Fair tax would create new manufacturing jobs
To help address the unemployment crisis, we must bring back the manufacturing jobs that went offshore. By doing so, this would provide opportunities for many — from entry-level associates to managers to CEOs — versus structuring our economy on service/financial type jobs.
Many companies are now realizing that lower wages paid in other countries do not compensate for longer lead times to service customers, the cost of transportation, lost productivity and, most importantly, quality.
One method to create jobs is to address Congressman John Linder’s and Neal Boortz’s proposal of the Fair Tax. This is not a Republican or a Democratic issue but an American issue of creating jobs.
As the late Adrian Rogers noted, “What one person receives without working for, another person must work for without receiving.”
There will always be taxes, from local to federal, but the Fair Tax is the best of all available options for now and for everyone.
As noted in Linder’s and Boortz’s book, “If we were to pass the Fair Tax and eliminate all taxes on capital and labor, and tax personal consumption instead, we would be the only nation in the world whose companies could sell into a global economy with no tax component in the price system.”
That would open our economy for a tremendous gain in manufacturing jobs.
Dan West
McLeansville
Comments (10)
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Not gonna happen, Dan. The liberals would lose their main tool used for social engineering: the behemoth US tax code.
Posted on January 24, 2009 7:13 AM
I love the Fair Tax. It would solve many of the problems our nation faces today, if it works as advertized. If people keep spreading the word about it, maybe it will gain the support it needs. But as neocon stated, the liberals love the behemoth tax code and will resist this as hard as possible.
Posted on January 24, 2009 7:54 AM
Agreed, it will be hard to get liberals to vote for a fair tax (although they love their "fairness doctrine") because taxes are primarily about controlling people, not raising revenue. Liberals want to control everything because they believe they are smarter than people like me who just want to be left alone to work hard and raise my family.
Posted on January 24, 2009 9:09 AM
Politicians will do what we want when we make enough noise to override the lobbyists and special friends. We have done it before and we can do it again.
Yes we can!
The Fair Tax would change the way this country competes for manufacturing and other business in the global economy. We need to change; am I the only one who sees we are losing in the global marketplace. Our strength has been our economy, not just the military. Our own business leaders are selling us out because of our stupid tax structure.
Giving companies “bailout” money is not going to change the outcome, only prolong the death. Change the tax code and put us back to work as leaders in the world economy.
Speak up unemployed!
Posted on January 24, 2009 12:24 PM
The Fair Tax is a shell game. It will not lower taxes for the middle class, it will raise them.
Check out : http://www.factcheck.org/taxes/unspinning_the_fairtax.html
I don't want to have to pay in the order of $45,000 tax in order to buy a $150,000 house, but not get the deduction on the mortgage interest. Home ownership will plummet even more, and we will become a nation of renters and sharecroppers--and be taxed on the rent.
Right now the rich pay most of the taxes in this country. The very poor pay nothing. But under the Fair Tax, the burden will be squarely on the shoulders of those who consume the most: upper earning poor and the middle class (earners of $15,000 to $200,000/year)
No, thank you. I'll be the first to agree our tax system needs major overhaul, and overtaxing businesses (especially small businesses) is bad for the economy. But we need a better solution than the so called "Fair Tax."
Posted on January 24, 2009 3:06 PM
Screw taxes, if the new Treasury Secretary can skip on paying his taxes why can't the rest of us?
Posted on January 24, 2009 4:44 PM
Right you are there, Dan :)
Posted on January 24, 2009 4:59 PM
Panacea,
You will not pay $45k on a $150k house unless it is a NEW CONSTRUCTION home. The tax only applies to new goods, not used. The majority of people buy used homes. Your comment about becoming a nation of renters is therefore flawed. Read about the Fair Tax from their website and the Boortz/Linder books - don't rely solely on factcheck for all your info. There are some very intelligent economists and others who are in favor of the Fair Tax. There must be something to it.
Posted on January 24, 2009 6:34 PM
Yes Sir Dan you are right. Fair Tax is good ol' common sense. The illegal construction workers getting paid under the table would become tax payers over night. Some i would hope do the right thing and return to their country instead of breaking the law by being here illeagally. Fair Tax would fix alot of our problems.
Posted on January 24, 2009 9:37 PM
“What one person receives without working for, another person must work for without receiving.”
I wonder if the heirs of Sam Walton have a problem with this. Millions of people worked hard to produce (including their father) what they received by their wise and prudent choice of being born well. Life isn't a level playing field. I freely admit being born well (well, not as fortuitous as the Walton kids) & I hope I've done well with the opportunities that have been presented to me and I don't mind paying a little extra for being extra blessed and I don't mind some of that being redistributed to those less fortunate than me. I tithe at church for the same reason. It's just a cost doing business to me. I find progressive taxation to be a worthy and wise goal.
On the fair tax I suspect that it is progressive for the middle class and becomes increasingly regressive as you move up the income ladder. Like the flat tax it's tax relief for the wealthy paid for by the middle class.
Just more class warfare.
Posted on January 25, 2009 9:37 AM