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Caroll – Iowa Congressman Steve King released the following statement regarding Income Tax Day, this year falling on Monday, April 17th:
“As disgruntled Americans fill out the endless pages of forms, write a large check to the U.S. Treasury, then stand in line to deposit our hard-earned dollars into the black hole of the mail slot, we are reminded of the money we make that we never see.
“But it’s more than just an annual annoyance. This year at tax time, as the debate about what to do with millions of illegal immigrants in this country looms over the nation, we are reminded again that our paychecks support millions of people who use our social services without contributing their portion of taxes.
“There is one way to solve this input-output imbalance. A tax system based on consumption, rather than productivity, would ensure that illegal aliens, criminals, drug dealers and those that make their living on the black market equally contribute to the system. When they purchase new homes, cars, clothes or services, these individuals will contribute their fair share to the federal treasury.
“The FairTax system has earned the support of Americans around the country who want a fairer simpler system of taxation. Not only will a national sales tax eliminate the IRS and its first lien on all productivity, it will guarantee that everyone who spends contributes to the government’s coffers. However, because wage earners would keep 100% of their paycheck, Americans can decide for themselves how much they will pay in taxes each year, providing a tax system that is fair for Americans at every income level. In addition to these benefits, under the FairTax, it will cost less for the federal government to generate the same amount of revenue.
“Washington has the opportunity to fundamentally change our burdensome and destructive tax code. When hard working Americans are freed from the income tax, Income Tax Day will become just another day.”
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