Jobs will fix the fiscal cliff, via Open border free trade tax structure

http://www.thenewstribune.com/2013/01/03/2422253/congress-needs-to-engage-in-some.html#storylink=misearch

Congress needs to engage in some real tax reform

This week we avoided that plunge over the fiscal cliff. Not only did Democrats and Republicans reach a consensus that taxes must increase, but in a final dramatic hour they even agreed on the specifics.

KATIE BAIRD; CONTRIBUTING WRITER

Published: Jan. 3, 2013 at 12:05 a.m. PST

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This week we avoided that plunge over the fiscal cliff. Not only did Democrats and Republicans reach a consensus that taxes must increase, but in a final dramatic hour they even agreed on the specifics.

But it’s not yet time to breathe easy, as the parachute we’re on is only half opened. The tax code changes that Congress agreed to are meager and a far cry from the true tax reform we need....

Read more here: http://www.thenewstribune.com/2013/01/03/2422253/congress-needs-to-engage-in-some.html#storylink=misearch#storylink=cpy

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Congress has been bribed over 1,900 times in IRS Tax Code Amendments since Reagan gave us the last flat tax.  The best way to cure the deficit ceiling is to put everyone back to work.

Since Reagan gave us free trade policies, we have kept our tax structure with the closed border production tax.  Now we are competing with imports having n average 22% handicap of federal taxes embedded in the price of domestic product.  Even a loaf of bread has 22% higher cost in it's price.

We need to end the One State spending going on and go back to having 50 nations, fifty States deciding on their own spending for control of property and morals.  We need to hand off federal entitlements with the State being given a date certain when citizens will no longer qualify for Social Security and medicare/aid.  Transitioning with option based on age and every dollar repatriated from Social security.  Give the States the recommendation of mandating HSA/IRAs, privately owned and local investment an option.

By putting the change of entitlements in sync with the implementation of the consumption open border tax, FairTax, you will find a smooth transition as payroll taxes are one of the many that disappear with FairTax.  Here is list of fixes FairTax will do:

https://www.facebook.com/groups/endclasswarfare/doc/244809798875615/

What we need to do, @repjustinamash. Do tax cut & FairTax~

‎...Obama said the deal now on the table would prevent a tax increase for the overwhelming majority of Americans, extend the child tax and tuition credits for families as well as those for clean-energy companies, and extend unemployment benefits for 2 million people. But even then, he said lawmakers still have to figure out how to mitigate the possible damage from sharp spending cuts that are scheduled to start biting January 2, when the federal government reopens after the New Year's holiday....

http://www.cnn.com/2012/12/31/politics/fiscal-cliff/index.html

Sean Furr~   Aren't these the same Bush tax cuts that the Dems said put an undue burden on the Middle Class? So then, wouldn't it be good for the Middle Class for these tax cuts to expire? As to the "Fiscal Cliff" crap: Wouldn't deep cuts in government spending actually help the economy? Unless of course, you have only read Keynes.
16 minutes ago · Like

R. George Dunn~   The burden came from expanding tax revenue by more people making a living. That is our goal, Jobs. But the small hike in taxes can be eliminated by payroll deductions to balance in say April, retroactive to January first.

500 billion from defense and 5000 billion from the rest. It is needed pronto. We must care for the body of the economy the same way we got here. We must do what Obama wants on the tax issue and change it next time. We need the farm bill extended and we need unemployment extension. We don't want full death tax.

take the trillion dollar cut and the $450,000 ceiling on wealth tax. Do remember, most rich people don't have wages. You tax capital gain and you stifle growth. Best get tax out of doing business in America so we can get back to work.

Not Obamacare, but HSA/IRAs, privately owned, local investment option, States' mandated, by choice.

FairTax is on what you spend, not how much you earn

Under FairTax, the workers will keep their gross pay. The amount of embedded tax expense of 22% that could roll out of the price of product is more like 17%(my estimation). With the 35% corporate income tax and payroll taxes of 7.65% Social security and 1.9% medicare paid by employers can be removed by business out of the price. 

To point to remember, FairTax is not a reduction in taxation, but a neutral shift from production to sales. The real benefit comes from not having to pay those embedded taxes, the same tax we who work had paid with our wage being taken. The other great benefit is the ability to compete with imports and the removal of about 24% of the cost of services which have an average embedded tax of 29%, making services less, which is offset by the increase of those who pay taxes, the rich who don't have wage taxes but spend a lot more money.

The gross pay increase of a families cashflow will offset the slight imbalance of 5% embedded taxes not removed from the price of product but remaining as the workers pay.

Pensions gain as security of premiums is benefited by the explosion of prosperity within the economy, keeping the flow to pension funds making the pensions sustainable.

The poor will gain from the fact that product like a loaf of bread will not contain embedded federal tax and services will be cheaper even with middle income spending.

All Citizens will benefit from federal taxes not beginning until personal spending goes over the ceiling poverty wage level.

Americans for Fair Taxation  http://www.fairtax.org/site/PageServer