Fair Tax Nation

Replace All Federal Taxes on Income with the Fair Tax Act , HR 25

All Blog Posts Tagged 'taxes' (13)

Not Just Interest, but the Principal Too!

One of the linchpins of the arguments against the FairTax is the supposed loss of the mortgage interest deduction for middle-income homeowners. The answer should look like this:

Not only are the benefits of the mortgage interest deduction (MID) still in place, the FairTax adds a mortgage principle deduction as well. That's something that the current system just doesn't offer. Let's take a look...

Under the current system, a taxpayer deducts personal exemptions for him/herself…

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Added by Nathanniel Martin on August 7, 2013 at 12:30pm — 3 Comments

Founding intent versus current system..

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?…

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Added by Gary Vincent O'Malley on May 1, 2012 at 10:53am — 3 Comments

More important things?

Many times, when I'm in a discussion about the FairTax, people say that they have more important - or more urgent - things to be concerned with. I guess they don't understand all the things that the FairTax will affect. I usually ask them what's more important...jobs? The economy? The deficit? And then I try to explain how the FairTax will imrpove the employment situation, the economy, etc., thereby leaving time…

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Added by William Payne on March 18, 2012 at 2:04pm — 1 Comment

Response to Dr. Bill May's "Is Fair Tax the Answer?"

Response to: http://www.cavemannews.com/IsFairTaxtheAnswer.htm



First, let me say that I have a lot of respect for Dr. May. He has a long and lustrous career behind him and has apparently done well for himself. But I disagree with his assessments on this issue and I intend to point out just where I disagree and why. I hope Dr. May gets a chance to read and respond to this, but if the more likely case…

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Added by Robert Williams on March 18, 2012 at 11:00am — 3 Comments

THE FAIRTAX SERIES: EPISODE 5

THE FAIRTAX SERIES: EPISODE 5

 AMERICA’S ROAD TO PROSPERITY

Conclusion

 

In this final installment of the FAIRTAX series I want to review the content of the series and give a few personal thoughts on our country, our system, and how I see the FAIRTAX being an integral part of the solution to our debt issue, though not the only aspect, and of how we get the United States back on steady…

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Added by Bob Russell on October 13, 2011 at 9:23pm — No Comments

THE FAIRTAX SERIES: EPISODE 4

THE FAIRTAX SERIES: EPISODE 4

 AMERICA’S ROAD TO PROSPERITY

THE PRE-BATE

In this installment of the FAIRTAX series I want to cover the “pre-bate” provision of the plan.  The “pre-bate” is a provision designed to help with the basic necessities of life, to essentially “un-tax” food, medicine, utility costs, clothing, etc. up to the poverty level.  It is not designed to help the “rich” buy new cars…

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Added by Bob Russell on October 13, 2011 at 9:22pm — No Comments

THE FAIRTAX SERIES: EPISODE 3

THE FAIRTAX SERIES: EPISODE 3

 AMERICA’S ROAD TO PROSPERITY

 BRINGING JOBS BACK TO AMERICA

In this installment of the FAIRTAX series I want to cover the impact of jobs, particularly manufacturing jobs, coming back to the United States.  When Bill Archer (R-Tex.) was the chairman of the House Ways and Means Committee, the tax writing body of Congress, he often quoted a survey of 500 international…

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Added by Bob Russell on October 13, 2011 at 9:18pm — No Comments

THE FAIRTAX SERIES: EPISODE 2

THE FAIRTAX SERIES: EPISODE 2

AMERICA’S ROAD TO PROSPERITY

TODAY’S TAX CODES, THE COST OF COMPLIANCE

In this installment of the FairTax series I want to cover the cost of compliance and enforcement with today’s tax codes.  Before I go into the complexities of compliance and enforcement I want to spend a few minutes dispelling the favorite myth of the anti-FairTax crowd.  One of the things…

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Added by Bob Russell on October 13, 2011 at 9:17pm — No Comments

THE FAIRTAX SERIES: Episode 1

THE FAIRTAX SERIES: Episode 1

AMERICA’S ROAD TO PROSPERITY

AN INTRODUCTION

A couple of years ago I began hearing about a new concept in taxation.  This new concept is called The FairTax.  I didn’t pay much attention because I thought “how is any tax fair?” when some pay and some don’t.  At first I dismissed it as another scam to throw me off the track of an out of control government looking for…

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Added by Bob Russell on October 13, 2011 at 9:15pm — No Comments

I WANT YOUR MONEY [Review]

Here's a movie you have to see. Tell all your friends about it.…



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Added by John Gaver on October 17, 2010 at 1:30am — 1 Comment

What is this business about the fairtax collecting taxes from Government consumption.

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…

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Added by Keith Reynolds on June 14, 2009 at 9:30pm — 2 Comments

Special Interests groups

Above all, we must realize that no arsenal, or no weapon in the arsenals of the world, is so formidable as the will and moral courage of free men and women. It is a weapon our adversaries in today's world do not have.

-Ronald Reagan



A good compromise, a good piece of legislation, is like a good sentence; or a good piece of music. Everybody can recognize it. They say, 'Huh. It works. It makes sense.'

-Barrack Obama



Recently, at a speaking event in my own town a… Continue

Added by Josh Gregg on May 30, 2009 at 5:06pm — 3 Comments

Why Michigan’s Tea Parties Should Unite Behind Replacing MI’s Income Tax with the MI FairTax

We, the people of Michigan, are alarmed, and we have taken to the streets because of what we sense is the loss of proper respect and service by those we’ve sent to Lansing (and Washington) to represent US! However, unless our Michigan Tea Parties can channel energy into a vehicle of concrete action, the past century has shown us that we’re likely to continue to proceed down the path to less freedom, fewer liberties, less economic opportunity, more taxes, and larger… Continue

Added by Daar Fisher on May 13, 2009 at 12:47am — No Comments

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