1. The Fair Tax Gets Rid of the Hidden Costs in Goods
What do I mean by this? Right now all of the things you buy have a lot of markup to cover the cost of taxes on businesses. Businesses have to pay social security taxes for every employee along with high corporate taxes on profits. If you take these away competition will bring the price of everything down significantly.

2. The Fair Tax Will Bring Businesses to America Which Means JOBS
Right now the current tax code is decidedly against businesses. The Fair Tax would lower the cost of doing business dramatically, and that means we could compete on a global scale. We can actually export goods on an even footing again. That means manufacturing jobs would come back lowering our unemployment.

3. The Fair Tax Gets Rid of Our Current Tax Code

Enough said.

4. The Fair Tax Would Tax Drug Dealers and Other Illegal Income
Needless to say they are not paying income taxes but they do buy things in our country. A fair tax would broaden the tax base to include these criminals as well as the millions of illegal immigrants in our country.

5. Did I Mention Getting Rid of the Tax Code?
It is several volumes long and the loopholes are huge. People making almost nothing pay a similar tax rate to millionaires in some cases because of our complicated code. Special interest groups have put so many ridiculous things into our income tax system it is ridiculous.

6. Stop Taxing Investments, Create More Jobs
A fair tax would stop taxes on capital gains and other investment income. This would create an environment where people want to invest in businesses. This creates even more jobs.

7. The Fair Tax Lets You Take Home Your Whole Paycheck
We will have more jobs and everyone gets to take home their whole paycheck. Wouldn’t it be nice to have your whole check to spend on whatever you want? Wouldn’t it be nice to be able to save and invest as much as want?

These are just a few reasons that the fair tax makes sense. If you are interested in learning more check out my article on the fair tax pros and cons, the fair tax website, or The Fair Tax Book by Neal Boortz.

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This is from a speech Obama made in 2006:

The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.

Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion.That is “trillion” with a “T.” That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President’s budget will increase the debt by almost another $3.5 trillion.

Numbers that large are sometimes hard to understand. Some people may wonder why they matter. Here is why: This year, the Federal Government will spend $220 billion on interest. That is more money to pay interest on our national debt than we’ll spend on Medicaid and the State Children’s Health Insurance Program. That is more money to pay interest on our debt this year than we will spend on education, homeland security, transportation, and veterans benefits combined. It is more money in one year than we are likely to spend to rebuild the devastated gulf coast in a way that honors the best of America.

And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.

Every dollar we pay in interest is a dollar that is not going to investment in America’s priorities.

Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006

I hadn’t heard this speech before, but it’s actually pretty impressive. I’m not sure where this guy went, but I wish he’d come back before our current President drives us to bankruptcy. The current budget deficits just can’t be sustained.

Hat Tip Tabitha Hale and Gateway Pundit

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I saw some great stats recently of the amount of cabinet members who worked in private business prior to being appointed. This administration is trying to run GM and AIG and is supposedly focused on creating jobs. The problem is, none of them have any experience in creating jobs. Take a look at this chart:

8% of Obama’s cabinet worked in private business. The lowest other than him were 30% and 32%, Kennedy and Carter. This is not the team we want trying to create jobs.

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I read an article on the New York Times website about how much employers must pay in unemployment insurance. It’s really quite a bit more than I would have expected. I know my company keeps people on, sometimes for as long as 2 years, as contractors before hiring them on full-time. I suspect this is partially to avoid these types of problems where you hire someone and need to fire them in 45 days and don’t want to be subject to the unemployment penalties.

If small businesses have to be worried about a half percent increase in what they pay in unemployment insurance when they need to fire someone for incompetence it’s no wonder they are hesitant to hire new people.

From the article:

Here’s how it works in Illinois. The important point for business owners to know is that when the state pays out claims to a company’s former employees, that company’s unemployment tax rate goes up. For each business, the state calculates how many dollars have been paid in compensation over the previous three years and adds on about 48 percent through various calculations. The result is that in Illinois, you end up paying for incremental compensation claims at a rate of $1.48 for every dollar that a former employee collects.

If you haven’t seen this yet it is a campaign video by Carly Fiorina who is running Tom Campbell in the Republican primaries. If you have to ask, she is from California. By her points, I don’t think I really want him representing us in Congress. Watching this video, I’m certain I don’t want her representing us for anything.

Hat Tip: Michelle Malkin

I’ve recently spent a bit of time discussing the budget deficit and how it is going to effect us, as well as unemployment and all the stimulus spending. Recently Paul from The Loud Talker sent me some beautiful charts that show where things have been recently. Check out his whole article on the deficit and take a look at these charts.

If anyone thinks that those deficits are needed, think again. They are going to kill our economy.

I thought they told me if we passed the government stimulus package unemployment would peak at 8 percent. I guess they were wrong.

56 year old Donna Jackson was home alone when Billy Dean Riley threw a chair through her back door. She shot him one time with a shotgun. She didn’t miss. This is yet another great story of a women protecting herself and her property with a firearm. Who knows how it would have turned out if she didn’t have the shotgun, or didn’t know how to use it.

