Tuesday, Oct. 1, 2013 | 2:02 a.m.
When family, friends and neighbors are signing up for food stamps and unemployment or your kids or grandchildren can’t find a meaningful job after college, it’s hard to swallow government claims about the economy improving.
There’s a reason why it’s hard to believe things are getting better. For the middle class and poor, the economy is not improving. After adjusting for inflation, today’s median income for family households is the same as in 1980. Since the 1970s, the median income for men working full time has remained stagnant. According to a recent New York Times story, 1.7 million Americans used government help to stay above the poverty level last year.
The FairTax HR25 would end the shell game of “Under which ‘fixed’ income tax plan do you get the best results?” End the income tax. According to a 2007 report from the Beacon Hill Institute at Suffolk University, 13.3 million more jobs would be created and wages would increase 10 percent in the first year under the FairTax.
For nine years, FairTax HR25 has sat in Dave Camp’s House Ways and Means Committee. Contact Camp (202-225-9679 or @RepDaveCamp) and demand the FairTax be brought to the citizens. It is our families — not the powerful members of Congress — who are suffering.