Showing posts with label flat tax. Show all posts
Showing posts with label flat tax. Show all posts

December 24, 2015

YOur Cashflow is taxed twice, wages & embedded in price of product, same tax twice

Your Cash flow is taxed when you work and again when you spend(embedded), the same tax paid twice.  FairTax ends the first tax and shares the second with imports. Think!

FairTax will save Social Security and move us from this Fiscal cliff with the middle class getting a substantial rise in their cashflow.

Support Governor Huckabee,...

December 23, 2015

IRS=Embedded Tax 22% of USA Product, 2% of Imports #FairTax makes =

IRS = Embedded Tax
American product that costs a dollar is 78 % product price and 22% embedded tax(IRS). Imports are more then the 78% US Product cost due to shipping. Yet imports are well advanced by our using IRS(production) tax system when we should be using Consumption tax:
making the tax burden equal on the import /domestic product store shelf.‪#‎FairTax‬ has been perfected with over 22 Million dollars of study and tweaking. We need a year notice to implement FairTax after Enactment. Don't wait for the election. Or vote Governor Huckabee if not able to figure it out. Tick tock.
Help Governor Huckabee over the finish line and donate today~

May 09, 2014

Why have we lost so many jobs overseas over the past 30 years? #FairTax #sgp #tcot #migop #ocra #safie

FairTax is a tax neutral shift in structure from a mandatory tax on product to a voluntary tax on consumption. FairTax has nothing to do with how we spend, just on how we collect. Read this link completely and then ask yourself if it is wise to go from a closed border trade to open border trade and not change the closed border tax structure. Read this:

http://fairtaxblog.org/480/

“The U.S. Is Alone” And Why It Hurts

 “The tax rate of 35 percent is impossible to provide an incentive to the large corporations, that have $1.7 trillion offshore, to put their money back in the United States.” – Frederick W. Smith
In March of 2011, Pfizer Pharmaceutical CEO Ian Read told The Wall Street Journal, “There should be a tax rate that allows us to compete… in the global marketplace.”
Later that year, H.R. 25, “The FairTax Act” co-author and economist Dan Mastromarco testified before the Joint Economic Committee that America’s corporations were paying “a national statutory marginal [tax] rate of 35 percent, which masks the fact that the return on capital is taxed repeatedly. These rates impose efficiency costs of as much as $728 billion.”
Mastromarco added, “The U.S. is alone in applying its punishing rates – the highest in the OECD and 50 percent higher than the average OECD rate of 23 percent — to domestic and foreign earnings alike.”
Congress failed to heed these and other warnings and as a result, a flood of companies has continued move their production and headquarters operations outside the United States.
- See more at: http://fairtaxblog.org/480/#sthash.PdsrUyM0.dpuf

May 16, 2013

AFFT calls on Congress to eliminate IRS targeting by enacting the FairTax® Press Release


FOR IMMEDIATE RELEASE

AFFT calls on Congress to eliminate IRS targeting by enacting the FairTax®.

HOUSTON, TX - May16, 2013 - Americans For Fair Taxation® (AFFT), outraged by the Internal Revenue Service's (IRS) continued political abuse and intimidation of citizens and organizations, is calling on Congress to immediately enact HR 25/S 122, the FairTax® Act of 2013 and phase out the Internal Revenue Service (IRS). "No person or group is safe from IRS targeting; everyone is a bull’s eye," said AFFT spokesperson Cynthia T. Canevaro.

She added, "The agency, with over 90,000 employees and an annual budget in excess of $12 billion, has historically been the ultimate tool of extreme political manipulation by politicians of both major parties. That’s exactly what our Founding Fathers feared."

"These types of abuses of are nothing new," said Dan Mastromarco, tax attorney and co-author of HR 25/S 122. He added, "In 1819, Former Chief Justice John Marshall warned in McCulloch v. Maryland that, ‘An unlimited power to tax involves, necessarily, a power to destroy.’ The FairTax Act is the only way in which Congress can once and for all eliminate the harassment, political exploitation and selective enforcement against perceived dissidents. It levels the playing field and redistributes power to the citizens who pay the taxes."

The FairTax Plan is a comprehensive proposal that replaces all federal income and payroll based taxes with a national retail sales tax, a "prebate" to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality and, through companion legislation, the repeal of the 16th Amendment, which authorized the creation of the income tax.

"Congress has enabled IRS activities with more than 5,000 code changes in just 11 years, and even expanded their scope to include enforcement of major provisions of Obamacare," said Canevaro. "Congress created this problem. They now have an opportunity to correct it by enacting the FairTax Plan and asking the President to join them in signing the measure into law."

