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          <title>WashingtonWatch.com - S. 296, The Fair Tax Act of 2009</title>
          <link>http://www.washingtonwatch.com/bills</link>
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<title>Comment by Clifton McWilliams (July 27, 2009, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/show/111_SN_296.html#63303</link>
<description>Since the bill would create 10-20 million new jobs, from US investors and foreign investors I don't unstand how anyone in the government could possbily vote against this bill....</description>
<guid isPermaLink="false">63303@http://www.washingtonwatch.com</guid>
<pubDate>Mon, 27 Jul 2009 00:00:00 EDT</pubDate>
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<item>
<title>Revision by webmaster (March 11, 2009, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/111_SN_296.html?rev=41276</link>
<description>&lt;p&gt;S. 296 would promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Fair Tax Act of 2009 - Repeals the income tax, employment tax, and estate and gift tax. Redesignates the Internal Revenue Code of 1986 as the Internal Revenue Code of 2009.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 1/22/2009: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

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<guid isPermaLink="false">41276@http://www.washingtonwatch.com</guid>
<pubDate>Wed, 11 Mar 2009 00:00:00 EDT</pubDate>
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<title>Comment by jjohnson (February 7, 2009, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/show/111_SN_296.html#51203</link>
<description>I am amazed at the number of people voting against the support of a Bill that would promote the most fair and advantageous system of taxation for all US citizens.
1.) The Fair Tax bill would be a dollar for dollar replacement of the current tax system based on the consumption of product rather than income. Since we all know that the US economy is a consumer driven economy, there is little doubt that it would work. 2.)It would generate taxes from the &quot;economic underground&quot; (illegal immigrants, drug dealers, etc.) who currently do not pay income tax, but would contibute to our tax base if they paid a consumer tax on all of the goods that they buy. 3.)It would bring most of our jobs that have been shipped overseas back to our own shores by eliminating imbedded taxes at each level of production, repealing the payroll tax, and making manufacture in the US more economically advantageous for foreign investment.Go to the site www.fairtax.org to read the economic studies that support this....</description>
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<pubDate>Sat, 07 Feb 2009 00:00:00 EST</pubDate>
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<item>
<title>Revision by webmaster (January 23, 2009, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/111_SN_296.html?rev=37460</link>
<description>&lt;p&gt;S. 296 would promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to update the status of the bill!)&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">37460@http://www.washingtonwatch.com</guid>
<pubDate>Fri, 23 Jan 2009 00:00:00 EST</pubDate>
</item>
<item>
<title>Revision by webmaster (January 23, 2009, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/111_SN_296.html?rev=37461</link>
<description>&lt;p&gt;S. 296 would promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.&lt;/p&gt;


&lt;h2 id=&quot;toc8&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc9&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 1/22/2009: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc10&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc11&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">37461@http://www.washingtonwatch.com</guid>
<pubDate>Fri, 23 Jan 2009 00:00:00 EST</pubDate>
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<item>
<title>Status as of January 22, 2009</title>
<link>http://www.washingtonwatch.com/bills/show/111_SN_296.html</link>
<description>1/22/2009: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.</description>
<guid isPermaLink="false">42705@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 22 Jan 2009 00:00:00 EST</pubDate>
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