[Congressional Record (Bound Edition), Volume 157 (2011), Part 4]
[House]
[Page 5104]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              THE FAIR TAX

  (Mr. WOODALL asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. WOODALL. Mr. Speaker, I rise today as tax day is fast 
approaching. We've heard a lot about the budget that's being introduced 
today. I'm a proud supporter of this budget because in this country we 
don't have a revenue problem; we have a spending problem. But what we 
do have is a problem with the way that we contribute revenue to this 
country.
  There is a better way, and it is called the Fair Tax. The Fair Tax 
will take the burden off American taxpayers paying on what they earn 
and change it to a burden on what they spend. The power to tax is the 
power to destroy, and when we tax income and productivity, we destroy 
that income and productivity.
  Do you want to talk about jobs in this country? Do you want to talk 
about a magnet for jobs in this country? The Fair Tax is the only bill 
in Congress that abolishes every single corporate tax break, tax 
loophole and tax preference. It abolishes the corporate income tax rate 
and tells international businesses they can locate here with the most 
powerful, hardest working workers on this planet.
  Folks, H.R. 25, the Fair Tax, is a better way. As you fill out your 
tax forms this year, think about how we could do it differently next 
time around.

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