Sunday, June 26, 2016
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Preview the Paper Preview the Paper

Preview this week's Paper
A limited number of pages are displayed in this preview.
Preview this Week’s Issue ›
Subscribe Today ›

Lost & Found

Found: Husky on Hwy. 181 in Floresville near Whataburger. Call 210-997-6010.

VideoLost: Lab/Pit, missing evening of Mon., June 6, between 5-8 p.m., from Shannon Ridge Subdivision, Floresville, his name is Buster. Call 210-331-8966 if found.

VideoLost: Yellow Maine Coon named Felix, missing since May 22 from F.M. 536, Floresville. Call if found, 210-365-6305.
More Lost & Found ads ›

Help Wanted

Welders needed at Felux Metal Works in Poth. Apply in person. 
Although we make every effort to spot suspicious ads before they run, one may occasionally get into print. If that happens, we ask the consumer to call us ASAP so that we can take corrective action.
More Help Wanted ads ›

Featured Videos





Video Vault ›
Richardson Chevrolet homeTNMCRE/MAX home
You’ve been granted free access to this subscribers only article.

Section A: General News


Editorial: What are the five principles of ‘fair’ tax reform?




E-Mail this Story to a Friend
Print this Story
February 20, 2013 | 1,437 views | 13 comments

As mentioned in last week’s column, there is a solution to the tax problem. It is a solution that was created after years of research and study from $22 million in private funds.

The FairTax takes power from politicians, lobbyists, and special interest groups, and, therefore, probably will not be embraced by many of them.

The non-partisan nature of the solution should unify all Americans, regardless of political affiliation, as all will benefit. The solution starts by moving the tax base from income, savings, and investments to a tax based on consumption. It is a fair tax.

Evaluating reform

The American Institute of CPAs [www.aicpa.org] lists criteria to evaluate proposed tax reforms. The FairTax bill (HR25 and S122) is based on five principles which are in compliance with the American Institute of CPAs’ criteria for tax reform.

1. Fair means no loopholes, no special deals, no exclusions, no class rates, and no exceptions. Everyone is treated alike.

The present tax code divides us into classes based upon income. United we stand; divided we fall.

The FairTax is one rate of 23 cents per dollar in the sale price of all new goods and services. That rate is figured inclusively in the retail price of goods and services just like our present income and payroll tax rates are figured inclusively in our pay.

The FairTax system is progressive because of the rebate to untax purchases up to the poverty level as determined by the Department of Health and Human Services. This monthly “prebate” is sent out the first of each month to all registered families with valid Social Security numbers.

The FairTax is capped at 23 percent on the standard of living that the family can afford. Imagine regaining lost economic freedom by controlling how much tax you pay by controlling how much you spend.

The FairTax greatly reduces the use of the tax code by politicians, lobbyists, and special interest groups to enhance their power and authority.

2. It must be simple: Read that as “easy to understand.”

Our present tax code is more than 74,000 pages. The IRS studies show the code to be so complex that 16 percent of the errors on taxes are due to its complexity and contradiction.

The FairTax eliminates income tax, payroll tax, capital gains tax, gift tax, estate tax, and self-employment tax. The FairTax bill is 133 pages long, double spaced, and can be read on the Internet. For a PDF of the bill, go here: http://1.usa.gov/XDXRoU and click on GPO site.

The FairTax would end the 240 million income tax filings and be collected by 20 million businesses that are registered and licensed by the states. To cheat now takes only you; with the FairTax it requires a conspiracy of both the buyer and seller.

3. Transparent means taxes are in the open. You see and know what is being taxed and how much tax you paid. The FairTax eliminates hidden taxes businesses now pass on to consumers in the form of higher prices.

4. It supports economic growth. Our present tax code hurts the economy by punishing the creation of jobs, along with capital. The FairTax makes the USA a tax-free haven for businesses, and brings jobs, companies, and $10 trillion to $12 trillion of offshore capital to our economy. It taxes the underground economy estimated to be $1 trillion to $1.5 trillion.

5. It is revenue neutral, designed to bring in the same amount of money as the present system.

The FairTax moves the tax base from income, savings, and investments to a tax based on consumption. We can have true tax reform. Contact your U.S. representative and your senators. Ask them to please co-sponsor the FairTax bill.
 

