An open comment to Mr. Beck:
US$2 TRILLION in American-owned liquid assets participating in the illegal cash-only underground economy.
US$13 TRILLION in American-owned liquid sitting in offshore financial centers beyond US borders.
US$350 to…
If we repealed the 16th Amendment and replaced the broken-down Internal Revenue Code (so complex that even James Joyce's Finnegans Wake is easy reading by comparison) with FairTax, the American economy would literally rocket to unprecedented…
AMEN!! :-)
Without doubt, the most corrupt practice in Washington, DC is some 35,000 tax lobbyists trying to "tweak" the Internal Revenue Code to support even the most narrow of constituents. And used by the government to favor one group…
I remember a saying that went, "Without economic freedom, everything else is an academic exercise."
Regardless of race, ethnicity, religious affiliation, or even (dare I say it) sexual preferences, everybody wins under FairTax. Imagine…
I think Mr. Hoagland underestimated the amount of American-owned liquid assets lost from the US financial system because of our income tax laws. My guess is somewhere between US$14 and US$19 TRILLION gone, either by participating in the cash-only…
In my opinion, THE biggest reason we need to get FairTax into law now is no thanks to the disincentive of our income tax system, we have some US$14 to US$19 TRILLION taken out of our financial system through participating in the underground economy…
The tea parties that happened around April 15th this year is proof that Americans are rapidly tiring of the "same old ways" of doing things in Washington, DC.
This is why not only do we need to repeal the 16th Amendment and discard our…
I've read that American citizens and businesses may have "offshored" somewhere between US$12 to US$17 TRILLION just to keep those assets out of the hands of the IRS. And all of it done legally, too.
So what are we waiting for? Repeal…
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