I believe in the FairTax...this is just a quick email that I had sent to get my family motivated.
Don't just delete this Email - it's not your usual chain letter!
It
contains info that has everything to do with how you earn money, pay
taxes, fund the government and provide for your family's future. I
don't normally send these things out but this makes such a difference
to us working class schmoes that you can't help but get involved!
First, go here and sign this petition: http://www.fairtax.org/changedc
Then go to the FairTax main site: http://www.fairtax.org/site/PageServer
If you want a brief rundown on the benefits of the FairTax: http://www.fairtax.org/site/PageServer?pagename=about_main
The FairTax provides changes in the way tax revenue is paid to the Government. It's a consumption/service tax, meaning that you pay taxes on what you buy (stuff, services etc.) versus paying an income tax or payroll taxes (FICA), for instance. It will be used to replace
income/payroll taxes that we pay, in addition to removing taxes on death, capital gains and a whole bunch of other taxes, and it will get the IRS off of your back! That's right no more tax returns, no more waiting for a refund, no more taxes on interest income, and no more
having to pay taxes owed. The IRS would eventually be used as a governing agent for businesses only, sole proprietors on up to Wal-Mart, as opposed to the general population. This change by itself cuts millions in costs that we pay in taxes to keep the IRS running.
Less bureaucracy, less taxes. Less taxes, more jobs, more savings, better life for you and your family.
I've been reading about the FairTax and it's a worthwhile undertaking that the U.S. MUST
invest in. There is a bunch of opposition to it and we should start
spreading the word that it's a benefit to this country and its people.
I’ve read this book and it’s full of good information, this $10 will
open your eyes: FairTax:The Truth
The
FairTax will allow you to take your ENTIRE* paycheck home, not just the
pay AFTER TAXES. So if you make $4,000, then you take home $4,000. You
only pay taxes on stuff you buy, YES it's a 23% tax but you're already
paying that 23% (or more) in the items that you're purchasing now. The
taxes that the corporations and farmers pay is embedded into the cost
of everything that you buy. Essentially, the FairTax is a replacement
for the embedded taxes that you pay, it just makes the taxes visible.
So if something costs $100 today with all taxes included (except sales tax), it should cost less or just about the same with the FairTax. The
tax is collected and reported by the retailer and you have your item.
You don't have to worry about reporting it to the IRS, the retailer
does. IMPORTANT TO MENTION AGAIN: The FairTax isn't
an additional 23% on today's prices, it's a modification of today's
prices with embedded taxes. This visibility brings with it
accountability on the part of the government. Imagine knowing where
money is coming from and where it’s going within our country.
It
will also tax those who don't work legally. Illegal aliens will pay
their share just as you do. People on welfare will pay their share,
just as you do. Tourists will pay their share, just as you do. The
people making money illegally (drug dealers, thieves etc.) will also
pay their share, just as you do. So what benefit is there for someone
to buck the system under the FairTax? None! Imagine how much of a
change you would see if illegals couldn’t get away from paying taxes
(more about this below).
By
adding all these taxes up, we will actually take in more tax revenue,
and be able to provide for our nation and its people with a healthy and
FAIR tax code. The poor, middle class and the rich will pay the same
rate – the more you spend – the more you pay.
By
the way, did I mention that you’ll get a “prebate” deposit (notice I
didn’t say check) based upon the number of people in your household.
That’s right. You get a refund for every person in your household,
every month, up to the poverty line. So a family of 4 would receive
about $600 (estimate) in order to handle purchases of basic necessity,
poor and rich alike. After all, everyone needs to eat. Here’s the catch
– Unless you’re a proper U.S. citizen then you don’t get this prebate.
Therefore, people entering the U.S. illegally will pay taxes on
necessities and not receive that essential refund. This makes their
illegal status not worth their while.
The
FairTax also brings up your savings accounts because the whole basis of
the FairTax is for decreasing the burden of taxes and increasing the
availability of funds for savings. By increasing savings our entire
nation benefits. People with money spend the money. They buy something,
get taxed, taxes go to the government as needed. However, if you
invest, and you make money on interest/stocks etc. Then you get to keep
that money tax free. Increased take home pay, prebate, no taxes on
investment = more money to the (legal) people = stronger economy = stronger nation.
Don’t
take it from me! Read and learn and contact your government
representative(s). Don’t accept a country that’s heading towards
socialism and massive entitlement programs. Don’t let your
representatives cheat you anymore. We can change how things work, as
long as we do it together.