FairTax Repeals Federal Income Tax

The FairTax plan is intended to be revenue neutral, meaning that it is a tax system that replaces dollar for dollar the current federal income and payroll based taxes. The FairTax bill, however, goes one step further by calling for the repeal of the sixteenth amendment to the U.S. Constitution, which allows Congress to levy an income tax. Without the repeal of the sixteenth amendment we could eventually have both, a federal consumption tax and a federal income tax. So, the repeal of the sixteenth amendment is imperative and in fact is written into the FairTax bill, H.R. 25. If, for whatever reason, the sixteenth amendment has not been repealed within seven years of the FairTax being enacted, then the FairTax bill has a sunset clause that will eliminate the federal sales tax to ensure that we are not saddled with both forms of taxation.

Jack Goodman ‘gets’ FairTax

Jack Goodman is another popular candidate for the Missouri District 7 Congressional seat, so I decided to take a look at his position on the FairTax plan.

The Web site for Mr. Goodman’s candidacy, www.JackGoodman.org, does not specifically address the issue of tax reform. Nor have I seen his position on tax reform stated in any printed materials. So, I made a call to the number listed on the Web site and asked. I was told that Mr. Goodman does indeed support the FairTax plan, and that if elected he would not only support it but would work to promote it as a U.S. Congressman.

In an interview conducted by KY3 News on July 19, 2010, Mr. Goodman had this to say when asked about his view of the FairTax initiative:
“I support the FairTax with minor modification and think the economic potential is tremendous, especially if we are able to pass a federal version.  In 2009, I was the Senate handler for Missouri’s version of the FairTax. The FairTax is transparent, eliminating the hidden layers of imbedded taxation in the retail price of products.  It also forces those who currently evade taxation to pay their share, such as drug dealers, illegal aliens and those in organized crime.  The Fair Tax would also be a huge incentive to bring manufacturing jobs back to America.”

While I would have liked to see a more demonstrative statement of his support of the FairTax plan in his candidacy materials I have to conclude that Jack Goodman is certainly worthy of consideration for the Missouri District 7 seat. I’ll leave you to evaluate his position on other issues, but as for the FairTax plan I believe he, ‘gets it.’

Hey, You’re a Honeybee

Hobo Honeybee
Hobo Honeybee

I was outside earlier slinging paint on the front porch of the CowChows when I got a pleasant surprise. You know how the aroma of fresh paint seems to attract every bug for miles around; well I heard a buzz and looked down to find a honeybee had landed on the handle of my paintbrush. I raised the brush to get a better look and saw that he had a tiny bundle wrapped in a tiny red handkerchief tied to the end of a tiny stick that was propped over his shoulder. I said, “Hey, you’re a honeybee.”

“So what,” he said.

“I haven’t seen any of you guys around for a couple of years,” I said. “Where you been?”

“It’s not where we’ve been,” he said. “It’s where we’re going.”

“What do you mean?” I asked.

“We’ve just had enough, is all. You work hard all day long, try to do the right thing, fulfill your obligations to the hive, and the harder you work the more they take. Eventually, you start to feel like nothing but a drone. There’s still plenty of bees around but they’re the fatcats and the layabouts that never leave the hive. Most of the worker-bees are gone. I’m one of the last to leave.”

“But, what about the others, the ones left behind?” I asked.

“Hey, we talked until we were buzzed out. All the fatcats want to do is strut around making rules and giving orders, and all the layabouts do is sit on their stingers and say, ‘That’s not my job.’ Hopefully, they’ll wake up before it’s too late.”

“But, what about making honey?” I asked.

“Everything it takes to make honey is still here,” he said. Make it yourself, or get the bees to go to work.”

“How do we do that? I asked.”

He shrugged and said, “Do a little jig, they’ll like that. Hey, you missed a spot.”

I turned to look where he was pointing and when I looked back, he was gone. “Wait,” I called, “Where are you going?”

A tiny little voice from high and away came back to me, “Yeah right, like I’m going to tell you.”

Cordially yours,

Tim Couch