fellow revolutionaries call to ACTION !!!

[Wolverine]

Originally Posted by Wolverine

Obama: Unprecedented crisis requires unprecedented action !

If you are presently employed and believe that $37. a month extra take home pay and a bunch of unprecedented government pork barrel spending, funded by your tax dollars , is going to magically help your personal financial situation and totally revamp the economy as a whole.............

do NOTHING ! nada , zilch, just sit on your LARGE , LAZY, BUTTOCKS and HEAP PRAISE upon the chosen one President Obama for taking care of you whilst creating the prosperous, peaceful utopia he promised !

but if you've got just one little smidgen of doubt as to whether a new highway bypass, overpass, guardrail , rest area, sewage plant or some huge event stadium that you can't afford tickets to visit anyway / coupled with $37. a month is going to save your house, your job, your child's college fund, and keep this entire U.S. economy from plunging off the edge into the depths of never-never land.......

TAKE ACTION !!!!!

Educate yourself, your friends and family about FAIR TAX !

write your congressman, senator and President Obama ! If you are to stupid & lazy to do it for yourself, do it for children ! DO IT NOW !!!

http://www.fairtax.org/site/PageServer

contact President Obama:

https://secure2.convio.net/afft/site...rAction&id=119

Democrats click here:

http://www.fairtax.org/site/PageServ...=democrat_home

[wherbie]

viva la revolution...homeie

.

[Wolverine]

Originally Posted by wherbie

viva la revolution...homeie

.

[JPmonopoly]

admin would be cool if he added this to the IIF!!!

<div style="padding:10px;"><a href="http://www.fairtax.org/"><img src="http://www.fairtax.org/images/downloads/728x90-taxday.gif"></a></div>

[Arctec]

2009-2010 will rank with 1913-14, 1933-36, 1964-65 and 1981-82 as years that
will permanently change our government, politics and lives. Just as the
stars were aligned for Wilson, Roosevelt, Johnson and Reagan, they are aligned
for Obama. Simply put, we enter his administration as free-enterprise,
market-dominated, laissez-faire America. We will shortly become like Germany, France,
the United Kingdom, or Sweden — a socialist democracy in which the
government dominates the economy, determines private-sector priorities and offers a
vastly expanded range of services to many more people at much higher taxes.

Obama will accomplish his agenda of “reform” under the rubric of “recovery.”
Using the electoral mandate bestowed on a Democratic Congress by restless
voters and the economic power given his administration by terrified Americans,
he will change our country fundamentally in the name of lifting the
depression. His stimulus packages won’t do much to shorten the downturn — although
they will make it less painful — but they will do a great deal to change our
nation.

In implementing his agenda, Barack Obama will emulate the example of
Franklin D. Roosevelt. (Not the liberal mythology of the New Deal, but the actuality
of what it accomplished.) When FDR took office, he was enormously successful
in averting a total collapse of the banking system and the economy. But his
New Deal measures only succeeded in lowering the unemployment rate from 23
percent in 1933, when he took office, to 13 percent in the summer of 1937. It
never went lower. And his policies of over-regulation generated such business
uncertainty that they triggered a second-term recession. Unemployment in 1938
rose to 17 percent and, in 1940, on the verge of the war-driven recovery,
stood at 15 percent. (These data and the real story of Hoover’s and Roosevelt’
s missteps, uncolored by ideology, are available in The Forgotten Man by
Amity Shlaes, copyright 2007.)

[Wolverine]

What is the FairTax plan?

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, and, through companion legislation, the repeal of the 16th Amendment.

The FairTax Act (HR 25, S 1025) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities.

The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

The FairTax:

* 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

[Wolverine]

The FairTax Basics

The FairTax has been called the most thoroughly researched tax reform plan in recent history. This section offers a quick introduction to the FairTax and tax reform.
Scholarly research tells us that . . .

