MI FAIRTAX CLARION SENTINEL mifairtax.org official newsletter vol. 10
LIPSTICK ON A PIG!
"I'm not going to look at tax reform until we have cut government spending" results in perpetuating the status quo. Because of self interest, politicians for generations have failed to cut the size and spending of Michigan's government. Some well meaning candidates, (and some dishonest ones), campaign on cutting government, but once elected see the power and campaign contributions that can be theirs by granting tax favors to special interests. To assure that candidates follow through on their promises to cut spending, voters need to have candidates pledge to carry out a clear plan. The MI FairTax is the only such plan being proposed today. Many candidates claiming that they will look at tax reform later lack the desire, courage, or vision to tackle REAL tax reform. Sounding strong about tax cuts is often a ploy to fool voters into thinking a candidate is a reformer when in reality they end up continuing business as usual. Business as usual in Lansing, is the purchase by special interests of tax favors from our elected officials. This lucrative trade benefits the buyers and sellers at taxpayers' expense, and results in runaway spending as the politicians repay the special interests. It also results in a government that represents special interests rather than constituents. Politicians are reluctant to reform the very tax system that gives them so much power and contributions to keep them in office. This trade in tax favors perpetuates our current tax system that is driving business and jobs out of Michigan. We cannot afford to feed this pig any longer, and Michigan's awakened citizens now recognize the pig no matter how much lipstick is applied. What some of our elected officials fear most is the Michigan FairTax, because it eliminates the ability to sell tax favors. Many candidates are now unselfishly campaigning for the adoption of the MI FairTax. They are showing true leadership and courage in opposing the corrupt current tax code and will deliver a tax system that will treat all individuals and businesses alike, and will give Michigan the most attractive business and individual tax system in America. If a negative statement about the MI FairTax is heard, then evaluate the source by following the money. It is likely that the source, individual, or group, is benefiting from Lansing's business as usual trade in tax favors, or is otherwise benefiting from today's complicated tax code. Voters in the August primary and the November general elections must see through the "no reform until cuts are made" and identify the pig. Candidates advocating the MI FairTax recognize the business-as-usual pig with lipstick. They stand before the public with the proposal for real tax reform that will save our state for us, our children and grandchildren. They will turn the pig into ham, and bring home the REAL bacon. Roger Buchholtz President, Michigan FairTax Association
Will Rogers: People want just taxes more than they want lower taxes!
OUT AND ABOUT
CONSTITUTION REVISITED The Clarion Sentinel can positively state that the most popular item in our publication has been the online tax revolt. Americans are crying out for a return to the principals which made us a great nation, a return to our roots, and adherence to our constitutional heritage. What was it then that the founders, the writers of our constitution, recommended when further revenue was needed? It was a consumption tax! They envisioned a tax which was self limiting, a tax that was fair, a tax that could not be manipulated or corrupted by the government. But ensuing governments rejected that idea in principal because they said a consumption tax has a greater effect on the poor, the consumption tax was branded a regressive tax. The FairTax is a consumption tax that is unique, it cannot be branded regressive, because the legislation untaxes every American up to the poverty level with a prebate. Yes, the FairTax untaxes the poor, removing the 233 year old "regressive" argument that has plagued efforts to meet our constitutional mandate. Our Founders stated in the Constitution twice that the United States should never have an income tax. The Clarion Sentinel calls for a return to our constitutional heritage, it calls for a FairTax on both the state and national level. "One Nation under God with Liberty and Justice for All"! Donald S. "Doby" Dobrosky Sr. Editor in Chief.
SENTINEL FAIRTAX FACTS
Under a Michigan FairTax there is no loss of federal deduction since a deduction for state sales tax is already in place the income tax preparer simply shifts from an income tax deduction to a sales tax deduction and everything is taken care of.
If you file a Form 1040, and itemize deductions on Schedule A, you have the option of claiming either state and local income taxes or state and local sales taxes. (You can't claim both.) If you saved your receipts throughout the year, you can add up the total amount of sales taxes you actually paid and claim that amount. If you did not save all your receipts, you can still choose to claim state and local sales taxes by filling out the worksheet and use the optional general sales tax tables in the Instructions for Schedule A (Form 1040).
MFTA is sponsoring a Michigan FairTax Summit in Lansing Sunday July 18th 2010, from 11am to 4pm. The purpose of the summit is to create improved awareness of the Michigan FairTax proposal for all supporters and candidates interested in the Michigan FairTax proposal. If you are a candidate, and have not received an invitation, the Michigan FairTax extends that invitation. If your interest is to learn more about the Michigan FairTax you are also invited to attend. RSVP is a must, and can be done by contacting: Mindy Fernandez
The Alternative Minimum tax was originally designed to capture taxes from fewer than 200 super-wealthy families who, through clever tax lawyers, legally paid little or no taxes. Because the House Ways and Means Committee failed to index the AMT for inflation, however, it has grown like the famed kudzu vine to encompass millions of Americans with $80,000 annual income even though those in high cost cities like New York, San Francisco and many other major urban areas would argue that they are anything but "wealthy."
Congress has come to count on the revenues projected under the AMT so a terrible mistake has now become growing quicksand in the federal tax code.