Replace All Federal Taxes on Income with the Fair Tax Act , HR 25
Where Are the small business owners and CEOs?
One of the main features we trumpet when promoting the FairTax, is the fact that under the FairTax the Corporate income tax completely goes away, giving domestic corporations the best incentive to remain in America and expand, while enticing those who have fled to other shores to come back to the U.S. So, why don't we hear the CEOs of all such companies all standing up for The FairTax???!! They should be leading the charge in pushing Congress to adopt FairTax ASAP. Why aren't the lobbyists for the U.S. Corporations and big businesses actively promoting FairTax? I can't make any sense of this strange silence/indifference from this block that would benefit more than anyone in the U.S. economy.
Similarly, the owners of thousands of small businesses across America should be on board with FairTax for exactly the same reasons, and they should be promoting FairTax as a group. So, why aren't they???!! Has anyone representing FairTax been actively seeking the support of these people? Seems to me every CEO and small business owner in America should already have been called on by FairTax representatives explaining the merits of H.R.25 to them and their businesses. Has there been such a 'sales' effort mounted by FairTax people? If not, why not?
Replies to This Discussion
-
Permalink Reply by cary henderson on
-
> I know several small business owners that support the FairTax. Large corporations are being told that the FairTax has no chance by those same lobbyists who have gained them all the advantages they now have. FairTax.org had a list of corporate sponsors at one time but I have never seen any of it released. If they had done that we could give feedback to those companies, and buy their products. It would be great if someone started a website for corporate support of the FairTax. Does anyone have the wherewithall?
-
-
I may be wrong, but I think a business that currently uses tax "exemptions and deductions" to fund business conferences, vacations, dinners for clients, etc, etc, would lose those supposed perks if the Fairtax is passed. It is very self centered.
-
Permalink Reply by Arthur Bruce Robertson on
-
Could such 'perks' possibly equal the value of going from 35% income tax to ZERO tax??! Someone needs to mount a serious 'sales' campaign, directed specifically to Corporation CEOs, Boards of Directors, and small business owners. They should all be on board with the rest of us to demand our reps/senators enact the FairTax--PRONTO! AFFT should create CorporationsForFairtax.org. It would not be expensive at all. Perhaps Marilyn will do it. I will contribute $100 toward it if she does
-
-
Hooray Arthur. I completely agree. It makes absolutely no sense that a corporation would rather pay some lobbyists thousands of dollars to secure tax breaks, exemptions, and/or loopholes when supporting the Fairtax means no corporate taxes OR compliance costs.
-
-
I agree 100%, Mark. So, I'm still wondering why an appeal to businesses of all sizes hasn't been long since undertaken to build support/momentum for enacting The FairTax??!! Where are all the big names (supporters) in 'selling' this approach to funding government? And where have the 'Co-Sponsors' been on this angle?? I repeat, the business community should be even more excited about The FairTax than the rest of us 'Joe Plumber' types. Another thing; we need Sarah Palin on board with our cause.
-
Permalink Reply by Bill Rollyson on -
From my experience, large businesses (think GE, Home Depot, etc.) are against the FairTax. They are more concerned with using the tax code to control competition through lobbying than having an explicit zero rate. They can use other available strategies to reduce their own burdens such as transferring their costs to their US affiliates and their income to those in more favorable jurisdiction.
Large associations such as NAM and even the Chamber of Commerce haven't been supportive either. They both get money from their large members (same companies as above) for lobbying efforts in their behalf. It is their small members that should be supportive and most of them just aren't familiar with the FairTax. Just as the FairTax organization has a grass roots effort to bring individual Americans on board, we need an effort to bring the small businesses on board as well. NSBA (National Small Business Association) has endorsed the FairTax. The larger NFIB has not. They will tell you they can't support it until their member state organizations support it and the states will tell you they need to hear it from their individual members at that level. Again, this needs to be worked at the individual business level. We should have tools to make this easier.
You'll find the same thing in the Unions. I've had union leaders at the district level support the FairTax, but once their move up to the state level, they were told they had to drop their support. They can only do that to the point their membership demands they support it.
Regarding a website, national AFFT started to develop one a couple years ago but dropped the effort. It would have had a general support page with the basics for business on the first landing page and back pages to sign a petition, spread the word among their peers, make a donation, contact their legislator and eventually a page with specific benefits for each industry. I still feel that is needed. It would allow us to quickly pass basics for their industry to any small business and get their supporting signature. Possibly that information could be shared with leaders in any given districts. If we had an industry drop down box for each industry on the sign up page, we would have good information to share with our district reps and senators regarding support by that industry. My thoughts.
-
-
I too feel the AFFT has seriously dropped the ball when it comes to their web site. It could be SOOOO much better than it is. What you describe would be great. It can't be for a lack of funds. There are likely supporters that would work on it for free if necessary.
-
-
This seems to be a problem with AFFT. Things get started then dropped. They need to turn these tools over to us, then a small group could follow up over time and create a valuable resourse for the FairTax effort. They need to become aware that they are not doing what is needed by avoiding this
© 2025 Created by Marilyn Rickert.
Powered by
