Tuesday, April 15, 2014

Sen. Roberts Becomes Champion of Fair Tax

In an email to supporters, Senator Pat Roberts took tax day as and opportunity to Re-affirm his undying support for the Fair Tax:

Roberts logo 2
April 14, 2014
Dear << First Name >>,
Tax day is fast approaching. While it's in the news and fresh on the minds of most Americans, I want to reinvigorate the fight to gut the IRS and establish a system that is fair to everyone and that puts more money back in your pockets and less in the pockets of Reid and Obama!
If you are with me in this fight, take the following steps now:
1. Respond below and automatically add your name to our open letter to Senator Reid calling on him to allow debate on a fair tax system before the November elections!
2. Contribute any amount you can today. I promise to invest it immediately in our efforts to elect a Senate that will implement a fair tax code that respects taxpayers and encourages economic growth.
3. Forward this email to as many friends and neighbors as possible and impress upon them the importance of being engaged.
We need all hands on deck this week!
Thanks for being an active part of our team!

The announcement is not only timely, but is likely targeted specifically at Milton Wolf's base of support which is largely made up of Fair Tax supporters.  But, KC area Fair Tax supporters aren't buying into his devotion to the cause.

"Republican Senator Pat Roberts is trying to look all Conservative now by appealing to the FairTaxKC board for our support and by becoming a Fair Tax Co-Sponsor after thumbing his nose at us for a decade," wrote one Fair Tax board member on his blog.

To be fair (see what I did there?), Senator Roberts did sign on as a co-sponsor to Fair Tax legislation in September of 2013, making Kansas the only state where their entire congressional delegation has signed on to the plan.

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For those who are unaware, the Fair Tax plan would replace federal income taxes with a consumption or sales tax.  Many argue the plan is regressive, resulting in the poor paying a higher percentage of their income on taxes.  However, the Fair Tax plan calls for an annual prebate payment to the poor to alleviate the taxes on food and clothing.

Unfortunately the plan is pretty much unattainable at the federal level because it requires the repeal of the 16th amendment, something Democrats, to say nothing of the fear mongering media, will ever allow to happen.  So, it is difficult to see just how many votes Roberts or Wolf wins for their side by latching on to the plan.

1 comment:

Anonymous said...

The “Fair Tax” is a Fraud – we need a 10% “Tithe” Tax!

This only a brief summary - for supporting details of all comments, call 423-532-7337.

FT proudly advertises that it is MORE PROGRESSIVE (MORE WELFARE).

Prebate is NOT a real refund of FT paid as it appears to be. It is a new $600B ENTITLEMENT, which would have ALL Americans receiving a substantial monthly check from the federal govt.We simply cannot afford yet another huge entitlement that will only be increased in the future.

The FT and the Prebate would leave the working poor making no contribution at all to funding the federal budget and paying nothing even for their personal SS/Medi benefits.

The FT and the Prebate FT then extend tax welfare to the non-working poor – and also take the next Progressive Cloward-Piven step towards giving SS/Medi to all regardless of work, by removing the tax “penalty” for reporting SS Wages, thereby “inviting” the fraudulent reporting of SS Wages.

The Prebate is apparently calculated to merely repay the poor for any FT they pay, but actually would pay them far MORE than any FT they might pay (by “assuming” the poor spend MORE than the underlying HHS Poverty Guidelines and also by “assuming” they will pay FT on ALL of their purchases, but they WON’T) - and FT also provides free SS/Medi to the working (and some non-working) poor.

The FT produces a 40-70% in-your-face retail sales tax that would spark a taxpayer rebellion that would destroy our retail-sales-sensitive economy. 40% = 30% (not 23%) FT + e.g., 10% S/L sales tax and 70% is the rate needed at a sample 30% FT evasion rate (the FT incredibly assumes ZERO evasion and ZERO intentional reduction in spending and ZERO migration from new to used goods).

IN ADDITION to that 40-70% tax, the FT contains several HIDDEN TAXES. 1) FT’s 30% rate is really 42+%; the 12+% is hidden by having fed + S/L govts paying FT (which is likely unconstitutional) – ultimately, they must get that money from you. 2) The initial 30% rate is 1-5% short and that plus any other revenue shortfall will have to be made up by raising more FT (or a NEW Income Tax), 3) The fed budget will rise for a) higher SS benefits and higher COLA’s payable to all federal retirees, both induced by FT’s price increase of nearly 30%, and for b) fraudulent new SS benefits invited by FT’s removal of the “tax penalty” for reporting SS Wages, – more FT (or a NEW Income Tax) we be required to fund these.

The NEW IRS (i.e., the STAA) may well be far worse, far more invasive than today’s IRS (the buyer is liable to pay FT and get/show a receipt – The STAA may audit consumers) – also we may well have to file an “Annual FT Summary”.
We may well wind up with BOTH a NEW Income Tax AND the FT, when Congress repeals the FT’s Sunset Clause and enact a NEW Income Tax .

Seniors will start to pay for SS/Medi again and some will pay a 2nd-3rd tax on their earnings. Many middle class seniors will pay more FT than they would have paid in Income Tax and many will lose purchasing power because of 1) the nearly 30% price increases and 2) the higher S/L & federal taxes required because they must pay FT and can only get the funds from us, and 3) higher federal taxes due to higher SS & pension COLA’s and fraudulent SS benefits.

The FT promises grand economic benefits which are all UNPREDICTABLE - mere Hype & Change.

What we need is a Flat Income Tax with No Deductions, No Exemptions, No Credits and a 10% rate, with business income taxed to shareholders on a very simple basis (i.e., no corporate income tax) - See H.R. 1040 (which has been included in Paul Ryan’s new budget), but with changes as noted here (IRS is neutered, 1 page tax filing, everyone pays - more evolutionary). Call your representatives in Congress and let them know that this is what you want.