# # #
About Americans For Fair Taxation® 

AFFT was formed in 1995. It is a nonprofit 501(c)(4), nonpartisan, grassroots organization solely dedicated to providing education on the FairTax Plan (HR 25/S 122) to all members of the public, elected and appointed public officials and candidates for elected office – regardless of party affiliation. AFFT does not advocate the election or defeat of any candidate for public office and does not favor any candidate, political party, or incumbent over another. For more information, visit www.fairtax.org

Media Contact: 

Cynthia T. Canevaro 

Americans for Fair Taxation 

Cindy.canevaro@fairtax.org


January 20, 2012

Herman Cain Endorses "The People" (no, he's not kidding)

Join Herman Cain in taking on this Nation in the Solutions Revolution. 

Let's leave this Nation better then we found it! WE THE PEOPLE want our Country BACK!



January 11, 2012

Bye Mitt Romney, again. We need FairTax to return US Industry

Bye Romney, again.

This is the link to the full length video "When Mitt Romney Came to Town."

http://www.webcasts.com/kingofbain/




What made it possible for Romney to act so:
http://rgeorgedunn.blogspot.com/p/america-where-did-we-go-wrong.html

Why, as Presidential Candidates, no one speaks to why Romney Bained US Jobs, hey Heritage?


Romney is currently under fire for his Bain Capital buying up failing US Companies and moving the jobs overseas.  Is it his fault he had such an opportunity? No, but running for President and not offering the solution that will stop such, is.
When we went to free trade, we keep the production tax.  This article speaks to keeping this same tax, flat or not.  Production tax places all tax expense into the price of the product produced, 22% average on goods and 29% on services.
If we are to get back employment, we need to change the tax structure, not tweak it as Heritage is advocating, just as if they are a think tank for the Establishment.  Read this blogg and then go to the top of the blogg and find a link to another blogg on the flat tax v. VAT v. FairTax.  The income flat tax proposed is simply the hitting of the reset button on the over 1,400 amendments to the IRS tax code for the purpose of selling the graft all over again by congress greed.

--
If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.

January 06, 2012

What causes paper money to fail? USA free enterprise foundation has a flaw


  The question that first needs to be answered is:
“What is current as the Money of Account of the United States and how much of it is a DOLLAR quantity?”

Article I, Section 8, Clause 5, says in part, “Congress shall have Power To . . . fix [FIX] the Standard of Weights and Measures.” To construe these words to mean let “Dollar” float, is absurd and a False Belief.

That is the premise of my opinion. I think that education regarding an understanding of the mechanical process of money creation and its nature is prerequisite to meaningful discussion of tax policy. I recommend referring to the source, the Federal Reserve, for their explanation. See “Modern Money Mechanics” and “Two Faces of Debt,” both booklets published by the Federal Reserve Bank of Chicago for their explanation.

If we continue to engage in the distraction of political arguments rather than focus on fundamental principle, we may soon all be using the old phrase, “Not worth a Continental.” The electorate will lose any possibility of influencing an orderly return to Constitutional limits if a collapse occurs. Education is extremely important yet taking a back seat to politics in too many groups.

“. . . A number of characters of the greatest eminence in this country, object to this Government, for its consolidating tendency. This is not imaginary. It is a formidable reality. If consolidation proves to be as mischievous to this country, as it has been to other countries, what will the poor inhabitants of this country do? This government will operate like an ambuscade. It will destroy State governments, and swallow the liberties of the people, without giving them previous notice. If Gentlemen are willing to run the hazard, let them run it; but I shall exculpate myself by my opposition, and monitory warnings within these walls. But, then comes paper money. We are at peace on this subject. Though this is a thing which that mighty Federal Convention had no business with, yet I acknowledge that paper money would be the bane of this country. I detest it. Nothing can justify a people in resorting to it, but extreme necessity.”
- Patrick Henry, 9 June 1788

Modern Money Mechanics http://www.facebook.com/album.php?aid=10104&id=100000009836203



R. George Dunn~ The value of the dollar. Being we are a papercurrency, does not the vlue of the dollar then become the extension of the GDP? If we fail to produce, we fail to consume. If we fail to consume, we fail to produce. Which came first, the chicken or the egg?

