Tax the dollars being sent to Mexico
According to Vicente Fox on the O'Reilly show last night, the only reason poor Mexicans are flooding our nation is because they just want to find work. They do only make about 1 to 4 dollars a day for labor in Mexico. Okay, fine! And we know millions of dollars are sent back to Mexico - those dollars are their second highest source of income - so let's tax the money at the time of the purchase of the money order. Because we can't get a national sales tax and because our emergency rooms are treated by illegals as their primary care facilities where they even "demand" a Spanish speaker, let's tax those dollars sent back to Mexico - those dollars that avoid any and all taxation. How's this? You are here illegally and you want to send money to Mexico. Say 100 hundred dollars. When you purchase your money order, we'll take out 15% for federal taxes, 12% for state taxes, and a 10% user-fee to go directly to the local hospitals. Then, of course, the merchant who sells the money order has to take out the cost of the money order and the cost of him becoming a "tax" collector. Or better yet, let's dispatch some IRS folks to sell the money orders. We are paying their salaries anyway, right? And they are masters at data collection. We - Uncle Sam - get to keep 40% of the 100 dollars here! Sounds fair to me; my tax dollars are paying for those emergency rooms and for those translators. One should not be able to come here illegally, get benefits of any kind and skate "tax free". Just shouldn't happen!
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Hey, you've given up on the FairTax? (C'mon, its just getting going! And we need YOU!)
While many who are invested in the current income tax system seek to demagog the well-researched FairTax plan, FairTax's theoretical underpinnings have been professionally reviewed, and its acceptance in the professional / academic community continues to grow.
Renown economist Laurence Kotlikoff believes that failure to enact the FairTax - choosing instead to try to "flatten" what he deems to be a non-flattenable income tax system - will eventuate into an irrevocable economic meltdown, because of the hidden aspects of the current system that make political accountability impossible. Tom Frey, of the DiVinci Institute, foresees the coming collapse of the income tax system.
Here is why the FairTax MUST replace the income tax. It's:
• SIMPLE, easy to understand
• EFFICIENT, inexpensive to comply with and doesn't cause less-than-optimal business decisions for tax minimization purposes
• FAIR, loophole free and everyone pays their share
• LOW TAX RATE, achieved by broad base with no exclusions
• PREDICTABLE, doesn't change, so financial planning is possible
• UNINTRUSIVE, doesn't intrude into our personal affairs or limit our liberty
• VISIBLE, not hidden from the public in tax-inflated prices or otherwise
• PRODUCTIVE, rewards, rather than penalizes, work and productivity
Its benefits are as follows:
For INDIVIDUALS:
• No more tax on income - make as much as you wish
• You receive your full paycheck - no more deductions
• You pay the tax when you buy "at retail" - not "used"
• No more double taxation (e.g. like on current Capital Gains)
• Reduction of "pre-FairTaxed" retail prices by 20%-30%
• Adding back 29.9% FairTax maintains current price levels
• FairTax would constitute 23% portion of new prices
• Every household receives a monthly check, or "pre-bate"
• "Prebate" is "advance payback" for taxes payable on monthly consumption to poverty level
• FairTax's "prebate" ensures progressivity, poverty protection
• Finally, citizens are knowledgeable of what their tax IS
• Elimination of "parasitic" Income Tax industry
• NO MORE IRS. NO MORE FILING OF TAX RETURNS by individuals
• Those possessing illicit forms of income will ALSO pay the FairTax
• Households have more disposable income to purchase goods
• Savings is bolstered with reduction of interest rates
For BUSINESSES:
• Corporate income and payroll taxes revoked under FairTax
• Business compensated for collecting tax at "cash register"
• No more tax-related lawyers, lobbyists on company payrolls
• No more embedded (hidden) income/payroll taxes in prices
• Reduced costs. Competition - not tax policy - drives prices
• Off-shore "tax haven" headquarters can now return to U.S
• No more "favors" from politicians at expense of taxpayers
• Resources go to R&D and study of competition - not taxes
• Marketplace distortions eliminated for fair competition
• US exports increase their share of foreign markets
For the COUNTRY:
• 7% - 13% economic growth projected in the first year of the FairTax
• Jobs return to the U.S.
• Foreign corporations "set up shop" in the U.S.
• Tax system trends are corrected to "enlarge the pie"
• Larger economic "pie," means thinner tax rate "slices"
• Initial 23% portion of price is pressured downward as "pie" increases
• No more "closed door" tax deals by politicians and business
• FairTax sets new global standard. Other countries will follow
It's well past time to scrap the tax code and pay for government the way that America's working men and women are paid - when something is sold.
This is a very clear example of a case where the Bush administration finds the US Constitution a little bit too binding for its liking. There is no basis at all for the federal government to intervene in a Texas murder trial, and absolutely no basis for bringing international law into such a case. We must hope and pray that our nation has not slipped so far that they find in favor of international law. If this goes against the State of Texas, we are in very bad shape as a nation under the Constitution; basically the Constitution will have ceased to function all together.
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