Uploaded by SteveKubby2008 on Apr 13, 2008
"Over-taxed" doesn't even begin to describe American society today. Between overt and hidden taxation, Americans spend more than half their income on taxes. We spend more of our time working for our government than a medieval serf of 500 years ago spent working for his lord!
And what do we get in return for half our money, half our time, half our LIVES? If we're lucky, we get things that the market could provide more cheaply and efficiently than government does. If we're not lucky, we get things that we wouldn't ever buy if we weren't forced to.
As your President, I'll work diligently to ease your tax burden. If I can get a tax eliminated, I will. If I can't get it eliminated, I'll strive to get it lowered.
- I'll veto any proposed increases in existing taxes. Period.
- I'll veto any proposed new taxes. Period.
- I'll veto any budget passed by Congress that is not in balance based on the previous year's revenues, not on rosy projections of future revenues. Period.
Yes, I know that Congress can override presidential vetos, and they very well may do just that. But I promise you -- no tax increase, no new tax, no deficit budget will be imposed on you over my signature.
As the American economy grows -- and with the policies of smaller government I advocate, that growth is certain to get faster -- federal revenues will go up without tax increases. As they do, I'll go to Congress each year with a budget proposal that splits those increased revenues right down the middle: Half of that extra money into across-the-board income tax cuts for the following year, half into reduction of the national debt.
I'll also work to cut spending. Our government is too big. It does too many things that it shouldn't be doing. I want to stop it from doing those things -- and give the money that's being taken from you to do them back to you.
My goal is to eliminate the federal income tax. Until I can convince Congress to do that, I favor cutting the income tax in a way that's simple, fair and, as I said, "across the board."
My tax cut proposals won't come in the form of loopholes or deductions for special interests or "the rich." They won't come in the form of hokey schemes like the "flat tax" or the "Fair Tax." Those gimmicks are like rearranging the deck chairs on the Titanic.
My tax cut proposals will be REAL tax cuts in the form of increases to the "personal exemption."
Every year, every American will be able to earn more income before the federal government tries to take any tax.
Every year, more Americans, earning more money, will fall off the income tax rolls completely, and those who don't will be taxed less.
When it comes to eliminating the income tax, many people have told me that that's impossible -- that it would amount to an unthinkable, fundamental reorganization of American society.
But America survived without an income tax until 1913. That's more than half of our nation's history! And it wasn't until World War II that the income tax became a major factor in government finance, or that the government began "automatically withholding" taxes from your weekly paycheck.
Historically speaking, the income tax as we know it has been a short-term experiment, and in my opinion it's been a FAILED experiment. I don't see why it should be "unthinkable" to take a step backward from that mistake. I consider it eminently thinkable -- as a matter of fact, I consider it common sense. And I'll do my best to make it happen.
Let's work together to make April 15th just another spring day instead of a symbol of all that's gone wrong with America. Let's work together to put more money back in your pocket. Let's work together to make your wealth -- and your FREEDOM -- grow!
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Artist: Stevie Ray Vaughan & Double Trouble
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@sksman71 Fairtax is different, because its own leaders have no intention of passing it. THey know its idiotic -- literally.
They pretend to TAX THE GOVERNMENT. Yes, see their books, and their math. They tax ALL government spending. Including the WAGES government pays!!! They slip this in in two sentences, in the back, of two major books.
If you can fucking tax the government -- put that on page 1!!.
Where the fuck will cities and states get all this money to pay taxes?
MarkDouglasC 1 year ago
@MarkDouglasC Fair tax is just another scheme.
sksman71 1 year ago
the income tax was in our country in 1862 not 1913 moron.This guy is an idiot.Talking about fair tax.
sksman71 1 year ago
Watch Federal reserve ,IRS & Communism on YouTube.
coolrayfruge 2 years ago
Taxes, paying for the peoples enslavement!
coolrayfruge 2 years ago
i didnt watch the video just enjoyed listening to that Stevie ray riff :D
spiralisedcat 2 years ago
Hahahaha!!! Stop copy/pasting your fake arguments Mark! You put "great song" in the last video you commented on when there wasn't even a song!
Earn ANY money BEFORE you can chose to spend it on a car, home, gas or bills and it's TAXED today. So you must like our horrible system somehow?!!
fairtaxhtown 3 years ago
Gravel is a good man -- kind of stupid about economy though. His lunatic Fairtax is a farce --he just doesn't know it.
Fairtax would be the worlds HIGHEST sales tax -- no other country even comes CLOSE to this high of a sales tax.
That's not SO bad -- but this lunatic tax you have to pay on your RENT -- on your CAR insurance, on your gasoline and utility bill, on your MEDICAL costs -- everything!!
Get cancer? Pay 60,000 in SALES tax under this bullshit. Its crazy as hell!!
MarkDouglasC 3 years ago
great song.
Wait till Fairtax comes. It would be worlds highest sales tax on everything you do, everywhere you go, every financial transaction.
Need cancer surgery -- pay the worlds highest sales tax.
Want to buy a new car or house -- pay the worlds highest sales tax.
Get gasoline or pay your utility bill -- pay the worlds highest sales tax.
MarkDouglasC 3 years ago
How high would the Fairtax be?
It would be the worlds HIGHEST sales tax - but how high?
Well -- they say 23%. But that only works if they can really collect the taxes they claim they will collect. If they can't collect all they say -- the tax rate will have to be higher.
Here is 800 billion they CAN NOT possibly collect.
Fairtax says it will make the government pay this sales tax -- the world's highest.
Nonesense. You can't count the taxes the government "pays" as income.
MarkDouglasC 3 years ago