Friday, May 29, 2009

FairTax Friday!

Are you one of those people who thinks that the only time you pay income taxes is when you have to write a check to the government on April 15th? Do you also think that "getting some back" means you not only paid zero income taxes, but the government just thought they would like to give you some more money? If so then please read on. If not, read on anyway and spread the word. From now on, we're going to have FairTax Friday on Real Honest Thinking to get and keep people excited about the FairTax!

You know that pay stub that you get when you get your paycheck? Take a look at it (even if you know where I'm going with this). There are two sections: Earnings and Deductions

Wait...... deductions? It's your money, why should anyone be able to deduct it? This is exactly how the government misleads people into thinking that they don't pay taxes. They just take it out as you go. Look at the pay stub above. To date, the government has taken $9,845.71 out of this person's paycheck and the year isn't even halfway finished! It's not even June yet! The Federal Government has taken $8,098.30 from this person's salary. This person may not have to write a check to the government next April, but they sure as heck have paid taxes! Over $20,000 worth once the year is finished! For those of you who are aware of this scheme that the government uses to trick people, take a look at your pay stub anyway just so you'll get good and pissed off at how much the government is taking from you. To everyone, what if I told you there was a system of taxation that keeps the government running, but allows you to keep 100% of your paycheck?!? Imagine having an extra $8,000 right now, because that's what the person above would have. What would you do with $8 grand?!?

Imagine what that would do for people struggling in this economy. What if someone's spouse has lost a job, and they can't quite pay all of the bills on just one income? Wouldn't an extra $8,000 help? You bet it would! What if products became cheaper because corporations no longer had to pay income taxes? Better yet, what if you got a check from the government every month that gave you the money to buy basic necessities like food? That would surely help struggling people right now, and for those not struggling it would free up money to give to charities and other good causes. That sounds amazing to me!

That's the FairTax folks. It eliminates ALL FEDERAL WITHHOLDING TAXES SO THAT YOU KEEP 100% OF YOUR PAYCHECK! If you're interested then tune in next Friday (or email me) for more information. You want a stimulus package? The FairTax is it!!!

3 comments:

  1. Those YTD totals seem extremely high for all the categories, especially federal. Unless this person took a drastic reduction in salary. Even if someone is paid every week, the 177.35 deduction per paycheck for Federal does not seem to square up with the federal YTD total - if this in fact a YTD paycheck check. Maybe you can explain. Just curious.

    Maybe this person is paid on commission and this pay period did not include any.

    Thanks!

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  2. Shrewd observation - I can say for a fact that this person is paid commission on a periodic basis, which is why you see the discrepancy. It's all factual though!

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  3. Thanks. I figured that may be the case but just wasn't sure. Pretty amazing how much we fork over to Uncle Sam. Sure would be nice to have some of that money in pocket

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