Fiscal Responsibility
Constitutionally Limited Government
Free Markets
Middlesex County Tea Party in New Jersey
Taxed Enough Already

 

REPLACE PAYROLL & INCOME TAXES WITH A PROGRESSIVE RETAIL SALES TAX THAT SUPPORTS FREE MARKETS AND LIMITS THE SIZE AND GROWTH OF THE FEDERAL GOVERNMENT

  

The FairTax BETA 0.1
from  FAIRTAXER
Posted on November 9, 2011 by robtwilliams
To read this article online and to read additional articles click here.

Long, long ago, in a land not so far away, a Secretary of the Treasury had dreams of a consumption tax that would fund America’s government and help a thriving America grow even more. Thoughts of the FairTax have been around since before December 12, 1787 when Alexander Hamilton wrote the following as part of the Federalist Papers #21.

There is no method of steering clear of this inconvenience, but by authorizing the national government to raise its own revenues in its own way. Imposts, excises, and, in general, all duties upon articles of consumption, may be compared to a fluid, which will, in time, find its level with the means of paying them. The amount to be contributed by each citizen will in a degree be at his own option, and can be regulated by an attention to his resources. The rich may be extravagant, the poor can be frugal; and private oppression may always be avoided by a judicious selection of objects proper for such impositions. If inequalities should arise in some States from duties on particular objects, these will, in all probability, be counterbalanced by proportional inequalities in other States, from the duties on other objects. In the course of time and things, an equilibrium, as far as it is attainable in so complicated a subject, will be established everywhere. Or, if inequalities should still exist, they would neither be so great in their degree, so uniform in their operation, nor so odious in their appearance, as those which would necessarily spring from quotas, upon any scale that can possibly be devised. 

It is a signal advantage of taxes on articles of consumption, that they contain in their own nature a security against excess. They prescribe their own limit; which cannot be exceeded without defeating the end proposed, that is, an extension of the revenue. When applied to this object, the saying is as just as it is witty, that, “in political arithmetic, two and two do not always make four.” If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them.

Impositions of this kind usually fall under the denomination of indirect taxes, and must for a long time constitute the chief part of the revenue raised in this country. Those of the direct kind, which principally relate to land and buildings, may admit of a rule of apportionment. Either the value of land, or the number of the people, may serve as a standard. The state of agriculture and the populousness of a country have been considered as nearly connected with each other. And, as a rule, for the purpose intended, numbers, in the view of simplicity and certainty, are entitled to a preference. In every country it is a herculean task to obtain a valuation of the land; in a country imperfectly settled and progressive in improvement, the difficulties are increased almost to impracticability. The expense of an accurate valuation is, in all situations, a formidable objection. In a branch of taxation where no limits to the discretion of the government are to be found in the nature of things, the establishment of a fixed rule, not incompatible with the end, may be attended with fewer inconveniences than to leave that discretion altogether at large.

PUBLIUS

What did he say?

The amount to be contributed by each citizen will in a degree be at his own option, and can be regulated by an attention to his resources.You control the taxes you pay, and you can pay as little as you want if you keep track of what you spend.

The rich may be extravagant, the poor can be frugal; and private oppression may always be avoided by a judicious selection of objects proper for such impositions.Spend within your means and you will be taxed accordingly.

It is a signal advantage of taxes on articles of consumption, that they contain in their own nature a security against excess.One advantage of Consumption Taxes is that they help prevent you from paying too much taxes.

They prescribe their own limit; which cannot be exceeded without defeating the end proposed, that is, an extension of the revenue.You cannot purchase more than you make without some form of additional credit or supplemented income.

If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds.If the tax on consumption is too high then people will consume less or find ways to avoid paying them. Side note: economic spending is a great indicator of whether consumption taxes are too high. To increase consumption, decrease taxes.

This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them.Consumption taxes are not oppressive like income taxes, and, by nature limit the power of Government. (See! This was common knowledge back in 1787 even.)

Impositions of this kind usually fall under the denomination of indirect taxes, and must for a long time constitute the chief part of the revenue raised in this country.Consumption taxes are considered indirect taxes (and are therefore CONSTITUTIONAL), and must become a major part of the revenue raised in the USA. 

