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Wednesday, October 15, 2008
Ken Hoagland :: Townhall.com Columnist
Just Trust the Government?
by Ken Hoagland
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Do you feel the leaked information from a global warming alarmist organization is meaningful?



It is past time--way past time--for hometown America to save America from our well-intentioned but criminally incompetent, at best, and cynically corrupted , at worst, national leadership. Do we have a moment to lose? Do we really need any more examples of how the new aristocracy can—and will—destroy the pursuit of happiness?

The reform that can save the nation and restore our identity as citizens who have empowered and limited government (instead of the other way around) is called the FairTax.

Because the FairTax allows every American to take home everything that is earned without any federal withholding, millions of distressed homeowners could actually afford home mortgage payments. The elimination of FICA taxes eliminates the highly regressive Social Security and Medicate tax but the FairTax provides a far broader stream of revenue into these faltering programs. Because the FairTax eliminates all exemptions, gimmicks and loopholes, Congress would be removed from the ability to buy votes with tax giveaways and billionaires pay taxes when they spend money. Because the FairTax makes nearly all federal government taxes entirely transparent, the sovereign citizen can know the score and put the brakes on extravagant new spending. Because the FairTax eliminates the price advantage now enjoyed by overseas producers, American jobs won't be leaving our shores. In fact, because the FairTax makes the USA the most favorable tax environment in the world, we can expect trillions of dollars of investment rushing into the US economy. With the FairTax, our money is ours first and only secondly devoted to government. Savings growth, investments and business decisions are guided by opportunity and real progress instead of tax avoidance tactics.

We've lost more than $2 trillion of our retirement savings in a week's time and our kid's future at college is in serious jeopardy. This didn't happen by accident but at the hands of the very same people who have given the FairTax a cold shoulder. Those candidates and incumbents of either party who would spend our future earnings to stay in office and who reject the FairTax for similarly self-interested reasons now need a strong reminder from voters about whose offices they occupy. Please pay attention to our voting guide and send that message.

Finally, our campaign needs your help—as always. We never have enough to do the job right. Send us a contribution if you can, even in these hard times. It may turn out to be the best investment you ever made. If you can't afford a donation, then help us by recruiting two new supporters. And keep your cards, letters, phone calls, faxes and e-mails going to incumbents and candidates.

The plain fact is, we either now save ourselves from our new aristocracy or suffer the consequences as modern day serfs in a nation never contemplated by our Founding Fathers.

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About The Author
Ken Hoagland is the National Communications Director of FairTax.org.
 
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Popular Articles By Hoagland

Tax and Spend
You are absolutely right that the soaring federal debt is a primary reason for our economic downturn. Isn't it ironic that the greatest contribution to that debt occurred during the Reagan, Bush and Bush administrations.

Why is the Republican borrow and squander superior to what they call tax and spend? Its not like the Republicans don’t spend – they spend on things like wars that weaken our military and create more enemies that harms our country. The Democrats spend on things like education, healthcare, infrastructure and research that made our country the world’s leading economy, which the Republican’s pandering to the wealthy is jeopardizing.

As for redistribution of wealth, the Republican’s are responsible for redistributing wealth from the lower and middle classes to the wealthiest individuals at record rates. Warren Buffet, the third wealthiest person on earth doesn’t think it’s fair that his overall tax rate is close to half that of his secretary, who earns on thousandth (that’s 1/1,000) of what he does. What Obama wants to do is return to the tax rates on the wealthy to what were in effect during the longest sustained period of economic growth in our nation’s history, in during which the national debt was actually reduced.

Economic Stimulus
Why aren't more of our elected officials explaining how are tax code discourages investment in our country? The FairTax Act is already filed in Congress and was written based on more than $20 million in economic research.

We acknowledge that our economy is on shaky ground. Call your members of Congress at 1-202-225-3121 and demand that they co-sponsor the FairTax Act (HR-25/S-1025) to revive our economy!
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