A national Consumption tax is something we need very, very, badly.
This bill was created to try and rectify the problems that have emerged from the Federal Income Tax and the IRS's existence. It would repeal the 16th amendment and put in its place a national sales tax for the United States Government to collect revenue. The problem with our current system is that a) The Income Tax is a great violation of personal liberty, with the government forcibly taking our hard earned money and b) The IRS has become a highly sophisticated organization, and nearly incomprehendable to ordinary citizens. The FairTax would fix both these problems and then some. It would allow us to take home all of our paycheck, instead of having it cut to pieces by taxes, and it would end the Income Tax's destruction of our rights. It would make taxation a choice, meaning it is your choice to go out and purchase luxury commodities and the like. It would also render the IRS and its highly intricate Tax Code unneccesary and wasteful.
Economists at Boston University concluded that the FairTax would reward low-income households with 26.3% more purchasing power, middle-income households with 12.4% more purchasing power, and high-income households with 5% more purchasing power.
This issue destroys class and party lines. It simply logic to endorse something like this, and a National Candidate like Obama would be the best to endorse it.
There are two things that Hillary Clinton has done that deserve immediate scrutiny:
1) She has disregarded the will of the DNC, the only uniting organization between Democrats.
http://news.bbc.co.uk/2/hi/americas/7036562.stm
2) She has given President Bush the authority to attack Iran. This is a portion of a statement that the Gravel Campaign is circulating. Though Obama does recognize that it is too early to rule out a strike against Iran, he did not vote on this measure, like the traitor Hillalry did.
It started with Democratic Presidential Candidate Mike Gravel criticizing Senator Hillary Clinton on live TV. Now, two other candidates are catching on. John Edwards and Barack Obama have both followed Gravel's lead, making statements that criticize Clinton's controversial vote on a measure which gives President George W. Bush the cover to attack Iran.At the September 26 Democratic debate in Hanover, N.H., Gravel first raised the issue, calling the Kyl-Lieberman amendment (S. Amdt. 3017) "a fig leaf to let George Bush go to war with Iran." The Senator went on to say, "I'm ashamed of you, Hillary, for voting for it. You're not going to get another shot at this." You can watch an excerpt of that debate here.Since then, Edwards and Obama have made similar statements. While Obama told AP he sees "nothing wrong with identifying the Iranian Revolutionary Guard as a terrorist organization," he admits that the vote "could potentially lead to military action in Iran." You can read more about that in today's Union Leader.Obama was absent the day the vote was cast in the Senate. As a result, he could not vote on it.Edwards, who calls his vote authorizing the Iraq War a "mistake," followed Gravel in congratulating Senators Chris Dodd and Joe Biden for voting against the resolution