            

 

 

The FairTax

Creates jobs where the current system destroys jobs. By stripping out hidden federal income taxes and compliance costs,the FairTax makes U.S. goods more competitive overseas and more affordable at home,thereby sharply increasing job creation while sharply reducing our balance of payments defecit. 

Gives you your whole paycheck. No federal income tax witholding. What you earn is what you get.

Eliminates Social Security witholding, the most regressive tax of all, while ensuring the system fulfills it's promise to one generation without being a terrible burden on the next.

No one pays any tax up to the poverty level. Dramatically lowers effective tax rates for lower and  middle income earners.

Allows families to save more and faster for home ownership,education and retirement.

Removes embeded taxes and compliance costs from goods and services.

Homeowners pay their entire mortgage payment with pre-tax dollars, a great improvement over the current mortgage interest deduction.

Eliminates the time and cost of filing income tax returns, costing Americans over 250 billion annually ( about 3% of GDP ).

Raises the same amount of revenue for the federal government as the current income tax system making it revenue neutral.

Taxes the 1.5 trillion dollar Underground Economy consisting of profits from illegal activities such as drug trafficing,counterfiting and prostitution.

Supports the repeal of the 16th Amendment thus making the taxation of income illegal.

Abolishes the IRS.

                                  www.fairtax.org                  

                                                     

 

 The Case for the Fair Tax

 

 

Competition: A Powerful Force to Restrain Big Government

 

 

The Fair Tax Explained

 

 

 

 

 

RRRRREconomic Support for the Fair Tax 
80 Independent Economists including Nobel Prize winner Vernon L. Smith endorse the Fair Tax.

 

 

Economic Slavery, Our Income Tax, and The FairTax Fix

Economic slavery is the condition where people are forced to work or give up time or money; not for their wants or needs, but for someone else’s.

Economic slavery example 1: Income tax’s corporate welfare tax credit is a system of economic slavery where politicians take money from our wallets and gives it to powerful business men setting up systems of crony capitalism where success is less dependent on how good one can produce a product at prices people are willing to pay and more on the relationship to those in power...    (Click the link above to read more)

 

 

Visit FairTax.org!
 

As April 15th, national Tax Day, gets closer, ask yourself, “Why do we have an income tax?” And then ask yourself, “How do we change the system?”

In our system of self-governance, ideas become laws only when the advocates are organized - not just when an idea has merit. You see, when people with a good idea get highly organized, they have a power that makes elected lawmakers pay attention. Those officials then vote to pass it through Congress and the idea becomes law.

So, this is why we have the federal income tax. Regardless of its lack of merit, the federal income tax remains intact and expands. It’s a bad idea, but its protectors flank Congress. Special interest lobbyists and campaign donors aim to keep it in place.

But we know we can do better. We are organizing a challenge to repeal the income tax and abolish the IRS.

Will you join us?

Americans for FairTaxation already has more than 200,000 advocates across our nation. We want you to join us. Last year, you joined our online rally to call for tax reform. You may have been part of the more than 300,000 tax reform patriots who marched with us on Capitol Hill last year.

Many in Washington heard us loud and clear. Now, “tax reform” is a buzz word in Congress. But it’s not enough to want and to wait for tax reform. We need to make it happen. We need to get organized. You and I
know what happens when we don’t organize and mobilize. We get the status quo or worse. Without you, the federal income tax is here to stay. Last year, Congress made 579 changes to the tax code. All it
really needs is one change - eliminate it!

This year, we need you to fully join us to pass the FairTax plan.  Become a patriot and join Mike Huckabee and Neal Bortz, author of “The FairTax Book,” in telling Congress that the FairTax plan is the only plan to get America back on the right track.

Your support is free. All we ask is that you tell your representative to pass the FairTax plan. The plan is in Congress, and it has 45 sponsors. We need your passion and your voice.

You can join us at www.FairTax.org. You can also join us at Facebook.com/fairtax.org.

More than 200,000 like-minded members have their hand extended to you, and they want you to join us.

For America,

Leo Linbeck, Jr., Co-Founder and Chairman
Americans For Fair Taxation
 

 

 

National Taxpayers Union    
America's independent, non-partisan advocate for overburdened taxpayers.

A Taxpayer Petition in Support of the FairTax
Sign NTU's Fair Tax Petition
 

 

                                                                                             


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