Thread: Obama plans tax on US firms overseas to fix roads at home

Originally Posted by MW

Like you and I, I guess JohDoe2 is entitled to his opinion. Perhaps he arrived at his conclusion after doing a little research of his own. Just saying .......

Well, reading inaccurate websites set up to kill the FairTax by people who make a living off the income tax system, isn't exactly "research".

I think that the last time Obama used the infrastructure scam was to get the Stimulus that was handled out to support the Democratic political machine. The Democrats just got handed their butts in the elections and they need a lot of cash for 2016. Also, one of the first Executive Orders that Obama signed mandated that all government construction projects in excess of 25 million be done by Union labor so a lot in "infrastructure projects" would probably line those pockets as well. As the actual labor pool contracts, revenues must be gotten from somewhere - the politicians are too accustomed to doling it out to stay in power and Washington and the agencies appear to have become so corrupt, they don't deserve to be funded.

http://www.alipac.us/f19/florida-has...es-u-s-317258/

Learn more about corporations VOTING to rewrite our laws. Global Corporations Are Scheming to Rewrite YOUR Rights and Boost THEIR Revenue

Global Corporations Are Scheming to Rewrite YOUR Rights and Boost THEIR Revenue

Through the corporate-funded American Legislative Exchange Council, global corporations and state politicians vote behind closed doors to try to rewrite state laws that govern your rights. These so-called "model bills" reach into almost every area of American life and often directly benefit huge corporations.

In ALEC's own words, corporations have "a VOICE and a VOTE" on specific changes to the law that are then proposed in your state. DO YOU? Numerous resources to help us expose ALEC are provided below. We have also created links to detailed discussions of key issues, which are available on the left.

http://www.alecexposed.org/wiki/ALEC_Exposed

Originally Posted by JohnDoe2

Learn more about corporations VOTING to rewrite our laws. Global Corporations Are Scheming to Rewrite YOUR Rights and Boost THEIR Revenue

Global Corporations Are Scheming to Rewrite YOUR Rights and Boost THEIR Revenue

Through the corporate-funded American Legislative Exchange Council, global corporations and state politicians vote behind closed doors to try to rewrite state laws that govern your rights. These so-called "model bills" reach into almost every area of American life and often directly benefit huge corporations.

In ALEC's own words, corporations have "a VOICE and a VOTE" on specific changes to the law that are then proposed in your state. DO YOU? Numerous resources to help us expose ALEC are provided below. We have also created links to detailed discussions of key issues, which are available on the left.

http://www.alecexposed.org/wiki/ALEC_Exposed

The Center for Media and Democracy is a Democratic Party pro-illegal immigration website funded by Soros's phony 501 C 3 organizations.

http://www.alecexposed.org/wiki/Guns...nd_Immigration

Funding
CMD states that it accepts donations from "individuals and philanthropic foundations through gifts and grants", but "no funding from for-profit corporations or grants from government agencies." It maintains a partial list of supporters on its website.^[8]

In an opinion for Fox News, conservative media critic Dan Gainor wrote that BanksterUSA received $200,000 from the Open Society Institute (OSI), the charity associated with investor George Soros.^[23] CMD stated that it received a grant from OSI "to continue work on national security issues".^[8]
In 2011, CMD received $864,740 in donations. $520,000, or 60% of 2011's total revenue, was received from the Schwab Charitable Fund, a donor-advised fund which preserves the anonymity of donors by not disclosing individual donor names.^[24] CMD has been a staunch critic of donor-advised funds, referring to such donations as "dark money."^[25][26]
The Tides Foundation, a foundation known to donate primarily to liberal organizations, reported giving CMD $160,000 in 2011, but that money did not appear on CMD's tax return. When asked why CMD heavily criticizes conservative organizations for not revealing their donors while refusing to name all of CMD's funders, CMD's Executive Director Lisa Graves said, “The question of conservative funders versus liberal funders, I think, is a matter of false equivalency.” ^[27]
In June 2014, Politico reported that the Center for Media and Democracy was a recipient of funding through the Democracy Alliance, a network of liberal donors, including George Soros, who coordinate their anonymous political giving.^[28][29]

http://en.wikipedia.org/wiki/Center_..._and_Democracy

The Democracy Alliance is a network of progressive^[1] donors who coordinate their political donations to groups that the Alliance has endorsed. According to a June 2014 report by Politico, "The 21 groups at the core of the Democracy Alliance’s portfolio intend to spend $374 million during the midterm election cycle — including nearly $200 million this year — to boost liberal candidates and causes in 2014 and beyond." George Soros is a major donor to the Alliance.^[2] According to the Democracy Alliance's website, the group "was created to build progressive infrastructure that could help counter the well-funded and sophisticated conservative apparatus in the areas of civic engagement, leadership, media, and ideas."^[3]

