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

Posted on May 2, 2014 by FairTax Admin

 “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

The regressive progressive income tax in MI will be degressive to jobs- Editorial to Detroit FreePress

The very definition of a regressive tax is the graduated income tax.  "A heavy or progressive or graduated income tax is necessary for the proper development of Communism." - Karl Marx
The way to end the return of employment is to foolishly go down this road.  As to our current tax structure not being regressive, how would you like to pay a MBT on your gross earnings? 

Our State is one of the most socialist States in the Union.  Is that bad?  Well at the State level, not as much as for the Federal Government.  But the same rule applies to employment attraction.  If you make the environment for business more difficult tax wise in Michigan, business will leave or never show up.  That is our problem here in the USA, especially Michigan with nearly the highest regressive tax system in the nation and near the bottom with employment and one of the fastest shrinking State in the Nation , population wise.  How much longer shall we run down this socialist road to destruction, to which history will provide all the proof you need, that socialism fails every time.

There is a tax system plan ready to go, that will provide the greatest incentive for Michigan to grow back jobs which will prosper Michigan and the needed tax revenue by bringing back jobs, which will increase spending which will increase jobs, which will increase spending which will increase jobs, all the while increasing tax revenue and lowing the % of tax needed to operate our State.  Also by choosing the tax system that is job oriented will empty our welfare rolls for the need will diminish greatly.

The very definition of a regressive tax is the graduated income tax.  "A heavy or progressive or graduated income tax is necessary for the proper development of Communism." - Karl Marx
The way to end the return of employment is to foolishly go down this road.  As to our current tax structure not being regressive, how would you like to pay a 22% MBT on your gross earnings?  Michigan is not losing jobs faster then the rest of the Nation for no reason.  It is our taxing which raises the cost of product making Michigan the worst State in the USA for business to succeed.

Our State is one of the most socialist States in the Union.  Is that bad?  Well at the State level, not as much as for the Federal Government.  But the same rule applies to employment attraction.  If you make the environment for business more difficult tax wise in Michigan, business will continue to leave or never show up.  That is our problem here in the USA with our product tax structure, especially Michigan with nearly the highest regressive tax system in the nation and near the bottom in employment and one of the fastest shrinking State in the Nation, population wise.  How much longer shall we run down this socialist road to destruction, to which history will provide all the proof you need, that socialism fails every time.

There is a tax system plan ready to go, that will provide the greatest incentive for Michigan to grow back jobs which will prosper Michigan and the needed tax revenue by bringing back jobs, which will increase spending which will increase jobs, which will increase spending which will increase jobs, all the while increasing tax revenue and lowing the % of tax needed to operate our State.  Also by choosing the tax system that is job oriented will empty our welfare rolls for the need will diminish greatly.

Here is a suggestion on what Michigan should do:  Replace Income and Business tax with FairTax- A sales Tax  http://www.mlive.com/opinion/bay-city/index.ssf/2009/11/replace_income_and_business_ta.html 
The MIFairTax.org plan will not tax the basic needs of everyone, rich and poor alike, by providing a tax credit or a check in the mail to pay for all spending at the ceiling of poverty wage, whether you work or not.  By doing this, the MI FairTax will end the need for a socialist path and will provide for a safety net to all without prejudice nor the need to bow down to a case worker.

To further enhance Michigan employment, support the National proposal to flood this Nation with jobs.  Go to http://fairtax.org/ and learn how and why adding to the cost of production is what has harmed America and Michigan so severely and that by putting tax on consumption will lower our manufacturing cost in product dramatically, especially in Michigan, resulting in manufacturing jobs flooding back to Michigan, the great talent pool of workers in the World.

R. George Dunn