@RepAbeHamadeh So fix the law! That is part of your job description, right Rep. Hamadeh? Justice Barrett's job is to interpret the law and make the final decision.
@FlyGuyInTheSky@grok@JamesTate121@JohnCleese No! Trump did not say he likes high inflation! He said he liked the inflation at the time. He was referring to the report that showed it at 3 or 4.x (I don't recall exactly). He liked that number because he was expecting it to be higher. Also said expects it to drop quickly.
@LuisAdven@tradingfool42 Just curious, and not trying to start any crap. With the name change, are they doing a reverse split? I just want to know so I have the money in my account to cover it. I haven't seen any talk of it though, and hope they do not!
“Thank you, @SecKennedy, for your leadership in adding Duchenne Muscular Dystrophy and Metachromatic Leukodystrophy to the Recommended Uniform Screening Panel. Every child deserves the healthiest possible start. Early detection brings earlier care, better outcomes, and more hope for families nationwide.” — Dr. Stephanie Haridpolos, Chief of Staff and Senior Advisor
@DerrickEvans4WV Just arrest them for trespassing. This needs to stop. Peaceful protesting is fine but blocking people from going about their business is not!
Imagine this: you get to keep your ENTIRE paycheck. No withholding. No quarterly estimates. No begging the government to give you back YOUR OWN MONEY as a "refund" like they did you some favor.
Every. Single. Penny. Goes straight into YOUR pocket.
That is the FairTax, and it is the single most revolutionary tax reform proposal in American history. Here is why I am absolutely obsessed with this idea.
Right now, I bring home a teacher's salary supporting a family of six. Between federal income tax and payroll tax, the government takes about 20% before I ever see it. Then my employer pays ANOTHER 7.65% in payroll taxes that would otherwise be part of my compensation package. So roughly 28% of what I SHOULD be earning vanishes before I can make a single decision about how to spend it.
Meanwhile, the drug dealer down the street? Pays NOTHING. The illegal immigrant working off the books? NOTHING. The wealthy guy with expensive accountants who structures everything through legal loopholes? Barely anything compared to what he SHOULD pay.
The FairTax changes EVERYTHING. It abolishes the income tax, payroll tax, corporate tax, estate tax, capital gains tax - ALL OF IT - and replaces it with a simple consumption tax at the retail level. Buy something new? Pay the tax. That is it.
Here is what makes this absolutely brilliant:
EVERYONE PAYS. The illegal immigrant buying groceries? Pays federal tax. The drug dealer buying a car? Pays federal tax. The wealthy person buying their third vacation home? Pays MASSIVE federal tax because luxury consumption gets expensive. Foreign tourists visiting America? They pay too.
Nobody escapes. No loopholes. No special deals. No armies of accountants finding ways to dodge your obligation.
But here is the part that really gets me fired up: if you are self-sufficient, you pay almost NOTHING.
Grow your own food? No tax. Raise your own livestock? No tax. Generate your own power? No tax. Build your own furniture? No tax. Trade your carpentry skills for your neighbor's plumbing work? NO TAX.
The FairTax would create a MASSIVE incentive for Americans to become self-reliant again, to develop local trade networks, to stop being dependent on corporate supply chains and government handouts. Want to avoid the FairTax? Produce what you consume. Revolutionary concept, right?
And before anyone screams "but the poor will pay more!" - WRONG. Every household gets a monthly "prebate" equal to the FairTax on spending up to poverty level. A family of four gets about $10,800 per year. That means low-income families pay ZERO federal tax on necessities. The system is actually MORE progressive than what we have now.
I ran the numbers for my own family. Under the current system, between income tax and payroll tax (including the employer portion that reduces my potential wages), my family's federal tax burden is roughly $12,000 annually. Under the FairTax, even if we spent every penny we earn, we would pay about $4,000 after the prebate. That is a 67% tax cut while keeping the same lifestyle.
But here is what really matters to me as someone who values liberty: the FairTax restores PRIVACY. The government has absolutely no business knowing what I earn, where I work, how I invest, or what business expenses I claim. That is MY information, not theirs.
Under the FairTax, my financial life becomes MY business again. No more documenting everything for the IRS. No more living in fear of an audit. No more assuming I am guilty until I prove my innocence every April 15th.
I keep my entire paycheck. I decide when to pay federal taxes by deciding when to consume. And if I want to reduce my tax burden, I can become more self-sufficient, develop skills, trade with neighbors, and build resilient local communities.
THAT is freedom. THAT is what the Founders envisioned - limited government that does not intrude into every aspect of your financial life.
The FairTax taxes everyone fairly based on consumption, rewards productivity instead of punishing it, incentivizes self-sufficiency, and treats Americans like free people rather than subjects who must justify their existence to government bureaucrats every year.
So yes, I support the FairTax. I support keeping my entire paycheck. I support making illegal immigrants and drug dealers finally pay their share. I support a system that rewards me for being self-sufficient rather than punishing me for being productive. I support restoring privacy and treating Americans with dignity.
The current system punishes work, rewards consumption over savings, enables massive tax evasion by those operating in the shadows, and grows more complex every year. It assumes you are guilty and demands you prove your innocence.
The FairTax would change all of that. Keep your entire paycheck. Pay taxes only when you choose to consume. No more IRS audits. No more April 15th panic. No more begging for your own money back.
Just simple, transparent, fair taxation that treats everyone the same and finally makes the people who currently pay NOTHING start contributing when they participate in the economy.
But what do I know, I am just a teacher who thinks keeping my entire paycheck and making everyone pay their fair share through consumption is a better system than the current mess that punishes productivity while letting tax cheats get away with paying nothing.