Some tea needs to steep.
FairTax is still brewing its pungent aroma and it smells great to all near its pot.
It took 51 years for the ‘Income Tax’ to get itself Constitutional with the 16th Amendment enacted in 1913.
Starting in 1862, the Income Tax was passed on multiple occasions only to be struck down each time as unconstitutional.
51 Years.
And it was finally sold to the American People as a tax on the wealthy who owned everything and were charging punishing rents. Sound Familiar?
Yeah, the original Income Tax was a 7% tax on the very rich with 1% on the merely rich and 98% of Americans unaffected with 0%.
So what happened?
The very rich bought off politicians and hired lawyers to shift the Income tax onto the backs of the Middle Class.
Today, the megamega zillionaires and their political pets are allowed to set up tax-exempt “Foundations” with the only requirement they disburse 3% to ‘worthy’ causes which they themselves determine.
To be fair, only a fool would fail to take advantage of the tax benefits of a tax-exempt foundation if they have the means to do it legally.
But that’s not the point.
The very rich will always find a way under an Income Tax to escape taxes. It’s possible because lawyers and paid-for legislators can always be counted on to weasel-word versions of ‘Income’ in myriad meanings and definitions.
Passive Income,
Exempt Income,
Deferred Income ...
and on and on ad infinitum.
The FairTax obliterates the word salad slice and dice ‘income’ chicanery.
But here’s the legitimate criticism of the FairTax.
“IF THE FAIRTAX IS PASSED NOW, AMERICANS WILL END UP WITH BOTH A NATIONAL RETAIL SALES TAX ... AND ... AN INCOME TAX.
SALES TAX + INCOME TAX?
Nope, can’t have it, won’t have it.
So, what to do then?
Repeal the 16th Amendment.
Not suspend it, not ignore it, REPEAL IT.
How?
38 States need to ratify its repeal.
Ain’t gonna happen without revolution.
So, it’s not yet time and may never be time.
However comma .....
We Americanos can be crafty and sneaky like lefty cockroaches.
We can choose a County, a Region, a Territory, a State, to ‘experiment’ with a special “Enterprise Zone” where the FairTax lives and breathes and the Income Tax is dead and buried, then Amerucans can stand back and witness the benefits.
TAX SANCTUARY STATES ... ANYONE???
Tax Sanctuaries is my bleat. If you like, give me a plug. There’s a lot of first ideas I’ve started that go viral and I’m looking for recognition as my hair turns silver.
PROJECT 2025
Look her up.
BTTT