About Me

In writing the "About Me" portion of this blog I thought about the purpose of the blog - namely, preventing the growth of Socialism & stopping the Death Of Democracy in the American Republic & returning her to the "liberty to abundance" stage of our history. One word descriptions of people's philosophies or purposes are quite often inadequate. I feel that I am "liberal" meaning that I am broad minded, independent, generous, hospitable, & magnanimous. Under these terms "liberal" is a perfectly good word that has been corrupted over the years to mean the person is a left-winger or as Mark Levin more accurately wrote in his book "Liberty & Tyranny" a "statist" - someone looking for government or state control of society. I am certainly not that & have dedicated the blog to fighting this. I believe that I find what I am when I consider whether or not I am a "conservative" & specifically when I ask what is it that I am trying to conserve? It is the libertarian principles that America was founded upon & originally followed. That is the Return To Excellence that this blog is named for & is all about.

Thursday, March 3, 2016

The Positive Influence Of The FairTax On The American Economy

Click on The Positive Influence Of The FairTax On The American Economy to learn the impact that enactment of the FairTax bill (HR 25) will have on our lives.  This post is included on RTE under The FairTax found on the left hand side of the blog.
This new post:
1.  demonstrates why the FairTax bill is the most important piece of legislation in our lifetime for America;
2.  shows how the FairTax is the biggest transfer of power from the politicians to the people since the founding of this country;
3.  analyzes how the FairTax affects every component of the nation's Gross Domestic Product (GDP);
4.  includes an analysis of GDP vs. productivity by John Tamny;
5.  explains why excise taxes & tariffs are not included in the FairTax bill;
6.  shows why HR 25 is first & foremost a bill that controls government spending which is ultimately a net drag on economic growth by every measure;
7.  explains why manufacturing jobs will start to come back to America rather than continue their emigration;
8.  assesses how The FairTax provides a fair trade balance that we do not have now; 
9.  shows how the American standard of living will be raised through worker productivity increases;
10.  shows how money, comprised of many currencies, held in off shore financial centers & cross border financial centers will naturally seek America after enactment of the FairTax; 
11.  compares the pricing of a foreign manufacturer's products imported to America with no American component to that of the same manufacturer who builds their next plant in America to take advantage of the removal of embedded taxes realized after enactment of the FairTax - thereby restoring the Made In America label; &
12.  makes clear that after enactment of the FairTax the ordinary citizen will never come into contact with a federal agency for the purposes of collecting taxes again.
But despite all of the wonderful benefits of the FairTax listed above there are problems summarized as follows:
1.  The enemies of America have managed to bottle up HR 25 in the House Ways & Means Committee because the Joint Committee of Taxation has no methodology to properly evaluate the FairTax meaning that it will not come out of the Ways & Means Committee onto the floor of the House as it stands – even if we had the votes to pass it which we don't.  The House statists have checkmated the FairTax into the corner of W&M where they plan to keep it.  Source – Alex Poirot of Congressman Woodall's office.
2.  The only chance the FairTax has of becoming law is with an unwavering proactive endorsement by a presidential candidate who wins the election.  With Governor Huckabee dropping out of the presidential race the only candidate remaining who is a FairTax cosponsor is Senator Ted Cruz – & he has his own tax nightmare plan that includes an income tax & a form of a value-added tax – a combination of taxes used by every stagnate economy throughout the world.
3.  With the retirement of Neal Boortz the FairTax has had no national spokesman for three years.  Herman Cain, a former FairTax supporter, has his own national radio program, but neither Herman or any listener calling in has mentioned the FairTax in months – @ least not when I listen which I do every day.
4.  Many who do speak or write about the FairTax make serious technical errors, mostly through overselling the benefits of the FairTax.  Accordingly, critics have a field day calling into radio programs or attacking letters to the editors thereby making it harder for people attracted to the idea to learn it properly.  
5.  After all of the years the FairTax has been around there still are far too many misunderstandings by people who have supported the FairTax for years.  Two persistent examples are A) what will happen to retail prices after enactment of the FairTax & B) what the taxation of government entails.
With or without a presidential candidate or national spokesman the FairTax will never move forward until the principles are clearly & correctly understood.  All I can promise, especially to the 66% of Americans who feel the country is in decline, is that if you want to learn the principles of the FairTax, that brings back the prosperity & liberties the country was founded upon, I will not be the reason that you don't.


  1. Thanks Doug - A timely reminder.

  2. Doug - you correctly point out the major benefits which are proven and very compelling. Let me add one more: the Fair Tax will encourage the low income to develop new work skills, work harder, earn more money as they will be able to keep much more of their paycheck. This will act to increase GDP. Our economics savvy politicians (not many but we have a few), must point this out to the low income to get their support. This will increase probability of passage.

  3. I thought the latest RTE post was very interesting. You're right about Congress doing everything it can to bury the Bill. For whatever reason, it seems they are determined to keep the IRS. So sad that many who had supported HR 25 have abandoned it. Mike Huckabee is the only one who still talks about it. Too bad he dropped out of the race.