Fair Tax Leadership

Comment

Comment by Adrian B Early on January 29, 2011 at 11:41pm

Karen Wallby’s testimony to the House Ways and Means Committee http://fairtaxnation.ning.com/profiles/blogs/testimony-of-karen-wal... was that: 

                “The very nature of the income tax breeds complexity.”

We all know this.  Peruvian economist Hernando de Soto in his book written in 2000, The Mystery of Capital:  Why Capitalism Triumphs in the West and Fails Everywhere Else said: 

Before 1950, most Third World countries were agricultural societies organized in ways that would have made an eighteenth century European feel right at home… 

After 1950, there began in the third world an economic revolution similar to the social and economic disruptions in Europe in 1800…. 

…Peasants were not supposed to come to the cities looking for the twentieth century.  But tens of millions came anyway, despite a backlash of mounting hostility.  They faced an impenetrable wall of rules that barred them from legally established social and economic activities.   It was tremendously difficult for these people to acquire legal housing, enter formal business, or find a legal job. 

Red tape is a big part of why third world nations have been so “backward”.  Think what the US could do if we simplified the tax code. 

-ABE

Comment by Jeffrey Locke on January 4, 2011 at 4:01pm

It's going very well as the front page of the Joplin Globe in Missouri had the Fair Tax as the lead headline on Sunday. And we are having a January 20th meeting in Shawnee Mission, KS that will have both Missouri legislature and Kansas legislature attendees to discuss Missouri and Kansas ideas and developments. I just received a call from a board member that needs to be broadcast far and wide. Congresswoman Lynne Jenkins who was a cosponsor of the Fairtax in her freshman year but now has signaled that she will not cosponsor it in this her first congressional re-election. Burn up the phone lines and question her aides as to why she has weakened. We need her support to run the table and have all U.S. Congressman and Congresswoman as cosponsors in this state of Kansas.

Comment by Adrian B Early on January 4, 2011 at 11:29am

Jeffrey, I love that you all in Kansas are working on a state version of the Fair Tax http://www.fairtaxnation.com/profiles/blogs/new-site-and-recording-....  How is it going?  This should be a great model (or "test marketing") for the rest of "us", and "US". 

 

-ABE

Comment by Jeffrey Locke on January 4, 2011 at 10:32am

Adrian you are so right on target and here's my comment.

Only people can change things. And if things don't change it is the people who are to blame. So seeing this as a personal challenge what can you do?

Impact your circle of influence. Your family, friends and work associates.

And if you cover that just try running for your local precinct committeman and precinct committeewoman seat where you reside.

More on that later if what I have stated makes sense to those gathered here...

Comment by Adrian B Early on January 3, 2011 at 1:27pm

This came out today: 

 

"The Contract from America Foundation today applauds soon-to-be House Speaker John Boehner and the new Congress for
listening to the American people and requiring that each bill introduced
identify the specific provision of the Constitution that gives Congress
authority to do what the bill does.  This idea was the top vote-getter
(82% support)..."  

 

We should also ask if existing amendments meet the intention of the original Constitution.  The 16th does not, so should be repealed, along with the income tax it would have authorized if validly ratified. 

 

Folks can get involved even at the state level signing initiatives to repeal this un - American power grab and become informed about the Fair Tax despite politicians seeking to silence this due to conflicts of interest (against Americans).  We can send a message they are unable to ignore, and also restore some at least of America's former economic leadership. 

 

-ABE

Comment by Adrian B Early on December 5, 2010 at 4:39pm

Posted at http://www.facebook.com/pages/The-Fair-Tax-the-Real-Stimulus-for-Am... on Facebook:

The inputs to production are land, labor, and capital.

Income and payroll taxes tax labor. Business taxes tax capital. The Fair Tax taxes neither. Only consumption.

Present taxes tax only AMERICAN production, not foreign. The Fair Tax taxes foreign goods and services (and American) when consumed. It DOES NOT tax production of goods and services for export.

Taxing consumption is better than taxing American production.

That is why the Fair Tax is the "Real Stimulus for America".

Comment by Adrian B Early on November 29, 2010 at 10:28pm

There are a few key insights “related” to statements in this article http://finance.yahoo.com/news/Bernankes-True-Intentions-etfguide-34...:

According to Bernanke (quoted in the Washington Post), inflating stock prices is the golden grail of today's monetary policy: 'Higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion.

Bernanke may have seen the same reality that I have (though it WILL NOT lead to any virtuous cycle increasing labor – based “incomes”) that capital (stock valuation) is increasingly the source of buying power. Unlike me, government is not telling folks that. But government also benefits from “stock” inflation when people sell. They tax the inflated “prices” (when people sell) just as gleefully as “real” market returns.

3) Artificially depressing interest rates takes away wealth from savers and distributes it to borrowers. Who are today's savers? Retirees and near-retirees. In fact, this group accounts for more individuals (and lost spending power) than ever before.

Government likes to buy votes and confiscate money. The key thing is that government should not (in my view) be picking winners and losers. Government is the leading debtor (presently benefiting from low interest rates).

