Our Finances:The Fair Tax Grassroots Movement

I admit it.  I hadn't heard of an alternative tax plan since the days of Jack Kemp and his 'flat tax' proposal.  So when I read that Kathryn Nusbaum will speak at Penn State Behrend in Erie, PA, on Thursday, Nov. 12, 6:30 to 8:30 p.m. and that her topic is  "An Alternative to Stimulating the Economy," I was intrigued.

The Behrend School of Business Speaker Series gives a bio of Nusbaum, CPA, CFP, MBA  whose fee-only company, Managing Middle America, is based in Pittsburgh, PA,and includes a synopsis of her topic.  See the quote below.

           "The FairTax is a non-partisan, grassroots effort to replace our existing complex and convoluted   income tax code with a simple, fair and transparent national consumption tax. Kathryn Nusbaum, CPA, CFP® will walk you through the mechanics and benefits of the proposal. The mechanics include a national retail sales on new goods and services as well as a monthly rebate that will ensure that no American will pay taxes on basic necessities. The benefits include enormous tax compliance savings as well as setting the stage for a massive re-awakening American manufacturing – including jobs. Her discussion will include the impact from the perspective of poor, middle class as well as wealthy Americans. This will be an exciting discussion around the history of our convoluted income tax system and what we can do to dismantle the confusion while galvanizing the economy at the same time."
(www.erie.psu.edu/academic/business/speakers/index.html).

If the concept interests you, access http://www.fairtax.org/ or other sites listed on various search engines. Kathryn Nusbaum can also be reached at info@MiddleAmericaPlanning.com.