The greatest power of our economy is the enorimity of it. It takes a lot to bring it to zero consumption, thus zero production. But, as pointed out, there comes a moment when a sudden lock up of the economy is entirely possible. That would come when you expand the paper money, lowerring it's value in relation to the GDP at a time of the GDP falling or stagnate. If this fact of huge expansion of the paper is covered up and no steps are taken to end the foundational reason for the GDP failing to grow, a day arrives when it becomes self evident. Eventually, the true value of the dollar paper reaches it's true deflation of fiscal stability by hyper-inflating a false GDP growth. No one can afford their cashflow anywhere, bringing the system to a halt.
The failure of paper money is the symptom, be it from neglect of the foundation of the economy or be it from tyranny from within. The value is the same. To repair the economy from a dollar faultering, the foundation of the economy needs to be adjusted to eleviate the clog to growth. The natural cycle of a free enterprise will always have an up and down. It is when government puts into the equation a burden that cannot be overcome by the economy. This is what has happenned to America.
We have placed excise tax on domestic production by movng from a closed border trading community to an open border while keeping a closed border tax structure. This action has produced a downward slide of the economy of the US Dollar, weakening it until it reached a point of threatening to hyper-inflate the currency. Without exposing the hyper-inflation, it is possible t recover from the near sudden esposure of failing, by simply changing the Tax structure to an open border consumption tax.

It would also be very important to find a path to bring back the money standard to finite terms(precious mineral), to avoid such exposure to a fiscal apocalyse in the future.
Here is my blogg on where our nation's economy has gone wrong and how to fix it:

http://rgeorgedunn.blogspot.com/p/america-where-did-we-go-wrong.html

January 05, 2012

Cain Solutions Revolution Express leaving the Station, Elder Cain Engineer, all Aboard~999/FairTax~


Cain Solutions Revolution~

Elder Cain on Hannity,
Described His Solutions Revolution inviting everyone to demand:

*9-9 9/FairTax*
*Energy Solution*
*Money Solution*
The Hannity Appearance announcing the call to Arms of the Teaparty Warriors, Mr. Cain invite's us to the Patriot Camp Site, joining the Quest for the How, to fix our Nation's Crisis.
lol, went there and the server was crashed from the demand for the Cain Camp~
Be patient on the New Site getting back to you. Watch your email for the confirmation Connection link.
This site will have grouping broke down to Congressional District Level. The link to your District will be coming and you will know when. The main purpose is to help candidates aboard the Cain Train, endorsing the Express to those three Solutons.
The Cain Express is right on Schedule. Wonder if Benjamin Franklin will be jealous?
Truth shall set us free and give us the Blessing of providental Proportions~
Federalism and FairTax Please,
RGeorgeDunn
--
If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.

January 01, 2012

Ben Franklin~ Least intrusive tax is the consumption tax as it is voluntary

The reach of a consumption tax mathmatically figures out to be about 2% greater into the wealth of the nation. Please go to the following chart which is based on income you volunteer to use for consumption and how much it will cost you under FairTax and the prebate figured in.  Not that the current price of product is, with competition, able to drop 15% with Federal tax removed, paychecks will be near gross amount, and with a shortage of workers, employers will  have to bid for your services.





December 26, 2011

Herman Cain rebuts misleading 2010 ad against FairTax


For an understanding of where our naiton has gone wrong and what will save the USA, go here

http://rgeorgedunn.blogspot.com/p/america-where-did-we-go-wrong.html

Here is a comprehensive link to FairTax and it's values 

http://fairtax.org

November 07, 2011

Re: A Supercommittee Tax-Hike Surrender Means Republicans Would Snatch Defeat from the Jaws of Victory

Mr. Miller and the Ways and Means Committee,

I agree with your idea Mr Miller, 'budgetary savings of a sequester', but with over 50% of America not contributing to Federal tax revenue, there is not enough time to cut enough to maintain our nation fiscally until we can change the Tax structure and begin to grow our way out, leading the world in Prosperity and new trade value known as the FairTax Plan being replicated world wide, balancing free trade.
Mr. Cain has provided a two step plan to take the shock out of the transparancy of the consumption tax.  But by removing the embedded IRS Code taxes from the price of domestic product, US Industry will gain a 15% advantage in trade with imports, by sharing the burden of Federal taxes equally, instead of the excise burden on our own products as is today, as well as under the offered flat tax by Perry and Romney.
The International fiscal plan for the USA is more of the same. Liberty comes from empowering we the people into prosperity, beyond measure.  To not stand up now for the FairTax plan is, well, need I say?
Thus, we need the taxation increase to get us thru the next few years, with the promise of growth in return. President Obama has of last, demanded tax on only income over one million dollars.  Provide this with the insistance of FairTax being implemented asap.

