The enactment of the fair tax plan: the first twenty years

The Enactment Of The Fair Tax Plan - The First Twenty Years

Topics: fair tax, future lifestyle, law enactment, fair tax plan, economics, savings, taxes, irs

This is a fictional work of mine on what I think United States will look like after the first twenty years that the Fair Tax Plan has become law.

It’s been twenty years since Congress enacted the Fair Tax and abolished the 16th Amendment. All historians agree that this was without a doubt the most significant and extraordinary law ever enacted by our government since the Abolishment of Slavery. Even though it had its initial teething stage, the Fair Tax Act has proven to be the single most dramatic point in American history where our failing global economic status was turned around to make this great country the world’s foremost example of fiscal prosperity.

A prosperity that not only transposed the United States into the world’s corporate and industrial magnet but also trickled across the oceans to be replicated by other countries like, France, England, Australia, and Russia. Rather, after the Fair Tax was enacted, America quickly repositioned itself back into the forefront of global industrial dominance.

So why did the Fair Tax take so long to get enacted? The short answer would be for me to write, demagoguery. However, it soon became evident that the real answers were more or less political corruption, the perpetuation of misrepresentations by the mainstream media and foreign governmental clandestine influences.

In the beginning the Fair Tax Plan was commonly referred to as a, “Grassroots Organization” trying to get the IRS abrogated. As we all know now, that wasn’t just the main goal of the Fair Tax supporters. The primary cause of those “grassroots” members was to take control of our own income and through our own actions, voluntarily fund the United States and stop the government from dictating our lives while perpetuating their individual political causes with and by the threat of police powers and incarceration.

When the Fair Tax “grassroots organization” became a major political movement most politicians began to see that their livelihood was starting to be endangered. They quickly realized that the lobbyist who they had engaged in “business” with in the past was not going to help them once they got voted out of office. Even though the partisan media tried to distort the principles and beneficial repercussions of the Fair Tax, the people sought the truth and learned on their own what was so easy to grasp.

All of the websites and the books provided enough evidence of what the Fair Tax would do to empower America and her people. With all this knowledge in hand the grassroots became a massive monolithic political force that even the lobbyist could not overcome. Most politicians were forced into supporting the Act or found themselves battling for their seats in each coming election. Those who survived quickly came on board. Those who failed disappeared from the public eye along with their lobbyist brethren.

Perhaps the most influential lobbyist entities that were eliminated by the people through elections were those from foreign countries who had infiltrated themselves inside the political Washington crowd. As an example, the Chinese lobbying “agents” found that even our more questionable politicians had to get onboard with the Fair Tax or be dumped out of office. That is mainly why the Chinese economy is in so much trouble today. They have waged and lost an economic war against the United States and are now faced with having to reign in their tumultuous people.

The first year after the Fair Tax became law and the Income Tax was repealed we witnessed a somewhat early stumbling among American businesses. Some wrongfully felt that they could incorporate the 30% loss of the embedded manufacturing tax into a new line item for profits by selling at their same pre-Fair Tax rates and adding the new 23% consumption tax to their prices. After their sudden loss of sales and profits to their competitors who didn’t get greedy, they quickly realized the folly of that venture.

It is argued that the best result during the first year of enactment was what the Fair Tax did to help the lower income people and the elderly. Remember how quickly the lower income people started to benefit from having more income to live with? Once they started receiving all of their income and the monthly pre-bates the “poor” suddenly found that they could afford the things they wanted; as well as find newer and better paying jobs everywhere across the country.

Once the elderly started receiving their untaxed social security checks and monthly pre-bates they too found that they could live well and actually save money each month. Most found that they were no longer strapped unto poverty by the government. That is because all of their investments, their benefits and their income started experiencing tax free growth instead of shriveling away.

I argue that the primary benefit to the United States was the incredible growth of our economy that resulted from the Fair Tax. Remember that in the first year alone sixteen American businesses relocated their manufacturing plants back to the United States. Those are what are referred to as the “Sweet Sixteen”. Sweet because they showed all other American companies that had relocated overseas that America was back at the front of profitable global industrial domination.

Now after twenty years all the American companies that had once escaped our prior persecuting tax enthralled government and its debatable corporate envy, have returned to America. The resulting numbers of new jobs created by these companies were unprecedented in our history. In fact, now that over 2,500 other foreign companies have relocated here the growth of the American economy has resulted in our government’s growing 5 trillion dollar surplus. The good problem here is trying to fill the millions of available jobs which are annually left untaken. That is why unemployment is becoming a lost word in the English language.

In closing, let me explain why I call the last two decades as the, “Decades of More”. Since the enactment of the Fair Tax Act the United States people have gotten more money, more savings, more jobs, and more joy out of life than at any other time in American history.

John DeJong is the lead creative designer for NotMeUSA. He has been writing humorous advertisements for over twenty-five years. All of the funny t-shirts, prescription pill bottles, and gag spray bottles were created by him. You can view these by visiting www.notmeusa.com.


