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02-09-2015, 12:27 AM #6
The FairTax is the way to go and it has a built-in transition period of 2 years. The year it passes, then 1 year after that. So if the FairTax passes in 2015, it would be in effect in 2017 and the IRS would be dismantled one year after that to process the 2016 taxes filed in 2017. There's no justification at all for any Republican to be yapping about a "flat tax" as a road to the FairTax, they should just support the legislation for the FairTax, which is HR 25 in the US House of Representatives and S 155 in the US Senate.
Most Democrats will never support it, although some will when their constituents start demanding it like Republicans are demanding it of their representatives and senators, but the main reason Democrats won't support it is because the current income tax hell is their tax, the one they rammed through in 1913 to replace revenue lost when they rammed through a reduced-tariff bill that lowered tariffs on imports, imports that of course cost Americans their jobs and deflated their wages because of foreign competition. They also like the manipulation of the populace, they like authoritarian mandates, they like using the income tax to redistribute income from those who earned it to those who didn't, and work our country towards a more socialist country.
But what they need to realize is redistribution of income through taxation hasn't worked to improve the standard of living, it hasn't paid the bills of government, most of the debt is from massive growing social and corporate welfare in one form or another, and by trying to tax our employers and investors, they've run all our industrial infrastructure and good jobs out of the country that's grown poverty, the budget to pay for it, and the debt to cover the budget deficits.
The FairTax system doesn't tax earners, workers, savers, employers or investors, so everyone who works, earns and produces or provides services has no tax to pay so they stay and grow and expand and improve their employee wages and benefits. Of course, we still need to stop illegal immigration and reduce legal immigration but together, the FairTax and an end to illegal immigration and excess legal immigration will put our country on the right track headed in the right direction. Many of our companies will come home where they belong and our investors who have moved their capital offshore will bring it back, which is what our country needs, what will happen, and why we need to support and pass the FairTax.
But I'm sure we'll need more Republicans in Congress, especially the Senate and of course a FairTax supporting President who will sign it into law to get it through. So we'll hope that by 2016, Republicans who support the FairTax will get the message out in a strong enough fashion to get more Republican Senators and Representatives to make this happen. After all, Repubicans have always opposed the income tax and no Republican today should try to change that long-standing principle, especially now that we have the FairTax proposal which is all figured out, written, studied, and in Congress, both Houses, and ready for a vote when we have a large enough Republican majority to pass it and have a Republican President who will sign it into law.
For those who claim like some in the above article that it will never happen are just silly people who should sit down and shut up.Last edited by Judy; 02-09-2015 at 12:30 AM.
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