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Kill the Death Tax!
The phase-out of the death tax will expire at the end of 2010. This is a looming crisis for small business owners, farmers, ranchers and others who heirs may be forced to sell the farm or business in order to pay up to a 55 percent federal estate tax. Imagine the unfairness of one person who dies on December 31 and who is able to pass the family business on to the children and grandchildren intact vs. another person who dies a day later and the children get hit with a bill from the federal government that is so big, the business must be sold to cover it.
Besides, the small business owner has already been taxed on the money when they earned it. The death tax is double taxation. End the death tax permanently.
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Abolish the Income Tax
I learned about the need to abolish the income tax in favor of the FAIR tax from my friend, one of the foremost leaders of this movement, Alan Keyes.
Alan is a grandson of slaves, and, as such, his words were powerful when he said, “The income tax is utterly incompatible with liberty – it is actually a form of slavery. A slave is … denied control over the fruit of his labor. A slave is someone who has only what the master lets him have.”
Think about that. Is that not the case with the income tax? We have surrendered to our government control over essentially all the money we earn. We have given them the power to take a percentage of everything we earn, and then they get to set the percentage. We have only that portion of our income that the government lets us keep. This is not economic freedom. Our Founders often quoted from Blackstone’s commentaries when they argued against the income tax and made it unconstitutional. “A power over a man’s resources is a power over his will.”
We as grassroots Americans must stand against this path to tyranny. This debate is not just about the rate of the tax or the size of the deficit. It is about the right of a free people to own the fruit of our own labor. Let’s not settle for one more tweak, one less schedule, one different loophole, any longer. It is time for the citizens of our great country to insist on a return to a true understanding of liberty and replace the current system with what our Founders intended. Let’s institute a fair tax that replaces the income tax with a tax based upon our purchases in the marketplace.
We can debate the details, but this principle should prevail.
Those of us in this movement believe the best about America, and the best about Americans. We believe our friends and neighbors know better than government how to control their own resources. We believe Americans still have the character to be free. It’s time the rest of the politicians in Washington felt the same.
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Reform the Alternative Minimum Tax
There is a tax increase looming for millions of taxpayers, hidden in the Alternative Minimum Tax that was not indexed for inflation when it was passed in 1969. Large families will be especially hard hit. It must be reformed, and soon, otherwise it will wipe out all of the tax relief that we have achieved in recent years.
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End the Marriage Penalty
In 2006, I was one of the leaders of the team that successfully ended the marriage penalties that were remaining in Arizona tax laws. The current federal income tax code imposes a penalty on working married couples. In 2001, Congress passed marriage tax penalty relief phased in over several years. All of the changes are set to expire at the end of 2010 hitting married couples with a marriage penalty tax increase in 2011. It is imperative that Congress pass legislation to make this phase-out of the marriage penalty permanent.
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Paid for by the Committee to Elect Sydney Hay to Congress
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