Pork found in Senate version of stimulus
Some goodies found in the Senate substitute version of the economic stimulus bill. Here is a little teaser on what was found, and you can check out this blog for a lot more details. But this, according to Democrats, constitutes economic stimulus:
- $350 million to develop and maintain a “broadband inventory map” at the Department of Commerce
- $1.375 billion for “Rural Water and Waste Disposal”
- $1 billion for the 2010 Census
- $150 million for the Office of the Federal Detention Trustee
- $50 million in aid to combat Internet Crimes Against Children
- $1.4 billion for water projects for Indian tribes
- $10 million to inspect canals in urban areas
- $2.1 billion on energy efficiency in government buildings
- $600 million to buy high fuel economy vehicles for the federal government
- $240 million for “Alteration of Bridges”
- $55 million for Historic Preservation in Park System
- $150 million for facilities at the Smithsonian
- $100 million in Aging nutrition services
- $400 million for screening and prevention of STD’s, including HIV
- $1.5 billion for “Homelessness Prevention Fund”
Pork, pork, pork and more pork. This is what they call an economic stimulus package? An economy does not need government intervention, it needs to let the private sector promote jobs. The United States has the second highest corporate tax rate in the world and has become unfriendly to the business sector. Why do you think all these companies sell to overseas investors for? What government needs to do is less spending and start with some tax cuts or perhaps enact the FairTax act.
I know I’ve talkded about this before, but I’m going to continue to smash your brains in with this one.
Have you heard of the Fair Tax?
What is the Fair Tax? The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment.
* Enables workers to keep their entire paychecks
* Enables retirees to keep their entire pensions
* Refunds in advance the tax on purchases of basic necessities
* Allows American products to compete fairly
* Brings transparency and accountability to tax policy
* Ensures Social Security and Medicare funding
* Closes all loopholes and brings fairness to taxation
* Abolishes the IRS
The Fair Tax Act was first introduced into Congress in 2007 and it is a bill to replace the current complicated income tax code. This tax code was written by Congressman John Linder. It will help reduce government power (gotta love that) and increase spending power for consumers and we all know Americans love to spend considering that Americans actually owe more money than they make.
Bill Archer, former head of House Ways and Means Committee did a survey on the fair tax. The survey was conducted among 500 European companies. One simple question was asked, ” What would you do if the U.S. installed the FairTax.” The responses where astounding. Four hundred said they would build their next plant here. The remaining one hundred said they would move their corporate headquarters here. My guess is that this would be just the tip of the iceberg as to what would follow. Our current tax code does the exact opposite. Product labels would contain the same foreign corporate names but the labels would also contain ” MADE IN THE U.S.A.”
The current tax code also has a hard time keeping people in compliance with the tax laws like tax evasion or illegal immigrants living and working here and not paying tax. The Fair Tax is a tax on all new goods and services. This is an absolute must that all Americans should get to know and understand what is involved in the Fair Tax, our future depends on it!
Visit www.fairtax.org
Related Posts
- Who gets what in econcomic stimulus tax breaks
- The Fair Tax Act
- Pay raises for federal judges in bailout bill
- America needs a “New Revolution” to minimize government intrusion
- IRS ridding themselves of private debt collectors
Tags: american recovery and reinvestment act, Democrats, earmarks, economic stimulus, fair tax, pork barrel













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