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Written by Editor
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Friday, 27 August 2010 12:38 |
 Golden VIRGINIA BEACCH (August 27, 2010) - - Independent 2nd District Congressional Candidate Kenny Golden has come out 4-square for the Fair Tax and will host a tax forum town hall meeting, Friday, Sept. 3 at his headquarters in 4314 Holland Road.
Golden said, “This is a great opportunity for the public to learn how the Fair Tax would simplify their tax duties, eliminate the IRS, and reduce their tax obligations.
"Our current tax system is patently unfair and unequal. The middle class and small businesses shoulder too much of the burden, while large multi-national corporations are allowed to take advantage of lobbyist made loopholes and offshore tax havens. I sincerely believe that the quickest, most efficient way to fix our system is to eliminate all Federal income taxes and transition to the FairTax, a consumption based system,” Golden said.
The Fair Tax will:
- Allow you to keep 100% of your paycheck, pension, and Social Security payments·
- Free up time wasted on filling out cumbersome I.R.S. forms
- Exempt all taxpayers from federal taxation on the purchase of basic necessities
- Dramatically lowers tax rates for low-income and middle-income Americans
- Reduces the cost of goods and services by as much as 20%
- Make American products more competitive ? domestically and overseas
"The most important thing is that the Federal Government stays out of your paycheck. With a consumption tax, you are only taxed on things you decide to buy. If we go to this system, we will immediately have an explosion of business growth and consumer activity."
“This is a great opportunity to learn about the FairTax and discuss other options with fellow citizens,” Golden said. He added that the public is welcome to attend the town hall forum. “We will hold a volunteer training session at our headquarters Wednesday, Sept. 1 @ 10 a.m. or 6 p.m., call 757-454-6678 of email
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Golden is in a 3-way race facing off with GOP nominee Scott Rigell and incumbent freshman Democrat Glenn Nye.
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Last Updated on Monday, 13 September 2010 11:49 |