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Bob Doyle
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- Swartz Creek, MI
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When I learned about the Michigan FairTax plan, I decided to quit feeling like a victim, and decided to do something to help change Michigan's economic environment - and I'd like to invite you to join us! Thousands of us are working hard to get the word out about a fairer, progressive consumption tax - the Michigan FairTax. Our goal is to SCRAP the Michigan income tax because the system is broken. In order to give Michigan voters the power to choose, we are laying the groundwork for a ballot drive to get the Michigan FairTax on the 2010 general election ballot.
What's more, every Michigan resident-family will receive a monthly "prebate" check, in amount based on family size (.0975 x $ [ poverty level per family size] ). This will ensure that NO Michigan family will EVEN BEGIN paying the MI FairTax on goods / services unless, or until, they exceed poverty-level spending. Thus, the MI FairTax rate would effectively be 0% on all monthly family spending up to the monthly poverty level, thereafter it would be 9.75%. A reasonable average effective rate, inferred, would be about 5.5% (that's without putting anything away!) Monies placed into savings are not available to spend, and therefore would result in a further effective tax rate reduction.
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(We seldom email state-wide, generally notifying members nearby to events or initiatives.)
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Under a FairTax system, points of collection will be dramatically reduced (from millions of individuals to considerably fewer retailers, many of whom are already collecting sales tax). With a Michigan FairTax, income tax-- returns, audits, interest, and penalites vanish.
Today's prices carry hidden income and payroll tax compliance costs, ultimately paid by us. The FairTax will externalize these costs, making them visible. Michigan exporters will then be able to jettison the tax prior to shipment, making Michigan products more globally competitive. The MI FairTax is NOT applied to non-retail, business-to-business purchases, as this inseparably embeds taxation costs in prices of finished goods and services.
This plan is revenue neutral, as it-- ends "first fruit" wage confiscation, stops the practice of hiding consumer taxes in retail prices, makes the true cost of gov't visible, and properly pays for gov't as we meet personal and family needs. Take action! - JOIN OUR TAX REFORM ARMY to bring Michigan back!
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Made popular by the federal FairTax bill (H.R. 25, which was either co-sponsored or otherwise endorsed by several 2008 presidential candidates), this approach to taxation reaches across the political spectrum
Why the FairTax idea is right for America's working families.
Dr. Laurence Kotlikoff believes that it will take the FairTax to reverse unfunded U.S. gov't obligations, about
$53$88 trillion and counting !!I would like to invite you to join our Smart Guy's group. Come on in and join in the conversation or start your own discussion.
Also, feel free to contact me with any questions you may have. Thanks for joining SGP and we look forward to interacting with you! Dalton
P.S. Find your State and/or regional coordinator as well as see how you can get involved in other areas here.