Sincerely,

R. George Dunn

***
On Mon, Nov 7, 2011 at 6:34 PM, Joe Miller - Restoring America <listmanager@joemiller.info> wrote:


New from Joe Miller:A Supercommittee Tax-Hike Surrender Means Republicans Would Snatch Defeat from the Jaws of Victory
Is this email not displaying correctly?
View it in your browser.
Joe Miller-Restoring Liberty
Friend on Facebook Follow Joe On Twitter Foward to a Friend


Nov 07, 2011 01:42 pm  


Commenting on Supercommittee deliberations last month, I asked whether Republicans will choose the real budgetary savings of a sequester or surrender to a tax hike. Well, it appears that the GOP likes being known as the Stupid Party and is seriously considering a plan to increase the net tax burden on the American people – [...]
A Supercommittee Tax-Hike Surrender Means Republicans Would Snatch Defeat from the Jaws of Victory Joe Miller - Restoring Liberty


Like A Supercommittee Tax-Hike Surrender Means Republicans Would Snatch Defeat from the Jaws of Victory on Facebook   share on Twitter   Google Plus One Button



Nov 07, 2011 01:32 pm  


Like A Supercommittee Tax-Hike Surrender Means Republicans Would Snatch Defeat from the Jaws of Victory on Facebook   share on Twitter   Google Plus One Button



Nov 07, 2011 01:27 pm  


The United Nations launched the 2011 Human Development Report, entitled Sustainability and Equity: A Better Future for All, with great fanfare on November 2, 2011. Helen Clark, Administrator of the largest and perhaps the most unaccountable, ethically-challenged of all UN bureaucratic agencies, the United Nations Development Programme (UNDP), presided over the ceremonies held in Copenhagen, [...]
Shady UN Development Agency Pushes Hard For Global Tax Joe Miller - Restoring Liberty


Like A Supercommittee Tax-Hike Surrender Means Republicans Would Snatch Defeat from the Jaws of Victory on Facebook   share on Twitter   Google Plus One Button



Nov 07, 2011 01:24 pm  


(CNSNews.com) – Sen. Charles Grassley of Iowa, the ranking Republican on the Senate Judiciary Committee, said on Thursday that the Obama administration's immigration polices are contrary to the rule of law. "It's well past time that the administration come to its senses and realize that their policies are at odds with the rule of law [...]
Grassley: Obama's Immigration 'Policies Are at Odds with the Rule of Law' Joe Miller - Restoring Liberty


Like A Supercommittee Tax-Hike Surrender Means Republicans Would Snatch Defeat from the Jaws of Victory on Facebook   share on Twitter   Google Plus One Button



Copyright © 2011 JoeMiller.US, All rights reserved.
* Privacy Policy: We take your privacy very seriously and will never sell, rent or otherwise share your email address with third parties. You are receiving this newsletter because you expressly asked to receive information from us at the Joe Miller website. If this newsletter no longer suits your needs, please use the option below to concel your subscription.
Our mailing address is:
JoeMiller.US
PO Box 83440
Fairbanks, Alaska 99708

Add us to your address book




--
If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.

October 13, 2011

@TheHermanCain 9-9-9/FairTax Plan has great traction as the only plan to fix our economic mess

FairTax is the best progressive plan there is as it ends tax on all essentuals up to the maximum poverty wage for everyone. It also takes out of the price of domestic products all federal taxes, put there by the employer to recoup the tax expense. It also givs workers gross pay, no more federal tax of any sort.

9-9-9 is a half step to fairTax, as it takes out only a small portion of federal taxes from the price of bread made in America, 22% today is federal taxes. 9-9-9 will bring in eployment, thus jobs.

FairTax will bring in more employment making it so workers will be in emand and will have bidding privilege of who wins your labor.

9-9-9 will be kind to middle class in the long run. In the short run, your income tax is 9%, not 15 or 28% or is it 34 now. Also, you no longer pay for SSI by direct deduction. That is a 7.65% pay raise in reality of cashflow. After yousee the benefit of a half FairTax, you will embrace a GDP growth over 10% for years.

What we need to add to 9-9-9 is Constitutional Conduct in DC. By going to a privately owned HSA/IRA, locally invested, we can end federal entitlements.


--
If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.

