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Originally posted by CaDreamer
herman cain ex Chairman of the Federal Reserve Bank of Kansas City.
SSDC Same Stuff Different Candidate.
Originally posted by Thunderheart
And it is NOT Ron Paul!
Don't put words in my mouth. I don't recall saying I want the economy we have now. I was simply stating that RP needs to come up with a better argument than simply getting back on the gold standard.
Originally posted by eLPresidente
reply to post by Thunderheart
So you rather have the massively unstable economy that we have now rather than SOUND economy that we DID have prior to being removed from the gold standard?
Gold + NO Federal Reserve
or
No gold + No federal Reserve?
Originally posted by Rockdisjoint
The fair tax and the flat tax are horrible ideas.
I'm glad Herman Cain isn't getting any media attention, he's just a typical neocon and we all know their views and opinions on the issues.edit on 25-8-2011 by Rockdisjoint because: (no reason given)
Why do you believe the fair tax and flat tax are bad ideas?
Do you believe the system as it stands now is better?
Originally posted by GeorgiaGirl
I support the FairTax. I have read the 2 Boortz books about it, and it sounds like the best way to get our economy back on track. Most of all, it makes America attractive for businesses.
Originally posted by Rockdisjoint
Originally posted by GeorgiaGirl
I support the FairTax. I have read the 2 Boortz books about it, and it sounds like the best way to get our economy back on track. Most of all, it makes America attractive for businesses.
Neal Boortz? You seriously take his economic opinion seriously?
He's not a smart person.
In the early 1990s, Leo Linbeck and a group of wealthy Texas businessmen created a plan to successfully save Texans 1.5 billion dollars in insurance premiums. This success spurred these individuals to then donate 22 million dollars of their own money to create the Tax Research Council. This council then funded a thorough and scholarly research program whose goal was to create a federal tax plan that would replace the oppressive income tax code that we currently have. It was patriotism on the part of these men, pure and simple. Each of them knew that they had spent thousands of hours over the years determining business choices based on tax implications rather than on what was good for their employees, shareholders, or customers. They knew there had to be a better way to fund America’s federal government.
After countless hours of examining others’ attempts at tax reform ideas, these businessmen came to the conclusion that something fresh and new needed to be created from scratch. Simply tweaking the existing plan was not the answer America needed. It was just too far gone.
Polls were conducted among citizens of all political parties around the nation to find out what Americans really wanted. The results were up to an 85 percent agreement that tax reform was past due.
This was followed by focus groups in four major cities to refine the ideas that had been accumulated from the polls. These ideas were then sent to some of the best tax economics minds in the private sector, including Boston University, Harvard, MIT, Stanford and several others to crunch the numbers and come up with a comprehensive solution. The Fair Tax holds the distinguishing honor of being the most thoroughly studied public policy issue ever to be introduced in Congress.
Once the plan had taken shape in 1997, another nationwide poll using a diverse array of methodologies and multiple rounds of testing was conducted to get feedback. The results of television, radio, and print advertising campaigns conducted in several parts of the country were nothing short of phenomenal. The American people loved it: the Fair Tax surpassed all other alternatives that were offered! FairTax.org was overwhelmed with positive citizen responses both to the Fair Tax idea, as well as to their willingness to convey their sentiments to Congress.
In 1999, the Fair Tax legislation, H.R.25, written largely by Rob Woodall was introduced in the House by Congressman John Linder, and as S13 by Senator Saxby Chambliss in the Senate. Because the creators of the Fair Tax were well aware that the illegal and oppressive Sixteenth Amendment would always be the sword of Damocles hanging over the head of the Fair Tax and the American citizens, H.R.16 was also introduced that would require the Sixteenth Amendment to be repealed at the same time that the Fair Tax is enacted.
But in spite of the millions of dollars and years of work that went into the Fair Tax development before it was ever introduced to public debate or Congress, these incredible businessmen who had donated so many of their resources into the plan did not anticipate the Great Wall of China with which they would be confronted in Washington. As of this writing, it has now been twelve years since its introduction, and while there has been great progress, there are still many legislators who are totally uninformed about the Fair Tax, or who have self-serving lobbyists who are telling them not to support it.
Change tends to make all of us uncomfortable, so it is understandable that many American citizens as well as politicians approach the Fair Tax with some fear. Allow me to allay some of those fears by pointing out that two of the largest economies in the world (Florida and Texas) depend almost solely on sales taxes. By contrast, empires of history that have relied solely or primarily on income, poll, or head taxes usually plundered civil rights, have inevitably supported despots, and eventually collapsed their economies. It’s time to re-think the income tax.
Do you really think he has the best "interest' of Americans at heart?