And we wonder why the "media" does such a terrible job of reporting the truth to the American People about the ravages of illegal immigration? Who do you think is behind all these "sob stories", untruths, falsehoods, and pity parties that have turned our politicians into outright traitors and thieves lining their pockets with cartel money?

If ALEC was truly behind helping pass SB 1070 in Arizona, and "model bills" in other states, then why would any of us be against them? Conversely, "ALEC EXPOSED", which is a website of the Center for Media and Democracy funded by the Democracy Alliance which is George Soros operation, so why would be promoting their activities which work against our efforts to stop illegal immigration? When ALEX EXPOSED is talking about "our rights", they aren't talking about US citizens, they're talking about the rights of illegal aliens and the primary objective is to make it easier for illegal aliens to break our laws and remain in the country to steal our rights by stealing our jobs and building the world's largest socialist dependent Banana Republic.

The Center for Media and Democracy may not be all bad, some of their positions I actually agree with, but for the most part, there are better organizations fighting for those issues without socialist, immigrant and cartel based motives.

Originally Posted by JohnDoe2

http://www.alipac.us/f19/florida-has...es-u-s-317258/

None of the 45 states that have state sales taxes have a Rebate like the FairTax. Instead they have exemptions for food, drugs and in some cases medical expenses and some other things depending on the state to try to offset that cost for poor people. But pro-income tax 501 C 3 orgies like the Institute for Taxation and Economic Policy don't take into account in their reports that Americans underwrite the poor with food stamps, free school lunch, subsidized housing, TANF, WIC, Medicaid and so forth, so very little of their necessities like food, drugs, medical care and so forth are actually paid for out of their earnings to begin with so their data as well as their method and conclusions are skewed and inaccurate, and they are such because their objective is to maintain an income based tax system which of course as history has proved ensures the failure of the United States. Each year that we stay with an income based tax system, we have growing national debt, rising poverty, more immigration, less jobs, deflated wages and bigger government.

People can either maintain the status quo and suffer the consequences or set their personal agendas aside including some who seem to have a compelling hatred for the "rich", pass the FairTax and start solving our problems. The FairTax is a clear choice to solve those problems and is legislation ready and set to go with HR 25 in the US House of Representatives and S 155 in the U S Senate to commence a remedy to this disaster. If Americans choose not to act and want to maintain the existing system based on lies and deception or lack of understanding and knowledge, then that is their choice as free Americans to do the wrong thing and they can Ride the Dive belly-aching all the way to the bottom.

FairTax Now!

www.fairtax.org

States with the lowest state and local taxes:



4. Florida

Average Annual State and Local Taxes: $3,648
Difference from National Average: -48 percent
Adjusted Rank by Cost of Living: 3

Your Reaction?

3. Nevada

Average Annual State and Local Taxes: $3,370
Difference from National Average: -52 percent
Adjusted Rank by Cost of Living: 2

4 Reactions

2. Alaska

Average Annual State and Local Taxes: $2,791
Difference from National Average: -60 percent
Adjusted Rank by Cost of Living: 4

Read more: http://wallstcheatsheet.com/personal...#ixzz3QgIEQDCe

Interesting isn't it how Florida with the 3rd lowest state and local taxes, after adjustment for cost of living, is labelled by the Institute of Taxation and Economic Policy as the state that ranks 2nd in being the "least fair" to poor people because it chooses to have a sales tax as its primary source of tax revenue.

