- Thread starter
- #301
Good news . . .
See: Kevin McCarthy disavows 30 percent national sales tax he promised a vote on to win House speaker race
Why is this good news you ask? I say so because of what the FairTax would do if adopted.
If the FAIRTAX ACT were passed into law it:
creates two new tax collecting agencies, an “Excise Tax Bureau” and the “Sales Tax Bureau", in addition to keeping the Bureau of Alcohol, Tobacco and Firearms alive, which will also be collecting taxes.
Imposes the new 23% “FairTax” on American citizens and businesses while Congress’ power to lay and collect taxes on “incomes” remains fully intact;
requires taxpayers to file Fair Tax returns twelve times a year;
requires ordinary working people to register with government in order to exercise a fundamental right of mankind . . . selling the property each has in their own labor;
requires ordinary people to become tax collectors for government;
requires taxpayers to keep whatever records Congress may dream up;
allows Congress to lay and collect countless “excise taxes” which members of Congress may dream up, and could be calculated from profits, gains and other incomes;
creates a new entitlement, the “Family Consumption Allowance” [a monthly government check sent to every “qualified family” in the U.S.] that would become another political partisan wedge-issue used during election time to buy votes in addition to making an enormously large segment of those who vote extremely dependent upon government to access their monthly necessities of life.
So now we know why Kevin McCarthy’s position is “good news”!
Why on earth would any politician, especially a conservative leader such as Kevin McCarthy, after studying the proposed legislation, support this dastardly evil proposal which would enlarge and strengthen the federal government’s iron fisted taxing grip around the American peoples’ necks?
JWK
We are here today and gone tomorrow, but what is most important is what we do in between and is what our children will inherit and remember us by.
Last edited: