Thursday, February 2, 2012

Fair Tax



The Fair Tax, with $20 million in research behind it



Fair Tax. Every Democrat who ran against the Fair Tax in the previous election, LOST. Heard on the Neil Boortz radio show on 1/18/12. Not verified.

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Fair Tax Flap:

The Herman Cain 9-9-9 plan. Critics like Bachmann see it as another tax stream for Congress that will never go away and likely to go up and up. Hard to disagree with that reasoning.

A solution: No more tax increases until the “specific tax bill” is put to a vote in a general election every two or four years. Of course, Congress has to agree to abide by this without conditions.

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Fair Tax. Bob Beckel, big time partisan Democrat, favors a flat tax and admitted that he did not know of the Fair Tax. When asked about it, he said: What is that? On Hannity Special from Atlanta. 10/7/11

The Fair Tax must be a very good idea if insiders “in the know” like Beckel are willing to say in public that they have never heard of it. Ditto other Democrat and Republican Senators when asked about the Fair Tax. Democrats in particular do not want to give away their ability to dole out US Taxpayer money for favors and votes, and that is what the Fair Tax would accomplish. The Fair Tax is worth implementing for that reason alone.

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Here is how you disparage the Fair Tax. Form a tax study commission as did Bush 43. Rewrite certain elements of the original Fair Tax. Add in some exemptions and other giveaways. Then determine that the Fair Tax will need to be set at around 34% to make it work, not 23%. At 23% …

• It will not be high enough to cover massive government spending

• Lower income groups will pay less in taxes than they currently pay

• There will be no money for our Legislators to spread around to buy votes and influence

This Fair Tax eye-opener is summarized from a radio conversation on the Neil Boortz radio show on 5/24/11 Boortz Knows.

How The Fair Tax Works:

• Enables workers to keep their entire paychecks
• Enables retirees to keep their entire pensions

• Refunds in advance the tax on purchases of basic necessities
• Allows American products to compete fairly

• Brings transparency and accountability to tax policy
• Ensures Social Security and Medicare funding

• Closes all loopholes and brings fairness to taxation
• Abolishes the IRS

Click Here to go to The Fair Tax.

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Notes from TheRightJack: Our [trusted?] members of Congress, as a rule, do not like The Fair Tax. It takes away their power to bring home the bacon with which they use to bribe their local electorate. Some members of Congress describe The Fair Tax as an added tax on top of the existing taxes. Wrong! Others just do not have a clue how it works. Those who favor The Fair Tax has said that IF we were starting over and took our current US tax code to Congress for adoption, it would get voted down in a heart beat.

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