Who is hindering the passage of the FAIRtax? The answer: those who benefit from the current system. A recent Rasmussen survey may provide a partial answer to who those people are.
Scott Rasmussen provides a revealing look at a group that he calls “America’s elite 1%”. This group is defined as people who make over $150,000 a year, live in densely populated areas and have postgraduate degrees. Here is some of the results of the survey:
* The elite 1% represents 1% of the population and are extraordinary influential.
* A heavy concentration of them went to one of 12 elite schools.
* About half of the policy positions in government and half the corporate board positions in America are held by people who went to one of those 12 schools.
* They are in power centers – Manhattan or D.C.
* Most Americans believe we don’t have enough freedom but over 50% of the elite and 70% of the politically involved elite say we have too much freedom.
* 70% of the elite trust government to do the right thing and believe we would all be better off if they were in charge of making decisions for the rest of us. What does the elite 1% control?
* Most of the important positions in the current and prior administrations.
* Most think tanks – both conservative and liberal ones.
* Most policy groups in D.C.
What is it that the elite 1% don’t want?
* The other 99% to control how much federal taxes they pay.
* To lose the I.R.S. as a way to intimidate and control the other 99%.
* To lose the ability to reward their friends and punish their enemies using the tax code.
* To lose the ability to use the tax code to coerce people into acting against their own best interests in order to achieve an outcome that is beneficial to them. The elite 1% in D.C. is ignoring the one real solution that allows us to remain citizens and not subjects – the FAIRtax.
The FAIRtax:
* eliminates income tax and payroll taxes
* eliminates the I.R.S.
* eliminates tax lobbyists selling tax benefits to special interest groups
* eeliminates any federal tax on spending up to the amount needed to provide the basic
necessities for you family
* eliminates the penalties on earnings, savings and investments
The list continues but I think you can see why the FAIRtax is seen as a threat to the elite 1%. Under the FAIRtax we pay taxes only when we decide to spend. Until then, all the money we earn all goes to us. Power is the name of the game and the FAIRtax puts that power back where it belongs – in the hands of the 99%.
For more information please go to FAIRtax.org
