NEW ARTICLES  HOT ARTICLES  TOP RATED  ADD AN ARTICLE  UPDATE AN ARTICLE  GET RATED 
  HOME     MY ACCOUNT     POWER SEARCH     REGISTER     SUPPORT     SUGGEST CATEGORY  

What Would It Mean To Pass The FairTax Plan?
23099 Finance > Taxes Apr 26, 2007 What Would It Mean To Pass The FairTax Plan? How would you like to keep one hundred percent of everything you earn? That is one hundred percent of your paycheck, your savings interest, your inheritance, your winnings and any money given to you from a benefactor. How much would you like never to have to worry about tax laws, deadlines, audits, penalties and punishments? Imagine a world where April 15 is just another day of the year...won't that be wonderful? It will soon come to pass. Some day in the not so distant future we will all benefit from the passage of the FairTax Plan (HR 25/S 25). Once this piece of legislation becomes law the United States will experience an economic escalation that is unprecedented in history. Imagine the cost of living actually moving downward! Envision fuel prices falling and the prices for everyday consumables lowering back down to sixties proportions. How about being able to have mortgage companies actually compete with low prices against each other? With the FairTax in place we will see incredible job growth. There will be hundreds even thousands of jobs that foreign companies will be bringing back to America. It will be poetic justice when Asian companies start building "call centers" all over the USA. We'll see Japanese, German, Chinese and even Mexican manufacturers moving into the USA to save huge sums of money while providing Americans with jobs-a-plenty. Our farmers will actually be able to cultivate their lands knowing full well that their family business will stay in the family and not be sucked dry by the banks. There won't be any need for tracking thousands of expenses just for tax purposes. When the patriarch passes away his family will be able to keep the farm because there won't be anymore inheritance taxes. In fact, farming will become highly profitable again. The FairTax will equally lessen crime and make criminals pay taxes from their illegal income for the first time ever. Because when crooks buy with their ill gotten gains they'll be paying taxes on their purchases. For the first time ever, illegal aliens will also pay taxes despite their "under the table" cash income. Most of the lobbyists on Capital Hill will have their power brokerage decreased because tax "favors" will no longer be used to garner corporate political clout. I have just touched the surface on all the inconceivable benefits that are going to be reaped once we make our political leaders realize that we want and need the Fairtax. The United States was always the world's model for economic prosperity...that was up until the mid to late 1990's. Then somewhere in that decade we fell behind several other nations. With the FairTax enacted, we will once again become the world's economic trend setter and employment magnet. This is the first in a series of FairTax articles that I will be writing. In each of the subsequent articles I'll focus more on informing you with better detail about the FairTax benefits. If you would like to know everything about (HR 25/S 25) in advance then please go to the Americans for Fair Taxation website. There you will find tons of stuff and highly important political information on how we can all persuade our representatives into enacting the FairTax Plan. John DeJong is the creative designer for NotMeUSA. He's been writing humorous advertisements for over 25 years. All the funny t-shirts, fun pill bottles, and gag spray bottles were created by him. You can see all of his FairTax T-Shirts by visiting him at

Write a Review   Add to My Favorite   Refer it to Friend   Report Article  

Average Visitor Rating: 0.00 (out of 5)
Number of ratings: 0 Votes

Visitor Rating


Other links at Finance > Taxes
Estate tax planning is essential if you want to preserve your wealth for the coming generations. In order to start planning, you need to know the potential estate tax liability.
Category:

In taxes you want deductions, deductions, deductions. H&R Block, God bless em, is all about your money, money, money. I lost thousands of dollars using H&R Block, however, due to the Turbo Tax Premier Software I was able to get almost all of it back. Not
Category:

There is an adage that claims that the only things certain in life are taxes and deaths. One could presume that tax laws are as easily determined and understood as one identifies death. When a person stops breathing and his brain stops functioning, he's
Category:

Conserving energy is on the minds of most Amerians today. With gas pries skyroketing, everybody is looking for ways to save energy, whih translates into saving money. If it takes $500 to heat your home in the winter, imagine how muh it
Category:

Banking online has become the quickest growing internet activity, with nearly 4 million users already managing accounts, and paying their bills through a virtual bank. With the convenience and ease of online banking, everyone seems to be in on the
Category:




Site Sponsor
Directory Statistics

Articles: 68309
Categories: 501

Yahoo Entertainment
Valid XHTML 1.0 Transitional   Valid CSS