“There’s a man at my back door,” she told the dispatcher. “He’s trying to get in.”

She said Riley was hollering and appeared drunk.

“I have a shotgun, and I will use it,” she warned.

“He is banging on the door,” Jackson told the dispatcher. “It’s a patio door, and it’s not worth a nickel. I can hear him banging. He’s going to get in.”

Loud noises can be heard on the 9-1-1 audio.

“He’s crazy. He’s crazy,” Jackson said. “I’m taking the safety off the gun, ma’am. He’s acting crazy. I don’t know how he got in here. He had to have come from the very back. Oh cr-p, he’s coming around the front.”

The dispatcher asked, “Is your front door locked?”

“Yes, ma’am,” she replied, “but it’s only got a lock on the handle.”

Then the dispatcher asked, “Do you have a place where you can go inside your house and lock yourself in a room?”

“Uh, not really,” Jackson said calmly. “I’ve got a big shotgun. I’m not going into a tiny bathroom.”

Loud crashing noises can be heard on the audio tape.

“I don’t want to have to kill this man, but I’ll kill him graveyard dead, ma’am,” she told the dispatcher.

The dispatcher replied, “I understand.”

“Alright,” Jackson replied as she prepared to defend herself.

Jackson stood in the kitchen with her lights turned off, remaining calm and updating the dispatcher. The man continued banging as dogs barked.

“Oh cr-p, he’s breaking in,” Jackson said. “He’s breaking in now.

“I have the gun on him. He’s breaking the window. I’m going to kill him.”

She continued, “He’s walking across, back and forth on the porch. He looks to be an older man. I don’t want to kill him. … He’s kicking the door. Please hurry. Please hurry. He’s going to make it in. Please hurry, ma’am. He’s kicking the door. Please hurry. I think he’s drunk. He doesn’t know where his pickup’s at.”

Jackson prayed, “God, I don’t want to kill this man. Oh dear God.”

‘I’m so sorry, Father’

She told the dispatcher, the sheriff deputies “need to hurry. He’s going to break this thing open. If he does, I’ll have to kill him, ma’am. I don’t want to kill him.”

The dispatcher responded, “I understand, ma’am. You have to protect yourself.”

“I’m trying to stay away from the window,” Jackson said. “It’s off safety, ma’am. All I’ve got to do is fire.”

Riley picked up a plastic patio chair in the backyard and hurled it through the sliding door, shattering the glass. Several loud crashing sounds can be heard on the audio as he forces his way into Jackson’s home.

Jackson said calmly, “He’s gotten in the house. I’m going to shoot.”

“Oh God,” the dispatcher replied.

After another loud crash, Jackson’s shotgun blasts.

The shot killed the intruder instantly.

This was clearly not something she wanted to do, but when someone crashes into your house in the middle of the night you don’t know what they are going to do. Protecting yourself and your loved ones is the most important thing you can do.

Obama spent his State of the Union address talking about our fiscal problems and how he wanted to fix them. He then released his budget for this year. We are going to have a 1.56 trillion dollar deficit on a 3.8 trillion budget, the highest in history. He’s calling for increased jobs spending:

The jobs initiative largely mirrors last year’s stimulus bill, but is about one-third its size. The president is asking for nearly $300 billion for recession relief and job stimulus. The budget paints a remarkably dire picture of a federal government that will have to borrow one-third of what it spends next year as it runs a deficit that still would total some $1.3 trillion.

What a great idea, since last year’s stimulus package worked so well at creating jobs. Unemployment went from 8 to 10 percent from the time the stimulus package was passed last year until now.

Obama went on to say, “What I reject is the same old grandstanding when the cameras are on, and the same irresponsible budget policies when the cameras are off,” the president said. “It’s time to save what we can, spend what we must, and live within our means once again.” It is a little bit entertaining to me that he can say this with a straight face. Who is he talking to? He just submitted the largest budget in our history with a 1.56 trillion dollar deficit.

Republicans weren’t impressed with the proposals.

“They’re not willing to do big ideas. They’re doing ideas that create perception but don’t do anything big,” said New Hampshire Sen. Judd Gregg, senior Republican on the Budget Committee. “The spending freeze for example. You’re talking what, $10 billion on a $1.6 trillion deficit?”

Obama’s proposal spells out plans to have a 700 billion deficit in 4 years, “fulfilling” his promise to cut the deficit in half. What a joke. That is bigger than any deficit we had before he took office. I’m not impressed. If Obama were serious about getting us out of this mess, the deficit would be 0, not 700 billion. He, along with the rest of Washington, clearly doesn’t know what the word “budget” means. I don’t get to spend money I don’t have, I really wish they would stop spending money they don’t have.

Here is a stat that is pretty telling. To have a 0 deficit based on the projections in Obama’s budget, we’d have to go all the back to the amount we spent in….wait for it….2004. I know, huge sacrifice. Just do it. The growth in government recently has been staggering, and it has to stop. I’m sick of fancy speeches and smooth talking, I want some real action.

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