
WHEREAS,
the Fair Tax Plan relieves citizens from a penalizing tax system and renews the
American dream as we continue to be competitive over the next
century.
NOW,
THEREFORE, BE IT RESOLVED BY THE SENATE that the members of this body urge the
United States Congress to adopt the Fair Tax Act.
BE
IT FURTHER RESOLVED that the Secretary of the Senate is authorized and directed
to transmit appropriate copies of this resolution to each member of the Georgia
congressional delegation.
