The administration’s position on taxes is clear. Higher taxes are more important than higher revenue. The mixing of ‘fairness’ to economic principles is counter-productive. The President rejects out-of-hand ‘dynamic scoring’ despite evidence that from a purely economic standpoint, it is what happens in real life.
Whenever the President has his political back against the wall, he talks a good game. He says how open he is to advice on taxes from all areas, all industries, and all citizens. Two weeks before the election, on the campaign trail and with NBC’s Brian Williams, President Obama said “You know me, I say what I mean, and I mean what I say.” This is his chance to prove that his word is his bond.
This challenge is made by Mr. Kerry Bowers, a man I know to be an expert on not only how the FairTax works and how much better it is for the economy, working people, and business than the current IRS code, but he can explain it in a way understandable to the economically savvy and economically challenged among us, including President Obama, Senate Majority Leader Harry Reid, and House Speaker John Boehner.
Please distribute this video to your federal representatives, news media, politically connected groups and people, and suggest to them that this meeting take place.
The FairTax will fuel economic recovery and economic stability like no other proposal out there. And it will do it without increasing the debt. It will eliminate the FUD factor, the anchor dragging the economy and killing jobs along the way. It will effectively un-tax the poor and increase economic upward mobility from poor to middle, and middle to upper class. It will put in to action what the President says he wants. Which is, to restore the American Dream.