Hi Wentaway, I'm the state Internal Communication Director for the Michigan FairTax Assn which works "hand in glove" with goals of the Pickens Plan. Our goal is to REPLACE the Michigan income tax because the system is broken. It continues to penalize entrepreneurship and productivity, and Michigan is rapidly losing families and businesses - daily ! By enacting the MI FairTax, families and businesses will have additional disposable monthly income to make energy utilization improvements to their homes, businesses, and transportation.
To try to fix Michigan's tax system, the legislature enacted the Michigan Business Tax. Trouble is, the MBT still remains a gross receipts tax - which was the problem with the Single Business Tax it was designed to replace. We've been working hard to get the word out about a fairer, progressive consumption tax plan known as the Michigan FairTax. In order to give Michigan voters the power to choose, we are laying the groundwork for a ballot drive to get the Michigan FairTax on the 2010 general election ballot.
The Michigan FairTax will both simplify, and stimulate, Michigan's business / jobs climatein a dramatic and ongoing manner. 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 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 (.0975 x $ [ poverty level per 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. Thus, the MI FairTax rate would effectively be 0% on all monthly family spending up to the monthly poverty level, thereafter it would be 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 result in a further effective tax rate reduction.
(We seldom email state-wide, generally notifying members nearby to events or initiatives.)
- - -
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.
Under the current system, service providers must recoup income tax withholding and compliance costs, and oftimes Michigan consumers are the ones who pay these "hidden taxes" via higher prices. The FairTax will externalize currently-invisible, price-embedded costs, making them visible to consumers. Because of this, Michigan exporters will be able to identify and remove the FairTax, prior to shipment, making Michigan products more competitive, globally. The MI FairTax is NOT applied to non-retail, business-to-business purchases, as this would, again, inseparably embed taxation costs in prices of finished goods and services.
JOIN US - together, you and I can bring Michigan back!
- - -
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.
Dr. Laurence Kotlikoff believes that it will take the FairTax to reverse unfunded U.S. government obligations, now above $53$60 trillion and counting !
Welcome and THANK YOU for joining Pickens Plan. Below are some links and suggestions on how you can help. Take your time and check out the site. If there is any way I can help, please, let me know. If I don't have the answer, I will do my very best to get you the answer.
Click here to help organize the New Energy Army in your Congressional District! Sign up to be a District Leader today.
Go to THE PLEDGE Lend your voice to the call for American energy independence Fill in the short, standard form.
Go to the MY ENERGY page. Register and make your voice count. Contact and "Friend" the New Energy Army Regional Leader for your state.
Download the PETITION : get them signed, fax them in to the 888# at the bottom of the pledge, asap.
This is how we build our numbers fast! Be a leader, be a part of the "100 CLUB", by faxing in 100 signed pledge. Let Kim Anderson know when you are done and she will see that you are added to the list.
To enable new and current members to understand "The Pickens Plan," and provide them with guides, flyers, brochures, videos, and PowerPoint presentations: Guides and Materials Resource Center
Check out the many Groups for Solar, CNG, your area, etc.
Join in on The Discussion Forum. PICKENS U We are recruiting "Campus Coordinators" for colleges and universities to represent the Pickens Plan on campus.
Thanks again for joining this historical effort. TOGETHER WE CAN DO THIS.
Leslie - Welcome Wagon Volunteer
Welcome!
I am one of the welcome wagon crew. We are all volunteers. Out of sheer numbers I greet daily I have a paste and copy note.
It is not intended to overwhelm you, just give you a direction and some contacts. I do read every profile page.
We are a voluntary community of individuals who are placing our combined support behind T. Boone Pickens and his efforts to send our government a clear (heard) message that we must reduce our nation’s dependence on foreign oil through the use of all domestic energy alternatives. This site is a place to interact with fellow Pickens Plan supporters, keep up with events and opportunities to help get more involvement.
For those of you that have already jumped in and have made contact with your local leader- thanks.
*************Please, I ask the first sites you visit to get accurate info and articles to see pretty much what the plan is about and where the plan stands, and please come back to these sites often as changes take place regularly. Some are long, please; take the time to get all the details.
On the home page, click on About The Plan ~ Boone Cam ~ Blog - You’ll see the Pie-graph Mechanics.
Our future is focus 1- at this point in time! If not now, When? If not you, WHO?
Mr. Obama has voiced that eliminating the dependence of foreign oil is a top priority.
[Click here], to enter your zip code and be paired up with members in your area. If you want to be a leader for your area, you can also sign up on that page.
For our members in other countries [Click here ], to link to the International group.
If you would rather wait on a leader role, that’s ok we need helpers. An organization cannot be all chiefs.
There is a group for almost everything. The Forums/discussions on this site are many and you’ll probably find something that interests or concerns you. Some are very long and were started months ago. For the ones that concern you, please keep in mind, events are remembered and relayed differently by those commenting, which as we all too well know equals at least three sides to the event.
