Below is the subject letter. Carol told me to put in the part about the five & a half year old business. The statists just keep picking winners & losers don't they?
Dear Editor,
Jason Riley's weekend interview with Harold Ford Jr. exposed Mr. Ford as just another status quo two party statist who does not have the answers that America is calling for & needs as indicated by the tens of thousands of people who have attended Tea Parties & Town Hall meetings over the past nine months.
Specifically Mr. Ford calls for a "six month exemption from payroll taxes for all firms less than five years old" - hope your struggling new business is not five & a half years old. Ford also calls for "extend(ing) the current capital gains & dividend rates through 2012" & of course there is the old tired McCain call to "lower the corporate income tax rate from 35% to 25%" presumably to make America more competitive.
The aforementioned Tea Partiers & Town Hallers are the only thing that has stopped ObamaCare & these people are looking for real solutions like the FairTax.
The FairTax replaces the taxes on our productivity with a consumption tax that is the result of a $23 million peer-reviewed study over a three year period. The FairTax improves Mr. Ford's proposals by completely eliminating the payroll tax, the capital gains tax, dividend taxes, & the corporate income tax forever. How much more competitive do you want to get?
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