[Congressional Record Volume 156, Number 94 (Tuesday, June 22, 2010)]
[House]
[Page H4654]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1900
                              THE FAIRTAX

  (Mr. GRAVES of Georgia asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. GRAVES of Georgia. Mr. Speaker, Americans are overtaxed. The Tax 
Foundation estimates that it took American workers over 3 months this 
year to pay their share of local, State, and Federal taxes, and this 
Congress has raised taxes over $500 billion on the American people so 
far.
  You know, enough is enough. We need to reduce spending and then focus 
on reforming the tax code with a fairer, simpler system. That's why I 
have cosponsored H.R. 25, the FairTax. The FairTax eliminates income 
taxes, estate taxes, capital gains taxes, Social Security, Medicare, 
and self-employment taxes and replaces them with one simple retail 
sales tax. Workers will keep 100 percent of their paychecks, and a new 
set of winners and losers will be there. The winners being the 
taxpayers, and the losers being the government.
  The FairTax is common sense and abolishes the IRS, making April 15 
just another day on the calendar, and maybe one day, we can pass a 
suspension to recognize that great accomplishment. Lower taxes, less 
government, and personal responsibility--that's a recipe to getting 
this economy back on track.

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