Previous Articles Highlighter:

Role Of Non Profit Financial Organization In Our Debt Problems (1)
You may be a person who in need of some professional guidance to come out of your debt problem. In this event, a debt consolidation loan may be of your help.

Orlando Preconstruction- Real Estate Investing For Dummies (2)
People are investing in Orlando real estate also because of the present state of the bourses taking into account the weakness of the dollar. These are reasons enough from among many other good reasons, why Orlando preconstruction investment is of great value and should prove sufficient to make you sit up, take notice and act right away, if you do not want to miss the bus for making profit generated from real estate investments.

How About A Balloon Mortgage For You? (3)
Balloon mortgage may not suit all. It is ideal for those people who have need for loans for a short period of time. There are several loan schemes that are available, which would need a balloon payment at a specifie d period of time.

How To Make A Smart Offer On A Home (4)
You want to leave some room for negotiation, meaning that you do not want to offer everything you can afford upfront. Leave some room for the sellers to counteroffer with a slightly higher price.

What You Can Learn From A Trader As An Investor (5)
Topics: investment fund, hedge fund, investing, offshore investment fund, offshore hedge fund, commodity trading The most important thing you need to remember as an investor is to buy low and sell high.

Why Should You Invest For Your Future? (6)
In addition, you have other investment options; your options are many an d varied, and you have a lot to choose from. What are Investment Funds? Investment funds have several advantages that individual stocks don't.

Northern Rock - Shareholders Are Not Seduced By Virgin (7)
However, Virgin acquires a 55% controlling stake in the company. Although the UK government have provided major funds for Northern Rock, it should be remembered that from a legal standpoint, the company is owned by the shareholders, and not the government.

Forex Forums Can Seriously Damage Your Wealth (8)
Topics: forex, forex forums, forex trading, forex tips, forex strategies, learn forex, forex trading forums Forex trading is often a very lonely profession which is why so many traders like visiting forex forums and chatting with other like-minded traders.

Look For The Cheap Car Insurance Quotes (9)
When you start searching for the company which can offer you a cheap insurance quote find out the information like financial strength, claim handling time for the company. I would suggest you to be sure of the company first before short listing it.

How To Achieve Harmonic Wealth (10)
Therefore, you have the choice to make the most of your existence and have a wealthy life in every aspect, or, you can sit back with a pocketful of wishes and lament how things could have been different.

Short Sale Goldmine - Step-By-Step Process (11)
Houses with second mortgages on them are really good candidates because many times you can go the second lien holder and get a deep discount. If the house goes to foreclosure, the second lien holder will get completely wiped out and receive zero dollars for his/her lien.

The Only Real Ways To Pay Off A Mortgage Early (12)
No one likes to be saddled with a long-term debt such as a 30-year mortgage. Because of this many ways have been thought up where people can pay off their mortgages well ahead of schedule.

Things To Consider For Instant Car Insurance Quotes (13)
Thanks to the facilities extended by the insurance companies to get the quotes instantly. There are many ways to get an instant quote. But it would definitely save your precious time if you keep the necessary documentation ready with you.

Small Business Finance Basics - Financial Ideas And Tips For Your Home Business (14)
It's a very good idea to put a smart small business finance accounting system into place from the beginning, and get it set up to grow with your business. You will find a resource page below with some very good basic accounting systems that are affordable and easy to use for small business finance.

Using Candlestick Charts In Equity Trading (15)
Learning to read and understand candlestick charts can unlock a wealth of information about stocks, revealing their past history and what they may do in the future. Reading a candlestick chart is akin to a commander of an army receiving reports from the front lines of a battle, showing the daily struggle between his army and the opposing army.

Self Directed IRA Investing Can Increase Your ROI (16)
You may not rent them to anyone who is a relative. You may invest in a property with other people as long as they are not immediate family. Turn your 401k to a self directed IRA for your financial future.

House Mortgage And Retirement Plans And How They Come Together (17)
And because the money coming out of a reverse mortgage is technically a loan, you never have to pay taxes on that money which is another big financial blessing. The reverse mortgage is an option worth considering as part of retirement planning.

Do You Have Enough Money To Retire (18)
Now, the actual cost of those different components will be much higher when you actually get to the point of retirement. You could try to factor in inflation and make those kinds of adjustments but do not play with the formula so much that you get the idea that it is impossible and give up.

Levels Of Retirement Planning That Can Work For You (19)
If you predetermine that this is the kind of retired person you are going to be, that attitude will propel you past that sudden change of life shock and get your retired life off in running in an exciting way that will lead to many happy and fun times in your life of leisure as a retired person.

Bank Credit Card - How To Get One As Your Financial Back-Up? (20)
If an emergency occurs and the student needs extra cash, then they need a financial back-up plan. A bank credit card can help with these unforeseen expenses and it will also help them to build their credit score.

