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Taxes, Jobs, and the Economy

Fred Thompson Embraces FairTax

The FairTax, a non-regressive national retail sales tax designed to replace the income tax system and all payroll taxes, has recently seen five of eight GOP candidates and one Democratic candidate for President, Mike Gravel, state their willingness to sign FairTax legislation into law, if elected President.

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Potential GOP Presidential candidate Fred Thompson has also recently signaled his willingness to support the FairTax. in a letter to the national FairTax campaign's chairman, Leo Linbeck,

"Mr. Thompson noted in his letter the strong grassroots support he has witnessed as he travels the nation," said Ken Hoagland of FairTax.org. "Wresting control of the tax system away from an army of Washington, D.C. tax lobbyists requires the kind of grassroots wildfire the FairTax campaign is producing.

Public response has been so strong and so broad we believe this campaign is now on the verge of becoming a powerful national movement," said Hoagland. "We welcome to our campaign Republicans like Senator Thompson, Democrats, Independents and the growing number of Americans who have given up on any political party," said Hoagland.

"We are grateful that former Senator Thompson has signaled his willingness to take on the tax lobbyists and help fix, as a citizen or as a presidential candidate, what every American knows is a badly broken federal tax system," Hoagland said. "We welcome his support of the FairTax and will be posting Mr. Thompson's letter on http://www.fairtax.org." said Hoagland.

Mr. Thompson's letter is below.

August 10, 2007

Mr. Leo Linbeck, Chairman
Americans for Fair Taxation

Dear Leo:

I've appreciated seeing the Fair Tax folks when I'm out on the road, as well as their enthusiasm when they've come to my events. Although I wish they'd get my good side when they roll their cameras!

My staff and I have been working with Americans for Fair Taxation for some time now. We share the same belief that the next President should enact a fundamental overhaul of the tax code that makes it fairer, simpler,
and more pro-growth. There are a number of ways to do that, and over the years I've looked at many of them.

Congress must begin a serious consideration of real fundamental tax reform, rather than nibbling around the edges. I think the principles and ideas found in the Fair Tax are a good place to start, particularly given
the grassroots support it enjoys across the country.

Good luck in Iowa this weekend!

Regards,
Fred Thompson

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