Utterly Meaningless

Huckabee’s got the right take on America’s “road to serfdom” via the Marxist income tax. (I might add that Mike Gravel (D) ALSO is RIGHT ON where his Democratic “politics-as-usual” fellow presidential contenders put their own power and ego needs before the needs of the country.)

Very simply, here is why the FairTax MUST replace the current U.S. income tax system. The FairTax is:

• SIMPLE, easy to understand
• EFFICIENT, inexpensive to comply with and doesn’t cause less-than-optimal business decisions for tax minimization purposes
• FAIR, loophole free and everyone pays their share
• LOW TAX RATE, achieved by broad base with no exclusions
• PREDICTABLE, doesn’t change, so financial planning is possible
• UNINTRUSIVE, doesn’t intrude into our personal affairs or limit our liberty
• VISIBLE, not hidden from the public in tax-inflated prices or otherwise
• PRODUCTIVE, rewards, rather than penalizes, work and productivity

Its benefits are as follows:

FOR INDIVIDUALS:
• No more tax on income – make as much as you wish
• You receive your full paycheck – no more deductions
• You pay the tax when you buy “at retail” – not “used”
• No more double taxation (e.g. like on current Capital Gains)
• Reduction of “pre-FairTaxed” retail prices by 20%-30%
• Adding back 29.9% FairTax maintains current price levels
• FairTax would constitute 23% portion of new prices
• Every household receives a monthly check, or “pre-bate”
• Pre-bate equals payback for taxes on spending to poverty level
• FairTax’s pre-bate ensures progressivity, poverty protection
• Finally, citizens are knowledgeable of what their tax IS
• Elimination of “parasitic” Income Tax industry
• NO MORE IRS. NO MORE FILING OF TAX RETURNS by individuals
• Those possessing illicit forms of income will ALSO pay the FairTax
• Households have more disposable income to purchase goods
• Savings is bolstered with reduction of interest rates

FOR BUSINESSES:
• Corporate income and payroll taxes revoked under FairTax
• Business compensated for collecting tax at “cash register”
• No more tax-related lawyers, lobbyists on company payrolls
• No more embedded (hidden) income/payroll taxes in prices
• Reduced costs. Competition – not tax policy – drives prices
• Off-shore “tax haven” headquarters can now return to U.S
• No more “favors” from politicians at expense of taxpayers
• Resources go to R&D and study of competition – not taxes
• Marketplace distortions eliminated for fair competition
• US exports increase their share of foreign markets

FOR THE COUNTRY:
• 7% – 13% economic growth projected in the first year of the FairTax
• Jobs return to the U.S.
• Foreign corporations “set up shop” in the U.S.
• Tax system trends are corrected to “enlarge the pie”
• Larger economic “pie,” means thinner tax rate “slices”
• Initial 23% portion of price is pressured downward as “pie”
increases
• No more “closed door” tax deals by politicians and business
• FairTax sets new global standard. Other countries will follow

Check out Gravel’s EXCELLENT YouTuber on the FairTax here:
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(Pay attention right at the end – THAT’s the PRICELESS truth of the matter.)

The Fair Tax is a tale told by an idiot, full of sound and fury, signifying nothing.

It has absolutely zero chance of ever being enacted. And Gravel is a bad joke.

And might I say of you, as demonstrated by your “tale” (posting):

An Idiot told by a tale, full of sound and fury, signifying nothing.

(Any idiot can sit around chanting “change is futile.” Even the guy holding the sign at a freeway exit ramp, stating “Will work for food,” is getting up off his ass – which is probably what you should be doing. Get away from that computer; do something productive.)

I’m not the one who spent 1000 words defending a joke of a proposal by that Nobel-winning economist NeAL Boortz.

I’m not the only one less than impressed. From Mises.org (that’s a real libertarian organization (as opposed to Boortz’s faux version):

The Fraud of the FairTax

The FairTax is not the solution. And because it allows the federal government to confiscate the wealth of American citizens less intrusively and more efficiently, it will become part of the problem—the problem of the ever-increasing, ever-intruding, ever-destroying welfare/warfare state. The FairTax is a fraud. Yet Boortz ties rejection of the FairTax to believing that America is a great country because of its government, “as so many politicians do.” Politicians who oppose the FairTax do so because they “thrive on dependency.”

The antidote to the fraud of the FairTax is a good dose of the wisdom of Murray Rothbard: “There can be no such thing as ‘fairness in taxation.’ Taxation is nothing but organized theft, and the concept of a ‘fair tax’ is therefore every bit as absurd as that of ‘fair theft.'”

Boortz believes that the abolition of the income tax will make the bad day of April 15 “just another beautiful spring day.” With its unsubstantiated claims, ridiculous lies, and numerous problems, the FairTax will ensure that everyday is a bad day, not just April 15.

The first step toward fighting tyranny (covert taxation; irresponsible spending) is to define the fraud. The FairTax exposes the taxing function to the “light of day” – the citizens will be able to “get the message” and will be empowered to go on to demand changes to GOVERNMENT’S behavior – rather than vice versa.

As things stand now, politicians use the income tax to divert citizen against citizen: rich against poor, special interest against the indifferent.

FairTax is but the FIRST step toward re-empowering the wage-earner (ALL taxpayers) and removing tyrannical power from the politicians.

Now, that isn’t so incomprehensible, is it?

Become part of the SOLUTION: Join the NEW AMERICAN REVOLUTION at:
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Enough spamming. Get your own blog.