MI FairTax will end excessive tax compliance costs (hidden in prices), provide more family/business $'s for energy upgrades, will encourage recycling - all while making MI *the* biz+jobs destination!
Are you interested in becoming an organizer in your area?
Yes
What excites you about this campaign?
That a person like TBP - whose spent his life in fossil fuels - is "talking turkey." High credibility based on personal success in the oil biz.
What do you want to do to help?
Much of my time is spent on the FairTax (FairTax.org) and MichiganFairTax.org - as Internal Communications Director. By moving to a consumption tax, families will have more disposable income to make energy improvements to their homes, businesses, and transportation. It's time to pay for gov't in the process of meeting our family and personal needs . . . ALL on OUR time schedule . . . when we decide to go shopping!
The Michigan legislature not long ago enacted the Michigan Business Tax [MBT] as a response to public pressure to end the Single Business Tax [SBT] (a gross receipts tax, taken before expenses). Trouble is, the MBT still remains a gross receipts tax - and Michigan is sinking - daily !.
" Let's pay taxes when we SPEND our money, not when we EARN it ! "
Our goal is to do REPLACE the income tax system in Michigan. Concerned citizens in Michigan have been learning about a fairer, progressive consumption tax plan known as the Michigan FairTax. In order to give Michigan voters the power to choose, we are underway with a campaign to place the Michigan FairTax on the 2010 general election ballot.
The Michigan FairTax will both simplify, and stimulate, Michigan's business / jobs climate in a dramatic and ongoing basis. It will replace the income tax and current sales tax, with a consumption tax (sales tax at point of retail sale) while un-taxing all purchases up to poverty level. This means that no more withholding of state tax from Michigan wage-earners' paychecks. What's more, every Michigan resident-family will receive a monthly "prebate" check, in amount based on family size. This will ensure that NO Michigan family will EVEN BEGIN paying the MI FairTax on goods / services unless, or until, they exceed poverty-level spending.
Eliminating inefficiency. No more business income tax costs in consumer prices.
Under a FairTax system, points of collection will be dramatically reduced (from millions of individuals to considerably fewer retailers, many of whom are already collecting sales tax). Michigan wage-earners will no longer experience income tax collectors adding interest and penalties to tax bills they only found out about after their return was prepared (and PAID for) at the end of the year. With a Michigan FairTax, income tax returns, audits, interest and penalites vanish.
Because service providers, under the current system, must account for income tax withholding and compliance costs, Michigan consumers pay a hidden tax in higher prices which will become visible under the MI FairTax. (The MI FairTax EXCLUDES business-to-business purchases as this would, again, hide the cost of taxation in prices.)
(We seldom email state-wide, generally notifying members nearby to events or initiatives.)
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Protects basic necessities. No more tax shelters for big spenders.
Because of the monthly "prebate" check (calculated as .0975 x $ [ poverty level per family size] ) to ALL Michigan-resident households, the MI FairTax rate would effectively be 0% on all monthly family spending up to the monthly poverty level, thereafter it's 9.75%. A reasonable average effective rate, inferred, would be about 5.5% (that's without putting anything away!) Monies placed into savings are not available to spend, and therefore would reduce a family's effective tax rate.
What's more, interest earned on savings would no longer be taxed. Accumulating capital for desired goods is easier under FairTax. Further, "higher tax brackets" vanish under MI FairTax. So, go ahead. Work overtime! It's yours. The state only gets paid, when YOU DECIDE to go shopping!
Less credit cards, more savings!
Under MI FairTax, banks will rely less on credit card payments ("getting blood" from paychecks that are already compromised by income tax withholding) because with more disposable income, families will save more. Bankers will have greater deposits to loan - at lower interest rates - to a healthier economy of more businesses employing more people.
MI FairTax turns the current debt-driven financial system (benefitting those who lend) to a savings-driven system (benefitting those who save).
" Act. Right now - ' light your candle ' ! "
Join our email list to learn how you can help advance the Michigan FairTax plan.
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Made popular by the federal FairTax bill (H.R. 25, which was either co-sponsored or otherwise endorsed by several 2008 presidential candidates), this approach to taxation reaches across the political spectrum
Why the FairTax idea is right for America's working families.
Mike Gravel (D), "If the rich like the FairTax so much, why aren't they contributing to my campaign?"
Mike Huckabee (R), "Enacting the FairTax is the most important way to transform the economy."
Ron Paul (Libertarian R), "Though not a co-sponsor of FairTax bill, I'd vote for it."
Dr. Laurence Kotlikoff believes that it will take the FairTax to reverse unfunded U.S. gov't obligations, about $53$88 trillion and counting !!
We, the people of Michigan, are alarmed, and we have taken to the streets because of what we sense is the loss of proper respect and service by those we’ve sent to Lansing (and Washington) to represent US! However, unless our Michigan Tea Parties can channel energy into a vehicle of concrete action, the past century has shown us that we’re likely to continue to proceed down the path to less freedom, fewer liberties, less economic opportunity, more taxes, and larger government!
would rather just attend something you already have planned. Do you have any folks on board for this who have any influence with the state? It's a good idea, but of course the powers that be do not want people to know how much gov costs.
Matt, I saw what you left on Daar Fischers page........lol, lol,......No one has said it better!!!! you are soooooooooo right about him and his right wing-nut tax plan..........thanks for the humor, it was GREAT!
Great where do I come in. I am ready to get cooking. I have experience dealing with legislators that can be confirmed by folks in Idaho. Biotechnology Index has outperformed S&P, NASDAQ etc. I am ready to bring my knowledge, my contacts and my expertise to MI. Companies in CA are begging for lower costs of doing business and looking to relocate. Many of these companies have processes for biomass, crop production using less water and materials science as in better materials for energy efficient homes and buildings. I know Boone has put his money where his mouth is and I know there are millions of people in the army. I have received messages from Boone's administrators and when I answer, no remittance. All I am saying is use me... I am ready, I have the experience to make Michigan a powerhouse in this effort.
I voted for and encouraged Mike Huckabee. I wanted Ron Paul, but he didn't have much of a chance because of his profile. I've always vieded a "comsumption tax" as a VAT and have thusly resisted them.
I do though think that the individuals who have left you "turds" for a message are juvenile, childish and unprofessional. They don't belong in this medium.
That depends on how the flat tax is structured. If you are only taxed on profits, small business pays the same as big business, just 10% on their profits.
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I do though think that the individuals who have left you "turds" for a message are juvenile, childish and unprofessional. They don't belong in this medium.
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