* The FairTax rate of 23 percent on a total taxable consumption base of $11.244 trillion will generate $2.586 trillion dollars $358 billion more than the taxes it replaces. [1]
* The FairTax has the broadest base and the lowest rate of any single-rate tax reform plan. [2]
* Real wages are 10.3 percent, 9.5 percent, and 9.2 percent higher in years 1, 10, and 25, respectively than would otherwise be the case. [3]
* Disposable personal income is higher than if the current tax system remains in place: 1.7 percent in year 1, 8.7 percent in year 5, and 11.8 percent in year 10. [4]
* The economy as measured by GDP is 2.4 percent higher in the first year and 11.3 percent higher by the 10th year than it would otherwise be. [4]
* Consumption increases by 2.4 percent more in the first year, which grows to 11.7 percent more by the tenth year than it would be if the current system were to remain in place. [4]
* The increase in consumption is fueled by the 1.7 percent increase in disposable (after-tax) personal income that accompanies the rise in incomes from capital and labor once the FairTax is enacted. [4]
* By the 10th year, consumption increases by 11.7 percent over what it would be if the current tax system remained in place, and disposable income is up by 11.8 percent. [4]
* Over time, the FairTax benefits all income groups. Of 42 household types (classified by income, marital status, age), all have lower average remaining lifetime tax rates under the FairTax than they would experience under the current tax system. [5]
* Implementing the FairTax at a 23 percent rate gives the poorest members of the generation born in 1990 a 13.5 percent improvement in economic well-being; their middle class and rich contemporaries experience a 5 percent and 2 percent improvement, respectively. [6]
* Based on standard measures of tax burden, the FairTax is more progressive than the individual income tax, payroll tax, and the corporate income tax. [7]
* Charitable giving increases by $2.1 billion (about 1 percent) in the first year over what it would be if the current system remained in place, by 2.4 percent in year 10, and by 5 percent in year 20. [8]
* On average, states could cut their sales tax rates by more than half, or 3.2 percentage points from 5.4 to 2.2 percent, if they conformed their state sales tax bases to the FairTax base. [9]
* The FairTax provides the equivalent of a supercharged mortgage interest deduction, reducing the true cost of buying a home by 19 percent. [10]

References

[1] Bachman, Paul, Jonathan Haughton, Laurence J. Kotlikoff, Alfonso Sanchez-Penalver, and David G. Tuerck, “Taxing Sales under the FairTax: What Rate Works?” published in Tax Notes, November 13, 2006. Click here to read the full paper.

[2] Tuerck, David G., Jonathan Haughton, Paul Bachman, and Alfonso Sanchez-Penalver, “A Comparison of the FairTax Base and Rate with Other National Tax Reform Proposals,” The Beacon Hill Institute at Suffolk University, February 2007. Click here to read the full paper.

[3] Tuerck, David G., Jonathan Haughton, Keshab Bhattarai, Phuong Viet Ngo, and Alfonso Sanchez-Penalver, “The Economic Effects of the FairTax: Results from the Beacon Hill Institute CGE Model,” The Beacon Hill Institute at Suffolk University, February 2007. Click here to read the full paper.

[4] Arduin, Laffer & Moore Econometrics, “A Macroeconomic Analysis of the FairTax Proposal,” July 2006. Click here to read the full paper.

[5] Kotlikoff, Laurence J. and David Rapson, “Comparing Average and Marginal Tax Rates under the FairTax and the Current System of Federal Taxation,” NBER Working Paper No. 12533, revised October 2006. Click here to read the full paper.

[6] Jokisch, Sabine and Laurence J. Kotlikoff, “Simulating the Dynamic Macroeconomic and Microeconomic Effects of the FairTax,” National Tax Journal, June 2007. Click here to read the full paper.

[7] Tuerck, David G., Jonathan Haughton, Paul Bachman, Alfonso Sanchez-Penalver, and Phuong Viet Ngo, “A Distributional Analysis of Adopting the FairTax: A Comparison of the Current Tax System and the FairTax Plan,” The Beacon Hill Institute at Suffolk University, February 2007. Click here to read the full paper.

[8] Tuerck, David G., Jonathan Haughton, Alfonso Sanchez-Penalver, Sara Dinwoodie, and Paul Bachman, “The FairTax and Charitable Giving,” The Beacon Hill Institute at Suffolk University, February 2007. Click here to read the full paper.

[9] Tuerck, David G., Paul Bachman, and Sylvia Jacob, “Fiscal Federalism: The National FairTax and the States,” The Beacon Hill Institute at Suffolk University, June 2007. Click here to read the full paper.

[10] Walby, Karen, and Dan Mastromarco, “Promoting home ownership: How the FairTax’s benefits for homeowners exceed the mortgage interest deduction,” Americans For Fair Taxation White Paper, August 2006. Click here to read the full paper.

Karen Walby, Ph.D., Director of Research, Americans For Fair Taxation, Jan. 5, 2008.

[Wolverine]

http://www.fairtax.org/PDF/Open_Letter.pdf

[Daddy Needs Mils]

Originally Posted by Dinarhunter

I really like the idea of the fair tax...i think this is what obama is moving towards by getting rid of tax shelters...and taxing the rich more...this will bring the income tax rates closer to the rates of luxury items bought...

I think this is really the only way to eliminate all the tax breaks and lop holes the top 5% use to get out of paying any taxes...thats always a good thing...

i KNOW obamas not going to instate a fair tax...but i like that atleast he is trying to close some lopholes and ticking off the rich enough so that some senators and congress men might rethink the idea of a fair tax!

The problem with your statement is this: Who determines who is rich? The elite in Congress? That is what is becoming apparent. WAKE UP. He wants it ALL.

Obama has several times over the last couple of years that somewhere around the $42,000 - $45,000 and up are the incomes that will pay higher taxes to spread the wealth.

[Daddy Needs Mils]

Originally Posted by Dinarhunter

Hey under the fair tax plan i'll be paying 30% federal sales tax plus 8.625% State Sales tax Plus 6.85 State Income Taxes....that 42k and up tax bracket will be paying higher taxes no matter what....

Your right i shouldn't have brought up the Rich my main point is...with tax shelters shut down...the rich will pay more....I'm very happy that he's trying to shut down tax shelters...this is the first step towards a Fair Tax System...we need ALL Tax Shelters, Loopholes and Tax Cheats SHUT DOWN!! Then when congress has to pay the ACTUAL taxes they owe...they'll be MUCH more receptive to the FairTax

Not to just argue my friend, but congress doesn't share the same wonderful system of taxation as they have so benevolently bestowed on us, the stupid peons. And they bank on the fact that most people don't understand how many tax advantages they have over us. As long as they keep the class warfare status quo, and keep most of the people fooled most of the time, they are safe. There is no such thought as to making anything fair. Only to "play" Robin Hood because so many people WANT to believe the story is true. This little bedtime story is going to start producing the biggest nightmares in recorded history.

The FAIR TAX is a fair tax, but if you think Obama is heading that direction, I have some wonderful land I would like to sell you. I'll make you out a deed to it as soon as you send me money.

[Daddy Needs Mils]

Originally Posted by Dinarhunter

Obama is in no way going to institute a Fair Tax....He has too much love for the Very poor...and under a Fair Tax...the Very poor with start to have to pay taxes.....

I think some of Obama's policies...without his knowledge are going to start pushing the revolution Towards a fair tax...He seems to have no love for the wealth...Just getting rid of the Tax Shelters as he has stated is a HUGE STEP...This will get the upper class really ticked off...Next step would be to Cut the Fat out of the current tax laws by getting rid of most if not all Loopholes....Another thing that'll tick off the Rich....With these things out of the picture....

The influncial in our country will start making demands for a New Tax system...Very likely they will start pushing for a Fair Tax...this will allow them to create their own Tax Loopholes...You will soon see after this that Large Luxury items will not be taxed at all i.e. houses, Cars, I'm willing to bet anything over 10k....While this will leave the poor behind since they can not afford such items...the wealth will again beable to enjoy the tax breaks they have always loved....

Love for the poor???

His love is for power, and power only. If what you said were true, he could trim back his own salary, divest himself of his own investments, book royalties and the likes. He could have scaled back the inauguration and insisted that about $50 million be put towards the poor instead of his own infatuation of himself.

Get real DH.

You talk a great bedtime tale, but power is the goal. ABSOLUTE POWER, and nothing short of absolute power will satiate him. He is a Chicago thug politician, using class warfare as his cloak of deception.

He promised change from politics as usual. A more transparent government. Then he instates some of the most crooked of the Clinton years in his cabinet.

[Arctec]

The Essence of Socialsm

"The essence of socialism is redistribution of the wealth. The goal is equality, and that means taking from the rich and giving to the poor. At least that's the theory. Unfortunately, the poor are never benefited by this maneuver. They either do not get the money in the first place - too much is siphoned off by the bureaucracies which administer the programs - or, if they do get any of it, they don't know what to do with it. They merely spend it until it is gone, and then no one has any money - except, of course, those who administer the government programs. Nevertheless, politicians know that promises to redistribute the wealth are popular among two groups: the voters who naively believe it will help the poor, and the socialist managers who see it as job secuity. Supported by these two voting blocs, election to office is assured

[ptolemy]

I agree 99.0% with your message Wolverine. Most of us on this website are in agreement. It's the morons who believe Obama is the messiah that need to take heart.
How do you educate someone who lacks common sense or is flat out ignorant?

