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We need to pass the Fair Tax Act. What is the Fair Tax? The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality,Five Fingers 2011,Five Fingers Bikila Ls Birds in Southwest Florida, and, through companion legislation, the repeal of the 16th Amendment.
* Enables workers to keep their entire paychecks
* Enables retirees to keep their entire pensions
* Refunds in advance the tax on purchases of basic necessities
* Allows American products to compete fairly
* Brings transparency and accountability to tax policy
* Ensures Social Security and Medicare funding
* Closes all loopholes and brings fairness to taxation
* Abolishes the IRS
Bill Archer, former head of House Ways and Means Committee did a survey on the fair tax. The survey was conducted among 500 European companies. One simple question was asked,iveFingers Classic Smartwool, " What would you do if the U.S. installed the FairTax." The responses where astounding. Four hundred said they would build their next plant here. The remaining one hundred said they would move their corporate headquarters here. My guess is that this would be just the tip of the iceberg as to what would follow. Our current tax code does the exact opposite. Product labels would contain the same foreign corporate names but the labels would also contain " MADE IN THE />
For more info on the Fair Tax. Link.
2) We need to set Congressional term limits. Why term limits? This is the issue that separates American citizens, who want to recapture their government, from a careerist-dominated Congress and its illegitimate bureaucratic offspring, who want to run our lives. No more pork barreling,Vibram FiveFingers Classic A Basic Parenting Plan!
For more info on term limits. Link.
To contact your congressman click here.
To enact the Fair Tax and unleash the full economic potential of the we must apply Vocal and Persistent pressure on Congress each week or every day. Email them this simple message: "Please support replacing the federal income tax code and become a co-sponsor of HR 25 or S 1025, the Fair Tax."
To enact Congressional term limits email this simple message each week or everyday: "As an American citizen, I feel that Congress, whose arrogant spending has bankrupted our nation and destroyed our currency, who sets its own self-authored six-figure pay plus perquisites and pensions as if compensation were to be calculated based on its irresponsible spending rather than on prudent governance and has created a counter-productive envy-based tax system which penalizes extra effort and success, can no longer be tolerated. We need to pass a Constitutional Amendment for Congressional term limits."
I recently did a blog on a small country in Europe, Estonia, and America can certainly learn a lesson from this little, but prosperous country. Link.
I would also like to create a petition to give to Congress on the FairTax Act, Congressional term limits and voting power to vote elected officials out of office.