After you have read the sites I mentioned, if you need anything else to help you, while you help the push, please stop by. I am proud to put my efforts towards this cause.
Other fellow greeters will give you a more in depth list of things to do. Again, Welcome; Tom
Comment Wall (4 comments)
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Join this Ning Network
To try to fix Michigan's tax system, the legislature enacted the Michigan Business Tax. Trouble is, the MBT still remains a gross receipts tax - which was the problem with the Single Business Tax it was designed to replace. We've been working hard to get the word out about a fairer, progressive consumption tax plan known as the Michigan FairTax. In order to give Michigan voters the power to choose, we are laying the groundwork for a ballot drive to get the Michigan FairTax on the 2010 general election ballot.
What's more, every Michigan resident-family will receive a monthly "prebate" check, in amount based on family size (.0975 x $ [ poverty level per 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. Thus, the MI FairTax rate would effectively be 0% on all monthly family spending up to the monthly poverty level, thereafter it would be 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 result in a further effective tax rate reduction.
- - -
(We seldom email state-wide, generally notifying members nearby to events or initiatives.)
- - -
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.
Under the current system, service providers must recoup income tax withholding and compliance costs, and oftimes Michigan consumers are the ones who pay these "hidden taxes" via higher prices. The FairTax will externalize currently-invisible, price-embedded costs, making them visible to consumers. Because of this, Michigan exporters will be able to identify and remove the FairTax, prior to shipment, making Michigan products more competitive, globally. The MI FairTax is NOT applied to non-retail, business-to-business purchases, as this would, again, inseparably embed taxation costs in prices of finished goods and services.
JOIN US - together, you and I can bring Michigan back!
- - -
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.
Dr. Laurence Kotlikoff believes that it will take the FairTax to reverse unfunded U.S. government obligations, now above
$53$60 trillion and counting !Click here to help organize the New Energy Army in your Congressional District! Sign up to be a District Leader today.
Go to THE PLEDGE Lend your voice to the call for American energy independence Fill in the short, standard form.
Go to the MY ENERGY page. Register and make your voice count.
Contact and "Friend" the New Energy Army Regional Leader for your state.
Download the PETITION : get them signed, fax them in to the 888# at the bottom of the pledge, asap.
This is how we build our numbers fast! Be a leader, be a part of the "100 CLUB", by faxing in 100 signed pledge. Let Kim Anderson know when you are done and she will see that you are added to the list.
To enable new and current members to understand "The Pickens Plan," and provide them with guides, flyers, brochures, videos, and PowerPoint presentations:
Guides and Materials
Resource Center
Check out the many Groups for Solar, CNG, your area, etc.
Join in on The Discussion Forum.
PICKENS U We are recruiting "Campus Coordinators" for colleges and universities to represent the Pickens Plan on campus.
Thanks again for joining this historical effort. TOGETHER WE CAN DO THIS.
Leslie - Welcome Wagon Volunteer
I am one of the welcome wagon crew. We are all volunteers. Out of sheer numbers I greet daily I have a paste and copy note.
It is not intended to overwhelm you, just give you a direction and some contacts. I do read every profile page.
We are a voluntary community of individuals who are placing our combined support behind T. Boone Pickens and his efforts to send our government a clear (heard) message that we must reduce our nation’s dependence on foreign oil through the use of all domestic energy alternatives. This site is a place to interact with fellow Pickens Plan supporters, keep up with events and opportunities to help get more involvement.
For those of you that have already jumped in and have made contact with your local leader- thanks.
*************Please, I ask the first sites you visit to get accurate info and articles to see pretty much what the plan is about and where the plan stands, and please come back to these sites often as changes take place regularly. Some are long, please; take the time to get all the details.
On the home page, click on About The Plan ~ Boone Cam ~ Blog - You’ll see the Pie-graph Mechanics.
Our future is focus 1- at this point in time! If not now, When? If not you, WHO?
Mr. Obama has voiced that eliminating the dependence of foreign oil is a top priority.
[Click here], to enter your zip code and be paired up with members in your area. If you want to be a leader for your area, you can also sign up on that page.
For our members in other countries [Click here ], to link to the International group.
If you would rather wait on a leader role, that’s ok we need helpers. An organization cannot be all chiefs.
There is a group for almost everything. The Forums/discussions on this site are many and you’ll probably find something that interests or concerns you. Some are very long and were started months ago. For the ones that concern you, please keep in mind, events are remembered and relayed differently by those commenting, which as we all too well know equals at least three sides to the event.
After you have read the sites I mentioned, if you need anything else to help you, while you help the push, please stop by. I am proud to put my efforts towards this cause.
Other fellow greeters will give you a more in depth list of things to do.
Again, Welcome; Tom