June 23, 2011

FreedomWorks is organizing the Teaparty Patriots to support the deathly flattax. Stop them for the Fairtax

Walt Bagley ~
I went to a tea party event the other evening. There was a talk on the FairTax followed by a talk on the flat tax. Followed by a Q & A session. The flat tax was presented by the state director for Freedom Works. He said he thinks the FairTax is a great idea "BUT". He said you have to repeal the 16th amendment first but there has only been one amendment that was ever repealed. The process is too hard. We would not want to have both the FairTax and then have Congress introduce a new income tax during the seven year period we are trying to repeal the amendment. A flat tax would be easier to pass through Congress. He did say he was not promoting HR-1040 but did not have an actual bill for a flat tax.
***

Press availability on Monday June 27th at 10am in the FreedomWorks office
--(BUSINESS WIRE)--FreedomWorks:
"We think about the Tea party movement in phases"
WHAT: FreedomWorks will be hosting some of the top grassroots activists from across the country for a comprehensive training boot camp from June 24-27th in the FreedomWorks Headquarters. These activists will be leading the charge on numerous state and national battles in the months leading into the 2012 elections....cont
***
My comment:
We have witnessed the Freedomworks Group leaders bury a polling done on what is the most important issue. Fairtax gained 90%<> support and the closest competitive plank was flattax at 7%. There has been an underlying fear of this group not being true to the Patriot cause. Now we have evidence .  The Flattax was used by President Reagan when he gave us freetrade to counter the effects of a closed border tax in an open border trade policy. We have witness the effect of leaving the same tax structure in place by streamlining it.  Congress has sold lobbyists over 1,200 amendments to the Reagan flattax. Now we have what appears to be an stealth RINO group attempting to stir us into the same destructive plan.
 We have lost jobs steadily since free trade was implemented and we have seen our Nations deficit spending increase every year, even in what they claimed to be prosperous years.  We have been told service jobs will replace our lost industry, that high tech industry will sustain our growth fiscally. None of this was true.
The question must be asked, why would our smartest leaders in Washington act so dumb? What is their mission?  It certainly is not for the benefit of the American people, either party.  If you step back, you will see how both parties have danced us down this road of socialism until we are now on the brink of fiscal collapse. Ask yourself, why would DC not change when the GOP gain the two branches Under President Bush43. It upset the puppet master who found his strings suddenly all wound up. So what became the mission, pork pork pork. 
Let us not let our new found wakeup teaparty Patriot mission be stirred into the ditch. Stand against this attempt to squish our path to liberty and freedom. With Fairtax, be sure to follow up with Constitutional conduct. Begin by reducing non entitlement spending 10% every year until it is cleaned up. Enact Fairtax to gain back our industry, Make a date certain with a 25 yr plan to transition all entitlements back to the States our the individual by recommending private HSA/IRAs locally invested.  This will end unconstitutional action by the Federal Government, reducing their taxation by over 90%, leaving we the people and our States the revenue needed to do what is the power entitled by the Constitution.
State legislatures need to be held accountable for their actions in nullifying the tyrannical coupe by the Federal Government. In them lies the immediate Power to get this done. The Article five of the Constitution holds the key to control over our Federal Government. The preached fears of a Constitutional Convention destroying the Constitution is false. Any resolution in that Convention must meet the approval of 38 State legislatures. That is a far less threat then the Coupe that is happening right before our eyes.  Remember the frog in a cold water filled frying pan, who did not see the change in temperature until he cooked to death. Our apathy has near destroyed us. Jump People, for our Liberty!!!

To understand how our Nation got to this fiscal mess and what is needed to fix it,
go to this page http://bit.ly/c9u3X3
The future for our Children's children depends on our tenacity to Re-Founding America, now~ 
Here is undeniable proof Freedomworks is for keeping the corrupting current tax structure and leaving the federal taxes embedded in American good:  http://t.co/RwQyTQD
--
If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must forgive them, including myself.

May 25, 2011

NYTimes- @theHermanCain is attacked by the RINO Bartlett for supporting the Liberty proposal known as Fairtax Plan HR25


May 24, 2011, 6:00 am

Is the Fair Tax Herman Cain's Ace in the Hole?


Bartlett has been the front man for protecting the status quo in the Federal Government to include the Shadow Government using both parties to dance for us while we march into the vast Nationalist State of non-Constitution rule by this power. Bartlett fails to mention that when you buy American made product you are paying all federal taxes hidden in the price and if you are a working citizen who pays their taxes in your paycheck, you are paying federal taxes again in buying American.  Even bread has hidden federal taxes, unless it is imported bread.

We need jobs, not more support for the Lobby corruption in Washington. Fairtax will take away the goods to sell by Congress and end the bribery. go to rgeorgedunn.blogspot.coom to read a top link on how we got into this mess of distributing our manufacturing around the world and how we are now at the end of this road and to what purpose do we continue down it. Only reason is to destroy the USA fiscally and why???
--
If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must fore give them, including myself.

www.sdforeclosureinsider.com