Posted on 02/02/2006 7:35:33 AM PST by thehumanlynx
It is that time of year again. President Bush will journey tonight to Capitol Hill to do a ritual called the State of the Union address before a joint session of Congress. That is, for members who decide to show up.
The President will outline what he wants Congress to do. He will get huge media coverage, those members of Congress who love getting their faces on television will arrive early to get an aisle seat so they can be seen shaking hands with the president and then they will converge in Capitol Hill’s Statuary Hall afterward and do interviews with television and any other media outlet that wants to talk to them....
(Excerpt) Read more at humaneventsonline.com ...
We passed a flat tax twice. Once in 1913 and once in 1986. The 1986 version alone has been amended 10,000 times since.
On that basis, actually 3 times with the first being in 1863.
You should like the FairTax then since it eliminates the income tax, the corresponding tax code, estate tax, gift tax as well as the IRS - and it requires the income tax records to be destroyed. It also calls for the repeal of the 16th amendment.
You won't be ... see post #23.
Exactly.
For many people not being wrong or not making an error is prominent. This tells us something about an environment that derides people for making mistakes and errors. The reality is that mistakes and errors present opportunity to benefit oneself by correcting them oneself. The wrong thing to do is rationalize ones own errors as not being an error but rather something else. The person that rationalizes cuts themselves off from the opportunity to benefit themselves.
History, some people erroneously think that they wont be wrong if the stick to the status quo. History is not an accurate tool for predicting the future. If it was an accurate predictor man would never have progressed from cave dwellers, fire starters or wheel inventors to nuclear physicists. Looking backwards we see that the future is ever-changing.
What happened in Washington DC in 1863 had nothing to do with me. :^)=
Good post. Welcome to FR!
Anyone know the new Speaker's (Boehmer) stance on HR 25?
Great post. I agree the fair tax may not be perfect but it's a hell of a lot better than the disaster we have now.
bttt
"Anyone know the new Speaker's (Boehmer) stance on HR 25?"
Hastert is still the speaker: Boehner is majority leader. AFFT lists him as "Leans For" on their scorecard.
But think about it just like a SciFi story ... your great-great-great grandfolks might never have me if it weren't for ggg-gpa walking into her office to pay his taxes ... and then you'd be - mebbe - non-existent.
Thanks.
What I mean is, my GGGPA's were in the Confederacy. LOL.
Guess that figgers from yer home page ....
Sorry I just saw your note. I was out of town, then very busy.
The way I present it to people varies on the context. The most frequent mention is usually when talking to a business owner about a companies financial statements. - For your context, I am a business broker - I work with people who are either selling or looking to buy a business. Business owners are usually S-Corps, and almost every single one uses the corp to pay some personal expenses. This reduces the taxable income, and in effect allows them to use pre-tax money for their personal expenses. In many situations, that type of income is the "make-or-break" difference in their ability to make a decent living while they work their butts off to run their business.
In the context of reveiwing a companies financials to determine the value in a sale, it is often a regular course of discussion about tax policies. I'm constantly surprised by the number of business owners who have never heard of the Fair Tax, and disappointed that so many love the idea but simply believe it will never get anywhere.
From my personal experience, the Fair Tax's impact on small business in this country would be absolutely tremendous! Imagine if business owners could keep their books "clean" - and could then prove their income to a buyer, to a bank, etc. The value of businesses would increase tremendously overnight. That doesn't even consider how many businesses could hire more people if they weren't paying accountants, employer taxes, etc.
From my perspective, the Fair Tax is the single most impactful opportunity we have - if we can push the politicians aside and get it done by the will of the people!
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