Tuesday, March 9, 2010

The Fair Tax

Now is the time for America to implement the FAIR TAX

The Fair Tax Repeals:

The individual Income Tax
The Alternative Minimum Tax
Corporate and business taxes
Capital Gains Tax
Social Security Tax
Medicare Tax (along with all other federal payroll taxes)
The self-employment tax
Estate Taxes
Gift Taxes

All of these are replaced with the FAIR TAX!

The FAIR TAX - Jobs – Stimulus – Recovery – Our Future

Congress is currently debating a jobs bill. The Senate version has a cost of $15 Billion; the House wants to spend even more. We do not need to spend billions of dollars on a jobs bill. We have a jobs bill; It is called THE FAIR TAX.

In early 2009 Congress passed what they called an economic stimulus bill. Now after billions of dollars being spent with little or no success, they are talking about another stimulus bill. We have a stimulus bill: It is called THE FAIR TAX.

Now more than ever we need to solidify our economic foundation. We need to increase our manufacturing industry and stabilize our agriculture industry. So far Congress has tried to throw money at the problem through bailouts and even taking over selected companies. We have a better way to create the solid economic foundation for generations to come: It is called THE FAIR TAX.

The FAIR TAX: The Key to Economic Stability and Growth.

The long term success of every economy is built on the foundation of wealth being created. The two industries that create wealth are Manufacturing and Agriculture. Because of our current tax laws, American Manufacturing is in decline. Companies are moving off shore to get away from an unfair and stifling tax burden that hinders the ability to compete in the world market.

The FAIR TAX would eliminate the embedded costs of the American tax code from the retail price, allowing corporations and businesses operating in the United States to sell their goods and services in a global marketplace with no tax component. This would immediately make America the world’s premier location for job creation. Companies would rush to our shores to build manufacturing facilities so that they could sell in a global economy with no hidden taxes inflating the prices.

With the FAIR TAX, with the American entrepreneurial spirit and the finest work force in the world, the United States will have the rock solid economic foundation for the 21st century.

The American Farmer feeds the world. No other country comes close to what our agriculture industry does. However, with the passing of each generation, too many farm families are forced to sell off sections of their land that they have owned for years to pay the inheritance tax. The FAIR TAX ends this death tax and allows these families keep their land and to continue to work their land keeping the United States and the rest of the world fed.

The creation of wealth, the foundation of our long term economic growth and success is all enhanced by the FAIR TAX.

And remember what this means to each and every American: no more individual income tax, Alternative Minimum Tax, corporate or business taxes, Capital Gains Tax, Social Security Tax, Medicare Tax, self-employment tax, Estate Taxes, or Gift Taxes. You bring home your entire paycheck- the FULL VALUE of your labor.

To learn more, go to the Fair Tax website.

1 comment:

  1. I love the simplicity of the FairTax. Congress would no longer be able to manipulate the tax code, because there would be none! The only control they would have is to increase the tax rate (discourage spending, encourage savings) or decrease the tax rate (encourage spending, discourage savings).

    It would make the real cost of government transparent to everyone. The thing most people have to come to grips with is that corporations don't pay taxes. They pass the costs on to their customers in the form of higher prices. So untaxing businesses is not so radical. It just reduces the price they have to charge for their goods and services.

    Some people might look at the 23/30% tax and say its a lot. Well guess what, thats what your government costs now, without hiding the numbers via the shell game that the government has been using for years. Its time we face facts and adopt this simple honest and fair system.

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