Why Our Political Leaders Should Embrace the Fair Tax Plan.
23102
Finance > Taxes
Apr 26, 2007
Why Our Political Leaders Should Embrace the Fair Tax Plan.
The Fair Tax Plan (HR.25/S.25) has been out for well over a year now and yet there are still many people who have never even heard of it. One would think that a plan as bold and beneficial as this would be sounded from one coast to the next. Yet that is not the case. As a point of fact there are many liberal political leaders who continually ridicule the Fair Tax Plan whenever it is mentioned. They're acting under the misguided belief that this wonderful plan favors the "rich". That is the farthest from the truth as one can come. The sad fact is that if any of these doomsayers would take the time to actually read the entire plan then they would quickly recognize it for what it is-the greatest social welfare program of all time. This belief Fair Tax proponents share is held because HR.25/S.25 will do more for the "lower income" wage earners in the U.S.A. than any other liberal program(s) in existence today. You see, all consumers will receive an annualized rebate (in 12 equal monthly installments) on necessary living expenditures up to the poverty level. The size of the monthly rebate will be determined by the government's published poverty level for a particular household size, multiplied by the tax rate. What this means is that for each person the monthly rebate will be increased in order to pay for the entire household costs for the basic necessities of life. This monthly rebate is given to all citizens regardless of age, sex, race, or income level. This is how the Fair Tax would have worked in the year 2000. An individual would have received 100% of their pay check. That is if they earned $250 per week they would have taken home $250 per week. Plus, the individual would also receive a monthly check of $160 each month to help pay for their basic necessities of life. That's a tax-free income and another $40 a week for your own benefit. The best part of all is what the Fair Tax Plan will do for families. Back in the year 2000 a family of four would have received an additional $431 rebate per month for their livelihood. That payment will happen each and every month until the children become adults. When one considers all of the added values with the Fair Tax in buying used items like cars and homes tax free; there is no better way of helping others to live the American dream. Is that not what we all want in these United States? Is it not the entire Democratic doctrine to bring equality among the masses? So then why do your democratic leaders refuse to back HR-25/S-25 and all that it will do for America? These are the questions that you must demand of all of your representatives to answer-democrats and republicans alike. The above are just a few of many more questions to be asked and I will address them all in following articles. Until then you can download and read the entire 40 page Fair Tax Plan brochure at the Fair Tax Volunteer website. While you're there you will also find tons of stuff and highly important political information on how we can all persuade our representatives into enacting the FairTax Plan. Of course you can also join the tax revolution while you are there.
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
Write a Review
Add to My Favorite
Refer it to Friend
Report Article
Other links at Finance > Taxes
The right time to planning estates is when alive, but unfortunately, this cannot always be done. This is when beneficiaries end up owning large estates and with huge taxes to pay.
Category:
You are a smart businessman but you shouldn't be embarrassed to acknowledge that you need help when it comes to sorting your finances. If you run your own business, a tax professional would be a very big help. It is of utmost importance that you choose yo
Category:
There was one a song about battling the law and losing. Fortunately, battling the IRS is possible and sometimes inevitable. Battling the IRS There omes a time when many Amerians must take ation against the IRS. The IRS an
Category:
The Toyota Prius is the vehicle that started the entire hybrid vehicle craze. It continues dominate the market and the IRS has announced the tax credits for this year. IRS Announces Tax Credits For Toyota Prius In an effort
Category:
The reason for making an estate plan is to ensure that all your assets are handled in accordance with your intentions after your demise. The plan consists of creating a host of legal documents which may include deeds of trusts, a will and other legal inst
Category:
Site Sponsor
Directory Statistics
Articles: 68309
Categories: 501
Yahoo Entertainment
