Most people see the prebate as just a way to untax the poor; or to convert a generally regressive sales tax into what we will come to know as the (progressive) FairTax. Those are all great and wonderful reasons to enact the FairTax but for some people it just isn’t enough. Well, let me say that the FairTax is much, much more than just that.
Let’s look at it from another angle. The prebate does what was mentioned above, and effectively I might add, but it also promotes a smaller, more effective government. How?? You ask? By closing the loopholes that the current (and any other income) tax system leave wide open to corruption.
Loopholes in the tax system allow lobbyists to lobby for tax breaks, they allow politicians to pick winners and losers (at our expense), and they cost taxpayers money (as opposed to saving us money, which is the reason for having them). See: Solyndra!
Politicians have long lost their sense of direction. At one time, politicians worked for “We the People” of the United States of America. Now, it seems they care only about making money to fund their vices and illicit habits. The FairTax prebate eliminates the loopholes that those corrupt politicians exploit for their own money-making purposes. By eliminating those loopholes, the lobbyists who lobby for tax breaks have no power in DC and the politicians they employ have no strings to pull.
Join FairTax.org, FairTaxNation, and FiveforFairTax in reducing the lobbying power in DC and promoting a smaller, more effective, more efficient government that works FOR us, not against us. And please, contact your Congressman today to let them know that you fully support the FairTax.
More great prebate facts here: http://fairtaxer.com/fairtax/the-fairtax-prebate/