We Are Not Stupid! Extending Current Tax Rates Is Not A Stimulis!

From my vantage point, anyone that thinks making a decision not to raise taxes amounts to an economic stimulus is either a fool or drunk on Obama Kool-aid.

Look at the extension of the current tax rates in the following context. Lets say that the company you work for is struggling to stay afloat and everyone working there knows it. As a matter of fact there are rumors floating around that at the end of the year the company is either going to have to lay folks off, or cut everyone's base pay.

Now as a smart person you brace yourself and begin to cut back on spending as you don't really know what your future is regarding your income. Finally, at the end of the year the company announces they are not going to lay anyone off, nor cut anyone's pay. They do announce however; that there will be no raises for the next year because they believe that times will continue to be difficult. In other words your pay is staying exactly the same.

Now after hearing this news you may be relieved, you may be happy, but are going to treat the news like a raise and start spending money wildly? Do you really have any more money to spend?

The answer is no, and the obvious result of keeping the current tax rates is exactly the same. The act to maintain the current tax rates averts disaster, it does not create an economic stimulus.

At some point the income tax producing citizens of this country must turn this table around and become the leaders of the company and congress must be held in check as employees of the people, WHICH THEY ARE. Meaning that the people of this country must keep government spending in check.

Current Debate On Bush "Tax Cuts" Perfect Example Of Why We Need The Fair Tax

First things first, and that is that all the hoopla in DC and in the press around the so called "Bush Tax Cuts" is a bunch of baloney. What Democrats are trying to do is raise taxes! Period! Tax cuts that were passed during President Bush's administration established new tax rates; Democrats would like to raise those established rates to the Clinton's administration higher levels.

The reason this debate serves as the perfect example of why we need the Fair Tax is that it illustrates with the utmost clarity how Politicians use the tax code to maintain their power over you and I. Just look at what they are doing. THEY are debating on how much income the average American can keep, therefore; tax paying Americans have to count on the benevolence of their elected officials to determine what take home pay should be! This is an absurd position for the American People to find themselves in and one that passage of the Fair Tax would eliminate.

The Fair Tax would end these type of discussions in DC, because the Fair Tax would abolish politicians ability to manage your income through the income tax code because there would be no tax code to manipulate.

Name one politician anywhere that should have the power to tell any American how much they should bring home from their pay check, how much a family should fork over in inheritance taxes, or for that matter has any business at all knowing what anyone's income is........period.

America needs the Fair Tax and we need it now!