I believe JohnDoe2's article showed that Florida's lowest 20% of earners, their "poor", paid 12.9% of Florida's tax revenue, which on that chart shows them actually to be 4th, not 2nd, but in any event, this is when you need to know the amount of tax being paid because 12.9% of low state and local taxes is a lot better than say 12.5% of a much larger number. Like the FairTax for example, if you're poor and you pay 23% tax that sounds like a lot, but when you didn't actually pay it with your own money but paid it with your Rebate, it cost you 0, so it can't get more fair to the "poor" than that.

When an industry comes back to the states because of the FairTax and opens up a new plant in your town where you're poor and you get a good job at an average manufacturing wage of around $20 an hour, that's $40,000 a year plus over-time and all types of company benefits, then you're no longer "poor".

Under the FairTax, even though you now have a good job with benefits and your wife also found a job that pays her $20,000 a year working part-time at a new store that opened up after the new factory came to town, you're earning above average household income, and are in the "middle class".

Even so, under the FairTax, you still receive the same Rebate of $7,000 you got when you were "poor" to pay FairTaxes on new goods and services whether you buy them or not. That sounds pretty fair to the "middle class" to me.

A simple FairTax legislation that can move the poor earning less than $30,000 a year into the middle class by bringing 1.5 new good jobs to the family and increase their disposable income from less than $25,000 after income taxes to $67,000 or more under the FairTax is something that most Americans would not want to miss out on, whether for themselves or their fellow citizens.

Once the jobs and investment return to the US, there will be many Americans moved out of poverty back to or into the middle class which will reduce the number of people on social welfare programs dramatically, reducing the budget required to fund them, and eliminating the debt used to pay for it.

Smaller government means lower budgets which means lower taxes which means eventually, the general revenue portion of the FairTax rate can be and should be reduced.

Judy wrote:

Even so, under the FairTax, you still receive the same Rebate of $7,000 you got when you were "poor" to pay FairTaxes on new goods and services whether you buy them or not. That sounds pretty fair to the "middle class" to me.

Sure the stuff your shoveling "sounds pretty fair" to you. However, it's all the stuff you're not mentioning about the SO-CALLED Fair Tax that isn't fair. If you want to constantly push the scam called Fair Tax, please provide the folks with all the information ....... yep, including the negatives. Heck, truth be told, the only reason the so-called Fair Tax gets any support at all from the Congress is because many of them are wealthy and see the plan as a way to protect their wealth. As I've explained in several former post, the wealthy are the only ones that really gain any benefit from the Fair Tax plan. There is absolutely no amount of rhetoric that can change that fact. Like I've said before, the facts are out there for anyone that really wants to research the issue.

Originally Posted by MW

Judy wrote:



Sure the stuff your shoveling "sounds pretty fair" to you. However, it's all the stuff you're not mentioning about the SO-CALLED Fair Tax that isn't fair. If you want to constantly push the scam called Fair Tax, please provide the folks with all the information ....... yep, including the negatives. Heck, truth be told, the only reason the so-called Fair Tax gets any support at all from the Congress is because many of them are wealthy and see the plan as a way to protect their wealth. As I've explained in several former post, the wealthy are the only ones that really gain any benefit from the Fair Tax plan. There is absolutely no amount of rhetoric that can change that fact. Like I've said before, the facts are out there for anyone that really wants to research the issue.

That isn't true, MW, and I've already shown you mathematically why that isn't true. There are no negatives to the FairTax to disclose, none at all. It's simple, it's easy, it eliminates the IRS, it ends forced taxes on income, it ends filing tax returns, it helps our businesses, our economy, our workers, our citizens by relieving them of forced income tax payments, paperwork and compliance issues.

It ends intrusion by government into the private lives of our citizens entirely and reduces much of the intrusion into most of our businesses. It increases everyone's disposable income, individuals and businesses alike. It protects our trade. It helps stop illegal immigration by giving our workers a comparative advantage. It brings $14 trillion in offshore capital home. It brings many of our industries back to the States. It rejuvenates our economy. It shuts down phony 501 C 3 tax frauds posing as charities when they're really political action organizations. It ends tax credit welfare. It robustly funds Social Security and Medicare.

There are no negatives. The complaints you post are inaccurate written by people who made grotesque mistakes when they wrote about it because they didn't understand the provisions of what it does and how it works or just intentionally ignored those provisions because they destroyed the basis for their complaint about it.

FairTax Now!

www.fairtax.org