The Democrats could win this election with a slam dunk by accepting in totality the FairTax. Here's why:
The FairTax provides for strengthening Social Security and Medicare because the incoming taxes will have be budgeted. This means no more borrowing from these funds.
The FairTax also helps to create a stronger economy which in turn helps business generate new jobs.
Look at the chart. Today we suffer from distressed mortgages. With the FairTax people get to keep their entire paycheck and get to choose how their money will be spent. That means those who are suffering from not being able to pay their mortgages would have more money in their pockets.
The government chose a stuck-up way to bail them out. They said they would rather spend billions in helping those who made the mess instead of directly putting money in the hands of the people.
This would be the greatest win for Democrats ever!
Did you also know that the FairTax untaxes education? That means that for every dollar spent on education - not one penny goes towards federal taxes. That allows more people to be able to afford better educations and get better jobs. It also means parents will get the opportunity to put more money towards their children's education.
So let me ask you, who better budgets your money - you or the government? The FairTax is the best option for those looking for a progressive tax. If you want to learn more, go to FairTax.org. Or see my previous posts Part One and Part Two
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