Thursday, October 2, 2008

The 2008 Pork Filled Rescue from the Senate

You have to love to hate their ability to make us angry. The Senate passed a huge tax break package with the bailout.

Here is a good blog for seeing the tax breaks in the bill: Hot Air

New Tax earmarks in Bailout bill
- Film and Television Productions (Sec. 502)
- Wooden Arrows designed for use by children (Sec. 503)
- 6 page package of earmarks for litigants in the 1989 Exxon Valdez incident, Alaska (Sec. 504)

Tax earmark “extenders” in the bailout bill.
- Virgin Island and Puerto Rican Rum (Section 308)
- American Samoa (Sec. 309)
- Mine Rescue Teams (Sec. 310)
- Mine Safety Equipment (Sec. 311)
- Domestic Production Activities in Puerto Rico (Sec. 312)
- Indian Tribes (Sec. 314, 315)
- Railroads (Sec. 316)
- Auto Racing Tracks (317)
- District of Columbia (Sec. 322)
- Wool Research (Sec. 325)

The American Public didn't like the $700 billion, so the Senate thought we would rather have $850 Billion instead?

The FairTax Needed Now

Let's get the FairTax back on the table. This is the best possible solution to free up cash in the pockets in the common man. With the FairTax we each get to choose how we want to be taxed. With the FairTax we each could collectively stop paying taxes legally as a means of protest..

The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including:

  • A progressive national retail sales tax.
  • A prebate to ensure no American pays federal taxes on spending up to the poverty level.
  • Dollar-for-dollar federal revenue neutrality.
  • Repeal of the 16th Amendment through companion legislation.
Now is the time to stand up and get real change.
  • No to Bailout, and yes to the Common Sense Plan or the Gingrich Idea
  • Change taxation policies - Lower taxes, help the lower income families, and get our jobs back with the FairTax
That's my continued soapbox.

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