Good morning Fair Tax friends!
Added by Marilyn Rickert on March 24, 2013 at 11:02am — No Comments
If you are like most folks, on February 3, 2013, you were glued to your TV set, watching a great Super Bowl. Parties with friends, and rivals, across the land celebrated the game, whether your team won or lost. And this was a good thing, because, if not for the Super Bowl, February 3, 2013 would have been a sad day indeed!!
It was the One Hundredth anniversary of the ratification of the Sixteenth Amendment, which allowed the first constitutional income tax in our Nation’s…Continue
Tax code Reform:
Are you the rightful owner of the fruits of your labor?
If not you, who?
When someone takes something without permission of the rightful owner, what do you call it?…Continue
For a quick read, my blog post "38 Reasons for the FairTax" are adapted from the 27-page Testimony of Dan R. Mastromarco, Before the Joint Committee on Economics, on How U.S. Tax Policy Affects Business Investment and Job Creation, November 17, 2011.
Added by Daniel Dyer on November 29, 2011 at 3:06pm — No Comments
"The largest single barrier to full employment of our manpower and resources, and to a higher rate of economic growth, is the unrealistically heavy drag of federal income taxes on private purchasing power, initiative and incentive." - President John F. Kennedy in a special message to Congress on tax reduction and reform Jan. 24, 1963
Even back in 1963, JFK knew how crippling income taxes are.
An important thing to remember is that the fairtax replaces the income tax.
In order to understand why the fairtax taxes government consumption, we need to first understand how government collects taxes from government's spending under present income taxes. To simplify the discussion, imagine a group of people on an island. Every year, each chips in 22% of his income to pay for things important to the group.
One year the…Continue
Added by Keith Reynolds on May 26, 2009 at 11:29pm — No Comments
Added by Daar Fisher on May 13, 2009 at 12:47am — No Comments
There has been a lot of noise made recently about sending tea bags to Washington to express our growing concerns about unfair and exorbitant taxes. While I think this is a great idea in theory it is not very practical. For one thing the tea bags will likely not get past the security measures at the Post Office, and for another you would be paying yet another tax in the form of postage to get it there.
Added by Tim on April 6, 2009 at 1:38pm — No Comments
Added by James Russell on March 11, 2009 at 6:57pm — No Comments
Added by GeneLouis on February 26, 2009 at 12:12pm — No Comments