A Christmas Gift for President Obama

A new way to quickly restore the U.S. economy and millions of manufacturing jobs is described by two Pennsylvania residents in this video letter to President Obama. A copy of "Robbing Peter : How to Take Back Every Job and Factory Lost to China" is packaged for delivery to the President by Christmas of 2010.

Category:

News & Politics

Tags:

• President Obama
• jobs
• economy
• Robbing Peter
• politics
• China
• free trade
• Republican
• Democrat
• Tea Party
• recession; tariff
• manufacturing
• factories
• liberals
• conservatives
• minimum wage
• taxes
• national debt
• Ciali
• tariff-substitutes
• subsidies
• GATT
• U.S. economy
• protectionism
• economic
• congress

[jiminiflix]

USA never gained independence. You have always paid taxes to the British. You are still just a colony "corporation" for the benefit of the "crown"- the richest 13 families of the world - not the queen who is just a front for the crown. Washington DC, The Vatican and London City are all self standing countries that dictate politcal, religious and bankin control over the world. The NWO is not new, the usa in my oppinion is a "money donkey" - a slave system for the rich to gain- even through debt.

[RobertCiali]

@jiminiflix How do we fix it?

[dddmartin1]

"I CAN'T SAY THAT I LOST MY JOB, I KNOW WHERE IT IS

THERE'S AN ASS-HOLE IN CHINA WHO THINKS THAT IT'S HIS"

from the mears brothers song "factory town" check it out on youtube!!!

[dtvgmedia]

@RobertCiali title 26 us code subsections A, B, C, D, and H are repealed, they go away. Administration of the The IRS is phased out over 3 years to collect back taxes. There will be an "Excise Tax Bureau" in the Department of Treasury to administer excise taxes not administered by the Bureau of Alcohol, Tobacco and Firearms. SEC. 302. of the fairtax bill H.R.25

[jiminiflix]

Stop the debt!!!

[RobertCiali]

@dtvgmedia The IRS currently collects excise taxes. They're not going anywhere. They'll probably just get a name change.

[RobertCiali]

@dtvgmedia The excise tax and the retail VAT do have their differences. Excise taxes can have different rates for different products. Doing that with a Retail VAT would drive retailers crazy. Our government doesn't subsidize industry to any meaningful extent. The high VAT rate has to pay for all the different internal taxes that the Fair Tax Plan eliminates and to pay for the prebate it must give to everyone annually.

[dtvgmedia]

Although the difference between the excise tax, and the fairtax is that an excise is an indirect tax, (the producer or seller pays the tax to the government passing the cost but remaining hidden to the consumer where as with a sales tax the cost of the tax is on the receipt.

[dtvgmedia]

@RobertCiali

If we were to start with the fairtax plan as the excise tax, and then raised the rate to subsidies things government wants to subsidize, the plan would look kinda close to your plan. But doesn't government already subsidize? Thats why the fairtax rate is 23% of all new goods and services consumed in the US.

I guess we could just go with the fairtax plan to remove the tax bias that favors imports and not raise subsidies.

[dtvgmedia]

@affiliate30 Tariffs are levied only on imports. Unlike a tariff a domestic consumption tax like the fairtax taxes consumption of imports and domestic products the same. This eliminates the tax bias (domestic production tax) that favors imports.