We, the Members of the World Taxpayers Associations, an organization comprising 37 member associations from 32 countries on six continents, hereby find that:

���� �����many countries with higher taxes on productive activity - work and investment - have lower rates of economic growth, and

���� �����the income tax has been shown to be one of the most economically destructive types of tax, and

���� �����countries that can redirect consumption towards investment will have higher growth in the long-run.

Therefore, be it resolved:

���� �����the Members of the World Taxpayers Associations applaud efforts in some countries to eliminate all taxes on income from work or investment and replace these taxes with a tax on consumption such as a national sales tax, and also applaud efforts to reduce income taxes in countries that do not completely eliminate income taxes, and

���� �����we strongly believe that all taxes must be visible to taxpayers. Politicians can not be allowed to impose taxes that are invisible to the public, and

���� �����in particular, we support the efforts of proponents of the �Fair Tax� in the United States of America. We believe that if countries would end their taxes on productive activity and adopt proposals such as the Fair Tax, they would see immediate marked increases in economic growth and development and the lives of all citizens would be bettered, and

���� �����for countries that do not replace their income taxes with a visible consumption tax, we suggest the alternative tax reform of a low flat income tax with a large personal exemption.

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Agreed to unanimously by the
Members� meeting of the World Taxpayers Associations

June 14, 2001, St. Louis, Missouri, USA

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