The current system of federal taxation is complex, unfair, and discouraging to savings, investment, and innovation.
Repealing the taxation on personal and business income must take place.
Repeal will result in pension simplification as all pension laws become moot.
Taxation shall take place at the point of purchase of all new goods and services for personal consumption. Known as the Fair Tax, a monthly payment (prebate) to all lawful United States citizens equal to the tax on purchases up to a denominator of the poverty level equal to the applicable family unit size is truly fair and efficient.
An estate tax based upon a legislatively determined denominator of the poverty level for a family of four, yet not less than five hundred (500), is critical to prevent the unbridled growth and power of family dynasties and politically motivated foundations of perpetual existence.
Discussion:
The Florida Whig Party Platform is written in a constitutional rather than legislative format; designed to stand as such for a prolonged period of time. Resolutions are designed to address issues of the day rather than making constant changes to the Platform. Parsimony of language guides the Platform as it did with Thomas Jefferson in the writing of the Declaration of Independence and those who crafted the Constitution.
Facts:
According to CNN, the Federal Reserve estimates the net worth of the United States to be approximately $50,000,000,000,000.00 (that's $50 trillion dollars). According to Forbes, the 200 wealthiest Americans have a net worth of $1,000,000,000,000.00.
The Math:
The 200 wealthiest Americans have an average net worth of $5,000,000,000.00 ($5 billion). This group owns 2% of the wealth of the entire nation. If all 200 died this year and placed their net worth in a foundation where 2% per year was allocated to promote social issues that affect the electoral outcome of various key federal races, this sum would equal $20,000,000,000 ($20 billion) each year. This amount is a bit more than the $745,000,000 ($745 million) that the Obama for President Campaign raised in 2008.
Discussion:
The issue of unlimited political contributions (see the recent decision by the United States Supreme Court), the role of foundations, the historical reasons for estate and inheritance taxes (they're different), and the influence of a small number of people who combine their resources to influence the electoral process of a significant number of poorly informed voters is worthy of nothing short of a serious discussion. The Florida Whig Party seeks voters, delegates, coalition leaders, and candidates who have the ability to think broadly and with depth about issues of significant consequence as slogans and surface muckraking accomplish little beyond over-charging and ginning up the 5 watt bulb trying to light the stadium.
These are serious times that require serious people who will engage and encourage the electorate to have serious discussions. The Florida Whig Party is for those who believe in mutual tolerance and the acceptance that it is impossible for people to always agree on everything. Those who have a "my-way-or-the-highway view of life, as well as those who drink-the-kool-aid of their political party of choice, will have a difficult time as a Florida Whig. Broad freedom within a reasonable code of conduct for government, business entities, charities, non-profits, and individuals is what makes the FWP different from other political parties.
Pollyanna's like Goldilocks who always find the porridge too hot or too cold and never just right have unreasonable expectations.
While some saw that Tony rode a pony, there are others who saw that Anthony rode a horse.
Think About It
No comments:
Post a Comment