Posted in the Huntington Forum
Dear Huntington residents:
Enough dithering over the unemployment problem? Enact Fair Tax legislation!
Economists estimate that the FairTax, by bringing jobs back to the US and creating new ones due to increased demand and exports, would provide approximately 10 million new jobs in the first two years.
Based on an estimated 15 million unemployed right now, the FairTax would reduce the unemployment rate to approximately 3%, or statistically full employment.
Mike Pence has signed on for the Fair Tax; so has Herman Cain, Ron Paul, and numerous others on both sides of the aisle. They all want to abolish the broken income tax and create an economic boom.
Come to the Quayle Museum in Huntington for an informational meeting about the Fair Tax on Monday, June 6, 2011 from 6:30 - 8:30. Bring a friend.
Mary Oberle Hubley
1131 Guilford Street
Sorry, Fairtax is a complete farce, though it sounds great.
As a former Fairtax cult member, let me assure you that Fairtax is quite literally a farce, more of a study in gulllibility and distortion, than economics or taxes.
It is such a farce, that it's own leaders haver run from hearings under oath for 13 years, and they have no intention of ever passing their own plan.
Just one example of the monumental deception by Fairtax --- there is a massive, 300 billion dollar tax on government wages. That's right -- all government wages (except education wages) are taxed. This particular tax has to be paid -- IN ADVANCE.
Yes, in advance. Fairtax leaders have now admitted that the deceptive language in HR 25, and in their own documents (Footnote 19, for example) mean that all military, all state and local, wages and benefits are taxed.
And this is just ONE of the profoundly goofy and hidden tricks of Fairtax.
Don't get mad at me, I didn't lie, Fairtax leaders have lied for 13 years.
They have refused to tell any city or state how much that city or state will have to pay in advance, and refuse even to give a clear formula that city and states would have use to pay this tax in advance. Yet they admit there is this massive tax on government wages that MUST be paid in advance for their "plan" to work.
Learn more about Fairtax deception.
We need a new tax code, not BS.
Oh -- regarding the claim that "economists estimate Fairtax will bring jobs back" is totally wrong.
Fiartax original "research" economist is Dale Jorgeson, from Harvard. Fairtax claimed his research showed all these wonderful things.
Too bad Dr. Jorgeson immediately repudiated Fairtax, and said, essentially, they were goofy. Dr. Jorgeson said that the ONLY way prices could go down (a basic promise of Fairtax) is if everyone took a 20% pay CUT, and then paid the world's highest sales tax.
Dr Jorgenson COMPLETELY repudiated Fairtax's distortion about his research.
Fairtax has paid Beacon Hill, a private firm that does public relations, NOT research, is the big spokesmen for Fairtax. Even Beacon Hill's documents show that they would have to make city and states pay a MASSIVE tax -- in advance -- on wages. And an even great tax, not in advance.
When you find out what is really going on with Fairtax hustle, you realize it's bogus.
WE need a new tax code, not more BS and balderdash from people who are purposely and profoundly misleading the public.
The only thing bogus here is YOUR comments!!
The Fairtax is a consumption tax. NOT an income tax!
You have twisted a footnote in HR25 and twisted it into a topic to scare the crap out of people. Stop your lies and GO AWAY! We know you make a living off the current tax code and will do anything to keep it that way!
Mark; I've seen your comments from another source...Lawrence Vance in Florida. He (and you) fail to provide a complete and honest picture of the FairTax. Article 1, Section 8 describes what can be taxed, Duties, Imposts and Excises (all are taxes on sales). Article 1, Section 9 describes what can not be taxed, "No Capitation or direct tax shall be layed...". Capitation means "tax on a person. The 16th amendment negated Art. 1, Sec. 9 to allow the income tax to be legal. The 16th can only be repealed after it is replaced with some form of SALES TAX. And NO, the FairTax does not burden the States, quite the contrary. Each State keep 1/4 of 1% of the FairTax it collects. Indiana would actually receive more than it would cost to collect the FairTax AND the State Sales Tax. Maybe you should read some of the research papers issued by the highly respected Economic Think Tank Beacon Hill. One last thing, HR25 has been held in commitee for one reason, it takes the power to tax away from the politicians. The more people who learn the truth about FairTax, the more pressure can be put on those who represent us. If FairTax is a "complete farce" then encourage Congress to debate it on the House floor. FairTax is not perfect, but it is as FAIR as possible to all Americans. Mark, I doubt you were ever a FairTax supporter.
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