The Fair Tax: Georgia Senate Measures

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Published: July 19, 2009

Senate Resolution 503
By: Senators Shafer of the 48th, Hudgens of the 47th, Hill of the 32nd, Pearson of the 51st, Smith of the 52nd and others

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 Sixteenth 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 enact laws adopting the Fair Tax, abolishing the Internal Revenue Service, and repealing all income, payroll, and inheritance taxes.

BE IT FURTHER RESOLVED that the members of this body express the willingness of the Georgia General Assembly to repeal all state income and inheritance taxes and adopt a consumption based tax modeled after the Fair Tax.

BE IT FURTHER RESOLVED that the members of this body urge the United States Congress to submit to the several states an amendment to the United States Constitution repealing the Sixteenth Amendment and providing for limited taxation power over consumption.

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.