On August 26 - the very day muni bonds and 30-year Treasury Bonds (NYSEArca: TLT - News) peaked - the ETF Profit Strategy Newsletter followed up the initial red flag with this word of advice: 'Our technical analysis along with fundamentals suggest that T-Bonds are getting ready to roll over. A look at the overall picture suggests that this is more than just a minor correction. The rally in municipal, corporate and high yield bonds is showing signs of weakness too. Investors should start exiting from those markets.'

The chart of the iShares S&P National Muni Bond ETF (NYSEArca: MUB - News) below shows that MUB lost nearly two years worth of gains within a matter of weeks.

Bond prices falling out of bed (as mentioned above and clear from the chart not included here) are like interest rates rising. Our quantitative easing (spending printing press money) is “catching up” to create high inflation, and high interest rates MUST follow. This hurts savers massively more, and gets government out of obligations (Social Security, Medicare) by paying set dollar amounts with inflated “monopoly money” federal reserve notes. And we “get to” tax middle class incomes harder (even stock amounts to the extent people need to sell shares for more dollars to live on or to sell at stock market peaks – whether less value or not). So government confiscates more value due to their manipulation of the system, not for any service delivered.

The Fair Tax is a solid, REAL, permanent solution to past government Ponzi schemes and other waste. Currency and stock manipulations to confiscate more taxes through economic gyrations will not help. See also Tax - Generated Economic Distortions and Instabilities at http://www.fairtaxnation.com/group/fairtaxleadership/forum/topics/t....

-ABE

Comment by Marv Kuhn on July 2, 2010 at 1:16pm

Last week Walter Williams, Professor of Economics at George Mason University, wrote an article entitled "Where Best to be Poor" on townhall.com.
He says, "What has historically been defined as poverty, nationally or internationally, no longer exists in the US"

Here is my response to him:

Sir,

As a professor of economics, wouldn’t it be wise to flaunt that title and role by offering a solution to the poverty problems? Why wasn’t the following added to your article, “Where Best to be Poor”?

One simple change in politics would virtually eliminate poverty if not the behavioral poverty or poverty of the spirit.

The FairTax un-taxes the impoverished. The impoverished pay 25-30% tax in every product they consume. The FairTax eliminates embedded taxes.

The impoverished receive their whole paychecks. They would then have the initiative and motivation of upward mobility. Further, they receive a rebate of the FairTax on all basic needs purchased up to the poverty level. Additionally, they pay no tax for education and investments.

Businesses pay no taxes so jobs would then be available because businesses use their profit for more jobs, research and development, or give to charity.

The benefits of the FairTax are truly the poverty solution. These benefits go on and on.
Have you ever heard the proverb, “If you are not part of the solution, you are part of the problem?” When can we count on you flaunting your education, notoriety, influence, and wisdom by writing a complete article, identifying and promoting the FairTax as a brilliant solution?
I am available anytime you choose to talk or write. You have heard from me many times before.

Regards,
Marv Kuhn
281-342-9381

PS Your relentless comments that government will not allow the FairTax to happen will not be necessary when speaking about what SHOULD happen.

Comment by Sunny Snaith on June 30, 2010 at 11:15am

Is the FairTax Leadership group open to all Leaders from across the country?

I am Sunny Snaith, the FairTax Community Coordinator for FairTax DeKalb (DeKalb County, AL).

I'm also the new Webmaster for Alabama FairTax ( http://ALFairTax.com ). I am in the process of getting the site up and running for a launch at our July 4th Tea Party.

We have a bunch of resources in our Useful Files section ( http://ALFairTax.com/files/ ), including some brochures, articles, letters, and post cards that may be of interest to your group members.

I've created a new Leaders section but it is taking a backseat until I get all the districts running. I'm thinking of having a forum and maybe even chat rooms for virtual meetings. Do you have any suggestions for features that Leaders would find useful?

I would like to offer our website as a template so that other states/groups could make their own websites. I can even recommend the web host we use (the group gets a referral bonus). We may even consider hosting other groups on our account, if desired (they'd have to buy a domain name ~$10/yr. and have it point there).

These are just a bunch of ideas,

-- Sunny

Comment by Tom Freeman on June 16, 2010 at 8:23am

The NJ FairTax group is trying to convince WABC Radio in NYC to add Neal Boortz to its lineup. WABC currently has a 10 am to noon opening on its weekday schedule.


I am requesting all FairTaxers to e mail the Station Manager, Steve Borneman, at steve.borneman@citcomm.com and ask him to add Neal to the lineup.


This is the final step of this campaign. I believe FairTaxers have sent around 200 messages to WABC through its website and more than 100 emails (to date, with more to come) to the Program Manager. Almost all of these have come from local people. I am hoping that the FairTaxers around the country can help us take this number into the 1000's. It doesn't matter where you live, send an email!

Thanks for you help.


Tom Freeman
FairTax DD NJ8
tom8151@gmail.com
973 303 8151
--
Tom

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