[acrtech]

JP that is the best idea that i have seen in a long time. Get with people. Learn about the fair tax and pass it on. It is like getting free money compared to what you are getting now.

[Wolverine]

Originally Posted by ptolemy

I agree 99.0% with your message Wolverine. Most of us on this website are in agreement. It's the morons who believe Obama is the messiah that need to take heart.
How do you educate someone who lacks common sense or is flat out ignorant?

teach them to read and show them the links below ( or get somebody to read it to them in Cat in the Hat Format ) !!!

http://www.fairtax.org/site/PageServ...=democrat_home

http://www.fairtax.org/site/PageServ...e=student_home

[drfir]

Originally Posted by ptolemy

I agree 99.0% with your message Wolverine. Most of us on this website are in agreement. It's the morons who believe Obama is the messiah that need to take heart.
How do you educate someone who lacks common sense or is flat out ignorant?

what do you mean, he is not the messiah, i am confused
i saw kids trading cards for sale in the store yesterday morning when i got my coffee
this proves he is the messiah..........lol

[Wolverine]

Originally Posted by Dinarhunter

You realize you sound like a ranting conspiracy theorist with this post...Did you not listen to the debates? Have you not seen the progress he's made since being elected? What is it 8 days in office and he's already done more for this country then bush did in 8 years...How many politicians have cut there pay to help out the poor...It's rediculous to think Cuting spending in ANY of those things would make an difference at all...Please get off you soap box you can't see the real world from up there...Come on man...Just get off you Rants and stay on topic...

I think the fair tax is a Great idea...I think this is something we should be pushing through to our representitives....I Never understood how they thought the best way to tax was to tax the working man...I completely agree that a Federal Sales tax is a much better plan

Just curious, what, exactly, has President Obama done for this country so far ??? .......other than add to the national debt in 8 days what took President Bush two wars & eight years ???

[Daddy Needs Mils]

Originally Posted by Dinarhunter

You realize you sound like a ranting conspiracy theorist with this post...Did you not listen to the debates? Have you not seen the progress he's made since being elected? What is it 8 days in office and he's already done more for this country then bush did in 8 years...How many politicians have cut there pay to help out the poor...It's rediculous to think Cuting spending in ANY of those things would make an difference at all...Please get off you soap box you can't see the real world from up there...Come on man...Just get off you Rants and stay on topic...

I think the fair tax is a Great idea...I think this is something we should be pushing through to our representitives....I Never understood how they thought the best way to tax was to tax the working man...I completely agree that a Federal Sales tax is a much better plan

It's not a theory. It's black and white living proof. It's proof in color too.

Yes, he has managed to spend more in 8 days than Bush did in 8 years, with a promise of the same each year, telling us to get used to these kind of deficits for years to come.

WTF is wrong with you? I listened to the debates where Obama ( and any other dem) criticized Bush for his spending us into deficits (which BTW he was actually right....he could have said NO). But when Obama says we have to get used to doing this every year, you say it's okay? WTF is can he do wrong inyour eyes? Bush does something--it's bad. Obama does the same or worse--it's good.

WhereTF doe you propose all of these Trillions come from. More taxing the rich? You're out of your ever loving mind if you believe that tripe.

Taxing the rich to give to the poor is much closer to a conspiracy than what I posted. It's also (Robin Hood) fiction. Did your parents overdose you on Ritilin for years? Try Jamaican Blue Mountain coffee. It may wake you up.

The only other possibility would be that you are just stirring a pot as a "devil's advocate".

[drfir]

Originally Posted by Dinarhunter

You realize you sound like a ranting conspiracy theorist with this post...Did you not listen to the debates? Have you not seen the progress he's made since being elected? What is it 8 days in office and he's already done more for this country then bush did in 8 years...How many politicians have cut there pay to help out the poor...It's rediculous to think Cuting spending in ANY of those things would make an difference at all...Please get off you soap box you can't see the real world from up there...Come on man...Just get off you Rants and stay on topic...

I think the fair tax is a Great idea...I think this is something we should be pushing through to our representitives....I Never understood how they thought the best way to tax was to tax the working man...I completely agree that a Federal Sales tax is a much better plan

just about all presidents donate their salary, they dont spend any money so they dont need it, upon leaving office they get paid to speak, way more money then the salary of a president

[Wolverine]

I'M CONFUSED: How can nearly 2 million people get into Washington DC in sub zero temps in 1 day when 200,000 couldn't get out of New Orleans at 85 degrees with four days notice?