Newer Articles Highlighter:

Financing A Car - Will You Buy Or Lease? (1)
With leasing, you pay only for the part of the vehicles cost used during the period of time you drive it. If you have the cash on hand, and you can pay the down payment and sales taxes either in cash or via a loan as well as the interest rate buying a car gives you that feeling of ownership and may be the best financial option.

When Will The California Housing Market Hit Bottom? (2)
Are you biding your time before you buy a new home? Sitting around eagerly anticipating another drop in housing prices? Well, while you are sitting around waiting, somebody else is likely scooping up that lovely beach house in the San Diego suburbs you've been eyeing.

Orlando Real Estate- A Better Alternative For Investment Retirement Or Holidays (3)
Are you looking for Orlando Real Estate Investments? We have a list of available wholesale real estate investment homes for you to view. No sign up up is required just visit our site at www.realnetusa.com

Breaking The Law For Peanuts (4)
Most closings contain a form specifically addressing occupancy with the above wording directly below the statement. Few people want to break the law. But adding the additional cost to words like "Oh, people do this all the time" from the loan officer, many people opt to mislead the lender.

Rent Or Buy - Ask A Mortgage Broker (5)
With the right advice from a mortgage broker you can do your best to secure a good deal that you will be able to cope with for many years, unforeseen circumstances not taken into consideration.

How Legal Funding- Lawsuit Funding Helps The Plaintiffs? (6)
This situation can cause a serious blow to individuals and their families struggling to survive economically. If they are not getting any salary they cannot pay their monthly bills.

Custom Homes In New Subdivisions (7)
Woodforest is a vibrant new master-planned community in Montgomery County offering a substantial number of homesites adjacent to lakes, streams, greenbelts, nature preserves and the 27-hole Woodforest Golf Club. Visit: www.woodforestdev.com for more information.

Airlines Credit Cards: Choosing The Best Fit (8)
These are often referred to as "co-branded" cards. If you consistently utilize the same airline, logic would dictate that using a co-branded credit card to earn frequent flyer miles on that specific airline would be the best way to go.

Locating The Best Schools In The Houston Area (9)
Much of the real estate here is considered to have the best custom homes. In Conroe, along with people who come here quite often, can encourage individuals to move to a specific area and decide that they are very happy there, in which case they will stay.

Basics Of Home Equity Loan (10)
It can be something useful if you find that you need a relative large amount of money since the value of your home will not be very small. In fact, a lot of people will try to use home equity loan to pay off the debt they have.

All That Documentation Makes Real Estate No Fun (11)
In reality there are hundreds of documents. And if that is not "exciting" enough, please look forward to the likes of: 30 Day Notice, Counter Offers, Extension Of Lease Contract, Land Contract Form, Land Contracts, Promissory Notes, Quit Claim Deed, Rental Application.

How To Buy Health Insurance And Not Empty Your Walet (12)
And since group coverage tends to be cheaper, don't forget to check with your professional trade association for coverage. The Writers Guild and the Actors' Equity Association are two examples of groups that offer their members health insurance.

Free Credit Report And Score - Quick Tips You Can Use Now For Credit Report- FICO-Credit Repair! (13)
It doesn't wipe your credit slate clean or give you a fresh start because it stays on your credit report for up to ten years. The ability to buy a car, and/or get a home loan absolutely depends on your credit history and score.

Choosing The Right Tax Software Program (14)
At this time there are more than 30 tax software programs available to consumers. With so many vendors competing for your purchases it's important for taxpayers to know that not all tax software is "one size fits all".

Finding The Best Schools In Houston (15)
This is vital to the future development and prosperity of the city, and it is also important to the home builders who are working hard to make money to support both their businesses and their families.

People 'Under Rising Financial Pressures' (16)
Mark Dawson writes for the Loan Arrangers. Where visitors can compare UK loans online, and apply for the lowest rate secured loans available to them. To read more articles from Mark go to news.loan-arrangers.co.uk

The Makings Of Top Galveston County Homes (17)
However, a better approach, especially if you're on a budget, is to figure out your price range and than look for the top homes within that range. You'll still find some great bargains and some wonderful places to live, even if you can't afford a private helicopter pad or a maintenance and cleaning staff.

Tips For A Successful Walkthrough For Houston New Homes (18)
The warranty will usually only be valid if the homeowner follows the instructions for maintenance and upkeep, which the builder will usually provide in a booklet or packet of materials.

Top Homes For Sale In Houston Retain Value (19)
The reason that the low-range houses (those between $80,000 and $140,000) have been so badly affected in terms of sales is because these are the homes most commonly purchased with money from sub-prime mortgages.

Getting A Mortgage In The UK (20)
The country works with an economic model that has come to be known as the Anglo-Saxon model , which is based on a free market, liberalism and low taxation. Given the United Kingdoms past industrial history it is a surprising evolution from coal and shipping to services as an economic base.


Leave a Comment