| President Obama,
During your campaign, you talked about changing how Washington does business. We, the undersigned, also believe in the need for change. We embrace throwing off “politics as usual” and want to help you change Washington, D.C. to better serve public interests.
We believe that a government, “Of the people, by the people, for the people,” not lobbyists, political favors, and special interests was the original vision of our Founders.
We believe that the American economy—facing its greatest peril in generations—requires a real and permanent economic stimulus package that will create jobs, drive investment, and maintain the United States as the world’s leading economy in the 21st-century, and beyond.
We believe that there is another way that is far healthier and more positive to heal our economy without the massive borrowing and spending that will have harmful effects on our economy for generations to come.
We believe that our thoroughly researched solution will have immediate and long lasting benefits to our economy and to the relationship of the citizen to government.
To address these challenges, we believe the FairTax is the change we need.
Whereas millions of Americans cannot pay their bills and risk foreclosure:
The FairTax ensures that American workers will see a huge boost in their take-home pay as all federal withholding and payroll taxes are eliminated—enough to save their homes and pay mortgage bills, thereby addressing the underlying cause of this economic meltdown, not just the symptoms.
Whereas Washington is financing its spending programs with trillions in debt:
The FairTax eliminates capital gains and corporate taxes making the US the most favorable business environment in the world. That means new jobs right here in America, higher wages and a stock market that goes up instead of down—without massive borrowing.
Whereas the poor and middle-class continue to struggle to make ends meet:
The FairTax removes federal taxes on the poor and the middle-class sees dramatic reductions in tax burdens under the FairTax. The “Made in America” label roars back with needed jobs and better wages and benefits.
Whereas tax lobbyists peddle their enormous influence in Congress and exert undue influence over the income tax code’s 67,500 pages of regulations, for which Americans spend $300 billion annually in tax preparation costs:
The FairTax is simple, transparent and fair. The tax base is expanded, special favors for tax lobbyists end and April 15th becomes just another spring day.
Be it therefore resolved that the FairTax deserves support by your administration to create a tax system that provides real and permanent economic stimulus effects that our nation, our citizens and children need and deserve.
Sign the Petition.
|
hmmmm…i will have to think about this.
Robin´s last blog post..The Final Word
Robin – cool, that’s all I’m askin’.
Maybe if the petition actually took the time to explain its position and what specifically it would do, it would be more effective.
Avitable´s last blog post..Steal This Shirt!
Avitable – I disagree. I don’t find petitions to be something that should explain everything about a stance – it’s to gain awareness and present, as a collective, the general opinion of a group focused on raising that awareness. Like most marketing, the shorter a petition, the better.
Now, the petition could have done a better job on informing people interested in the topic on how to get more information. That’s why I did my little preamble. I could have called it “whall the people.”
the Fair Tax is dead in the water. Will never happen.
Why would any politician, let alone a majority of them, vote for something that limits their power?
other than that, i support it.
Gino´s last blog post..Thinning The Herd
Gino, so did you sign it?
I agree with Avi (I’m sorry, was that the sky falling?). The petition should say what the Fair Tax actually *is* in addition to what it does.
My understanding is that it’s a consumption tax? How do you regulate and audit a consumption tax? Wouldn’t that be a massive undertaking?
Other than that, I have no real objections.
Faiqa´s last blog post..Daydream Believer
Faiqa – I see your point, and if the petition had included a short introductory paragraph on what the FairTax was, it would help.
Like you’d expect, anything involving taxes is bound to be complicated. Could you imagine trying to summarize what Congress set out to do in 1913 by creating the Federal Reserve and the subsequent IRS?
In short, the FairTax eliminates income tax. It replaces the way the government is funded with a consumption (or sales) tax on most goods and services that aren’t basic necessities. The poor get tax prebates that would cover anything else, so the low wage earners pay no tax at all. The more you consume, the more you pay in taxes, which changes the shift of penalty — a tax on income is a penalty on earning/performance/excellence but a tax on consumption is a penalty on consumption/waste/luxury.
With no tax on used items, recycling becomes a marketable event. If you paid a high tax when buying a new fridge, but paid no tax on keeping your fridge in working order, the entire world is going to preserve more fridges, fix more fridges, recycle more fridges.
The biggest pull for me for the FairTax is that it helps rectify the fact that cheaters don’t pay taxes. Illegal Immigrants, drug dealers and fatcat tax cheats don’t pay anything into the system. Under the FairTax, we now can get money from them through their consumption.
Oh, and the FairTax abolishes the IRS.
DANGIT. I told you this was hard to summarize!
Vote for Whall!
Sign the Petition!
::woot:: for FairTax!
Sheila (Charm School Reject)´s last blog post..Bullet Style
Sheila CSR – my wife made me promise never to get into politics as a profession.
*sigh*. I’ll miss her…
Hmmm….am I missing it or is there nothing about repealing the unfair ‘death” tax (or estate tax)? People shouldn’t have their money taxed TWICE….once while they’re alive and again after they die . Ridiculous.
BlondeBlogger´s last blog post..I’m Like a Ringleader…
BlondeBlogger – the Fair Tax replaces corporate income tax, individual income tax, payroll tax, capital gains tax, alternative minimum tax (AMT) and the death tax (aka estate tax).
Can you imagine how many REAL jobs would be created if corporations didn’t have so many taxes levied on them?
Oh, and COGS-type of purchases (goods and services used in the making of something else) would not be taxed.
Just signed, btw.
BlondeBlogger´s last blog post..I’m Like a Ringleader…