Friday, January 18, 2008

Did You Know that Drug Dealers & Criminals are Tax Exempt?

It's true! You & I pay for the income taxes for drug dealers and other criminals. They essentially are TAX EXEMPT under the current income tax plan.

Why? Because, currently, Americans are taxed on income - that is, we're taxed on the FRUITS OF OUR PRODUCTIVITY. But, people forget 1 thing - we're taxed on the fruits of our productivity that are reported to the IRS.

So, I'm thinking that the drug dealers and other criminals are NOT reporting their revenues. Call me crazy, but that's my conclusion. So, if they are not reporting their income, then they are not paying taxes. If they are not paying taxes, then they are DEFACTO tax exempt.

Just thinking of the additional $$$ revenues into the federal government from drug dealers alone makes me do the happy dance!!!

Want to read more about the insanity (and other ills) of our current tax system, and why Fair Tax is important for our Country? Then go to FairTaxWarrior.com HERE.

Once again, I reiterate the 2 main reasons why I think the Fair Tax is the FUTURE for America:

1. It means that America is aligning its tax system with its core values of ingenuity and productivity (I've written about this idea many times below, GO HERE)

2. It means that EACH AND EVERY AMERICAN is responsible for his/her own choices of what he/she does with his/her money. Why is this important?

Because I, along with many many others are just disgusted by how this Great Country has fallen into the "blame game" and "entitlement" attitude (we of this ilk often refer to the "million dollar hot cup of coffee" as a symbol of how our entire culture has been completely infiltrated with "new value sytem" that we can avoid personal responsibility when we get either blame others - aka lawsuit - or we should be able to get it from others for free or from the government - aka entitlement).

We want a return to personal responsibility! And, the current American tax system undermines that very theory. Essentially it says, "We the government are taking part of your income, part of your productivity, part of everything that you CREATE. Keep creating, and we'll take more of your creation." It means, "You get to decide what to do with 60% of your income and productivity, we the government will decide what to do with 40% of your income and productivity."

Now, the government needs to be funded - it always has. But, under the Fair Tax Plan, the value system is re-cast to be in line with our traditional values of personal freedom and personal responsibility: So, then, the government says, "You the American people keep all of your income, all of your work product, all of your productivity, all of your ingenuity and creation. You, the American people decide - you the American people have 100% unilateral authority - over what you do with your money."

We are responsible for our choices too!

We get to:

1. Invest it
2. Give it
3. Spend the daylights out of it

And, we get to do it all by ourselves - without the government!!!

I want to remind people of what "Rich Dad, Poor Dad" author Robert Kiyosaki says. He reminds the middle and upper-middle class about these truths:

1. "Rich people" know that money makes more money, and they have money work for them rather than them working for money. [BTW, Kiyosaki's definition of rich, or independently wealthy, is when your monthly investment income exceeds your monthly expenses. Want to exercise your money muscle and find out what this really means? Get his CashFlow 101 game.]

2. "Rich people" know how to invest money BEFORE the government takes their share of taxes - thus enabling a huge amount of leverage on that pre-tax money

Kiyosaki described this last theory in his last PBS Special on the "Cashflow Quadrant" book. Get more info about Kiyosaki's teachings HERE at RichDad.com.

And, in case you're wondering, Kiyosaki doesn't want to keep the middle & upper-middle class "down." He's not an elitist. That's why he & Donald Trump wrote, "Why We Want You to Be RICH."

When you replace the current income tax system with the Fair Tax, then you can completely utilize ALL of your money to have your money working for YOU to make you more money - just like "rich people" do - so that you can yet off the "Rat Race" on onto the "Fast Track" of independent wealth sooner!

Mike Huckabee is the ONLY ONLY ONLY Presidential candidate who WANTS the FAIR TAX.


___________________________________________

Wishing Mike & his supporters All the Best,
Theresa
The Kids' Bank Book

No comments: