All Blog Posts (700)

Looking ahead a little at the coming elections, we can easily see how important our choices are today and this month and moving forward to election day. Each decision must be weighed carefully and then acted upon with purpose and urgency.

Revolutions andviolent upheaval in the Mideast, riots and union protests in most of Europe and "flash mobs" that have been pilaging Great Britain, with some overflow here at home.

The United States is not immune to all of the economic…

Gary Johnson was interviewed on POTUS Radio yesterday, when the host asked him about the Fairtax. He was asked what would happen when the price of an item went from $100 to $123 overnight from day before Fairtax to day of Fairtax.  A couple of blunders that Johnson made were quite glaring, especially in light of what would be the next caller's objections to the Fairtax.

One, Johnson didn't correct the host's price increase. We must be honest in that the price in the host's…

In an earlier post on the debt ceiling, I asked if you could recall where you were when a “sentinel event” such as the bombing of Perl Harbor, assassination of JFK or the terrorist attacks of 9-11 occurred.  These incidents had a profound effect on life in America, for both our national psyche and for each of us personally. 

On August 2, 2011, without any…

As our unemployment rate hangs above 9% nationwide the loud cry for more jobs becomes more and more urgent, even angry—and legitimately so. The angry impatience of the unemployed and underemployed demands a practical response from government and industry; human compassion drives the rest of us to work for drastic improvement in the employment picture.

As Tom Braithwaite wrote... [READ FULL…

Acknowledgements:

Our country likes to thank our forefathers for the Constitution.

I applaud the thousands of patriotic Americans who are spreading the word so we can live in economic prosperity and uphold our Constitutional rights.

ARTICLE 1, SECTION 8 OF THE CONSTITUTION STATES THAT CONGRESS SHALL HAVE THE POWER TO COIN (CREATE) MONEY AND REGULATE THE VALUE THEREOF.

IN 1935 THE SUPREME COURT RULED THAT CONGRESS CANNOT CONSTITUTIONALLY DELEGATE ITS POWER…

The last few weeks have seen an unprecedented furor over fears that the United States would default on its obligations due to a failure to raise our $14.3 trillion limit.  As inconceivably high as that number is, the United States government considers it necessary to spend even more.

And while both sides fight over who will give on this point or that, the simple fact is that, if Congress were to pass the FairTax, not only would the whole Washington circus be unnecessary, we’d end up…

EXPANDING THE TAX BASE AND INCREASING REVENUE UNDER THE FAIR TAX

It’s been said by those “in the know” (both Democrats and Republicans) that “the United States doesn’t need more taxes – it needs more taxPAYERS”. Here are several sources for more taxpayers: Read the Full article by…

Below are the individuals that are known to be testifying at Tuesday's Hearing on HR 25:

Governor Mike Huckabee, Former Governor of Arkansas and Host of Mike Huckabee on the Fox News Channel

Dr. David Tuerck, Chairman of the the Economics Department at Suffolk University and Executive Director of the Beacon Hill Institute

Dan Mastromarco, Partner Argus Group, Tax Attorney, Drafted the original FairTax bill

Dr Wayne Angel, Former Federal Reserve Governor

Congressman Rob…

FairTax (H.R. 25/S. 13)

On April 16, 2009, I had one Tea Party ‘under my belt’ and was ready to move on to another project. The two men who had questioned me about FairTax the day before motivated me to find out what it was about. It didn’t take long for me to jump in with both feet because it dawned on me that this might be the thing that saves our country. Saves it from bankruptcy and saves We the People from the chains of taxation…

Tuesday, July 26th, 2011

Congressman David Camp will be holding a formal hearing on H.R. 25 (The FairTax) in his House Ways & Means Committee in Washington.  Governor Mike Huckabee & other FairTax experts will…

If you are concerned about jobs going overseas

The FairTax fixes it by removing corporate and individual income taxes, as well as capital gains, social security and payroll tax withholding.  Overnight the U.S. becomes the most business friendly nation in the world.

Potentially several trillions of dollar denominated overseas accounts would be “repatriated” for investment here.

If you are concerned about the balance of trade…

Under your scenario I would pay into SS according to my spending habits and pull out according to my stated earning habits.  Which would be great for me personally since I am a very frugal, self employed person.  I would end up making minimum contributions and maximum withdrawals.  I get to control both !! 

Seems to me that it is against American values to have a non-contributory retirement system. 

What has made this country great is our value of personal responsibility.  To remove that from the Social Security system - which was a step away from those values - completely seems to be moving us in the direction of socialist europe.

I understand the value of taxing consumption instead of production and belief it to be an admirable goal if not esential in the long term.  The Fair Tax does that !  Which is very good.

Two points that I need to understand better are:

First: Don't we need to first pass a Constitutional Amendment against income tax before authorizing a national sales tax.  History tells us that if we do not close the door Washington will utilize all revenue…

More than anything, we first need a high profile National spokesperson, like a Sarah Palin, to get our message out to the uninformed general public.  What percentage of the voting public do you believe could realistically articulate the principals of the Fair Tax?  10% would be a real stretch as far as I'm concerned.  

Remember this is the same country in which 12% of college students in a 2002 poll thought Dick Cheney was a professional baseball player!!!  I'd like to think they were…

A few weeks ago, David Tuerck and I co-authored this opinion piece for American Thinker(http://www.americanthinker.com/2011/05/the_political_basis_for_the_fa.html). David is head of the economics department of Suffolk University in Boston and has done much of the foundational research on the FairTax. 

One purpose of this article is to advance the flat tax vs. Fairtax debate by…