Monday, December 31, 2007


------ Forwarded Message
From: Gecko <>
Date: Sun, 30 Dec 2007 20:29:35 -0800 (PST)
To:
Subject: [Geckofeeder] 12/28/2007 06:27:00 PM

>This was posted by GT in the comment section of LGF.
>
> The next time you hear a politician use the
>
> word 'billion' in a casual manner, think about
>
> whether you want the 'politicians' spending
>
> YOUR tax money.
>
> A billion is a difficult number to comprehend,
>
> but one advertising agency did a good job of
>
> putting that figure into some perspective in
>
> one of its releases.
>
> * * * * *
>
>
>
> A. A billion seconds ago it was 1959.
>
> B. A billion minutes ago Jesus was alive.
>
> C. A billion hours ago our ancestors were
>
> living in the Stone Age.
>
> D. A billion days ago no-one walked on the earth on two feet.
>
> E. A billion dollars ago was only 8 hours and
>
> 20 minutes, at the rate our government is spending it.
>
>
> While this thought is still fresh in our brain, let's take a look at New
> Orleans It's amazing what you can learn with some simple division . .
>
> Louisiana Democratic Senator, Mary Landrieu , is presently asking the Congress
> for $250 BILLION to rebuild New Orleans . Interesting number, what does it
> mean?
>
> A. Well, if you are one of 484,674 residents of
>
> New Orleans (every man, woman, child), you
>
> each get $516,528.
>
> B. Or, if you have one of the 188,251 homes in
>
> New Orleans , your home gets $1,329,787.
>
> C. Or, if you are a family of four, your family
>
> gets $2,066,012.
>
> Washington, D.C .. HELLO!!! ... Are all your calculators broken??
>
>
> Tax his land,
> Tax his wage,
> Tax his bed in which he lays.
> Tax his tractor,
> Tax his mule,
> Teach him taxes is the rule.
> Tax his cow,
> Tax his goat,
> Tax his pants,
> Tax his coat.
>
> Tax his ties,
> Tax his shirts,
> Tax his work,
> Tax his dirt.
>
> Tax his tobacco,
> Tax his drink,
> Tax him if he tries to think.
>
> Tax his booze,
> Tax his beers,
> If he cries,
> Tax his tears.
>
> Tax his bills,
> Tax his gas,
> Tax his notes,
> Tax his cash.
>
> Tax him good and let him know
> That after taxes, he has no dough.
>
> If he hollers,
> Tax him more,
> Tax hi m until he's good and sore.
>
> Tax his coffin,
> Tax his grave,
> Tax the sod in which he lays.
> Put these words upon his tomb,
> 'Taxes drove me to my doom!'
>
> And when he's gone,
> We won't relax,
> We'll still be after the inheritance TAX!!
>
> Accounts Receivable Tax
> Building Permit Tax
> CDL License Tax
> Cigarette Tax
> Corporate Income Tax
> Dog License Tax
> Federal Income Tax
> Federal Unemployment Tax (FUTA)
> Fishing License Tax
> Food License Tax
> Fuel Perm it Tax
> Gasoline Tax
> Hunting License Tax
> Inheritance Tax
> Inventory Tax
> IRS Interest Charges (tax on top of tax),
> IRS Penalties (tax on top of tax),
> Liquor Tax,
> Luxury Tax,
> Marriage License Tax,
> Medicare Tax,
> Property Tax,
> Real Estate Tax,
> Service charge taxes,
> Social Security Tax,
> Road Usage Tax (Truckers),
> Sales Taxes,
> Recreational Vehicle Tax,
> School Tax,
> State Income Tax,
> State Unemployment Tax (SUTA),
> Telephone Federal Excise Tax,
> Telephone Federal Universal Service Fe e Tax,
> Telephone Federal, State and Local Su rcharge Tax,
> Telephone Minimum Usage Su rcharge Tax,
> Telephone Recurring and Non-recurring Charges Tax,
> Telephone State and Local Tax,
> Telephone Usage Charge Tax,
> Utility Tax,
> Vehicle License Registration Tax,
> Vehicle Sales Tax,
> Watercraft Registration Tax,
> Well Permit Tax,
> Workers Compens ation Tax.
>
>
>
> STILL THINK THIS IS FUNNY?
> Not one of these taxes existed 100 years ago,
> and our nation was the most prosperous in t he world.
> We had absolutely no national debt, had the largest middle class in the world,
> and Mom stayed home to raise the kids.
>
> What happened? Can you spell 'politicians!'
>
> And I still have to 'press
>
> 1' for English.
>
>
>
--
Posted By  Gecko  to  Geckofeeder <http://geckofeeder.blogspot.com/2007/12/was-posted-by-gt-in-comment-section-of.html>   at  12/28/2007 06:27:00 PM

------ End of Forwarded Message

2 comments:

Ian said...

Seems like it's time for Congress to pass the FairTax Act (HR 25 / S 1-25). Mike Huckabee is the FairTax candidate who understands the ramifications of the bill to individuals and to small (and big) business.

Of the FairTax, Huckabee asserts that 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, FLAT, and FAMILY FRIENDLY, loophole-free, and everyone pays their share
• LOW TAX RATE is 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


A detailed benefits analysis of the plan (from The FairTax Book) explains Huckabee's ardent advocacy:

For INDIVIDUALS:
• No more tax on income - make as much as you wish
• FairTax is paid on retail goods and services when purchased new, not used

• You receive your full paycheck - no more deductions
• Every household receives a monthly amount, or "prebate"
• "Prebate" is "advance tax payback" for monthly consumption to poverty level
• FairTax ensures poverty protection, being less regressive than income tax
• Increased household income preserves real purchasing power against any higher prices

• Reduction of pre-FairTaxed retail prices (due to reduced costs; increased competition)
• 29.9% mark-up yields 23% FairTax portion of new price tags
• FairTax portion of new prices reveal true cost of gov't to consumers

• FairTax is captured on illicit forms of income, when spent
• Parasitic income tax filing industry eliminated
• No double taxation on goods and services
No more IRS or FILING OF INCOME TAX returns
• 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
• Global "free (and equitable) trade" becomes possible for currently-disadvanted U.S. exports
• U.S. 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


Passionately supporting FairTax, Huckabee understands that, if elected President, Congress will have to present the bill for his signature. His call to action goes beyond his candidacy: Main Street will have to demand that their legislators deliver the bill.

(Permission is granted to reproduce, in whole or part. - Ian)

USS Ben USN (Ret) said...

Well said, Gecko!
My sentiments exactly!