Your Opinions and Comments

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
March 27, 2013 6:58am
 
One of the provisions of the proposed fair tax is the ability of the government to adjust the rate to match the needed revenue. The tax can be adjusted up or down to match the needed revenue. Is there any one on this green ... More ›

 
Alvin Charmaine  
March 27, 2013 6:28am
 
The fair tax exempts business purchases from being taxed, it also doesnt tax used goods. Does that mean that I can open a business that buys cars, then sell them used tax free? The devil is in the details with the fair ... More ›

 
Publius Valerius Publicola  
Rome, Tx.  
March 26, 2013 3:19pm
 
Elect responsible, common sense conservatives to all offices and solve the problem. Whatever the solution, flat or the fair tax, the initial rates, until spending is controlled, will be high. As long as the under-informed and ... More ›

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
March 26, 2013 6:50am
 
Fair tax is not fair. Just another progressive tax system which has a rebate system. Flat tax with no exemptions is fair.

 
Alvin Charmaine  
March 25, 2013 7:44pm
 
They do fair tax and im going into the import - export business. The black market opportunities will be awesome. You think the border has holes in it now, just wait till people are sneaking groceries across.

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
March 25, 2013 4:53pm
 
The proposed fair tax rate is 23 percent and it is inclusive which equates to about 30 percent added to each item purchased. In addition, the state and local tax will be paid on the price of the product. The more tax that ... More ›

 
Anthony Gasbarro  
Fairhope, Alabama  
March 25, 2013 12:44pm
 
Our federal tax code is broken. There have been more than two changes to it EVERY congressional day for 20 years. It is so complicated that many IRS employees can’t explain it accurately. It is 72,000 pages long. A tax code ... More ›

 
squawk box  
Pandora, Tx  
March 22, 2013 6:55am
 
Adding a few thousand to a new car that most people finance must have the banker smiling.

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
March 22, 2013 6:44am
 
The fair tax rate is 23 percent. Since this is an inclusive rate, the exclusive would be about 30 percent. Since the tax would be included in the sale price, state sales tax would automatically rise. Beware of the dog that ... More ›

 
Alvin Charmaine  
March 22, 2013 5:51am
 
Im a fair taxer, i support tax reform for all the reasons mentioned. There are a lot of tax deferred dollars that would get freed up, and automatically hit the ecoonomy, trillions in 401k's I'd forsee a huge black market ... More ›

Share your comment or opinion on this story!


You must be logged in to post a comment.




Not a subscriber?
Subscriber, but no password?
Forgot password?

Section A: General News Archives


Full article available to Wilson County News subscribers only. Click here to subscribe. A look at area’s reptilian past and present (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Council meets ‘the enforcer’ (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Court Update (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Crime Stoppers celebrates 35th year (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Donsbach resigns from school board (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: The challenges, rewards of fatherhood (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: Will the tragedy in Orlando, Fla., change anything? (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: ‘I have had enough! Will you take a stand with me?’ (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Former Ranger Whitman leads DFPS (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Free entry to historic sites for military (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Indianhead Division plans national reunion (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Jehovah’s Witnesses set for July convention (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Fond memories of Floresville’s ‘fast food’ hangouts (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Let the dead rest in peace (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Recusal proper (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: Floresville Convention, Tourist & Visitors Advisory Board (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: Wilson County Memorial Hospital District (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Peanut issues spur Kellogg snack recall (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Pipeline-security course in Beeville (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Police Blotter (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Relief from the heat (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. SISD board pays off $123K balance (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Students make dollars make sense (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Tax watch (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Time Warner gets Floresville-area Internet back in action (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. USDA Housing Seminar (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. WC Republican Party plans social (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. You are self-insured (June 22, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Antonio Coy’s grave gets Texas Ranger Cross, Marker (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Attend free Elder Fraud Summit (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Burning question for Stockdale officials (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Court Update (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Display a kind spirit (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: floresvilleparksfoundation.com is live (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: People did ‘say something’ in Orlando, but to no avail (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. FEDC will sell bond for city parks when time is right (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville closes in on parks plan implementation (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Former Texas Ranger receives long-awaited dedication (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Foundation seeks donations (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Get greenhouse-building tips from the Master Gardeners (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Giant gator causes alarm (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. GVEC to meet June 24 (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Jubilee to honor Vicki Wehmeyer (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Judge Jackson queries DA’s budget (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Crazy J Rodeo, Crouch family express gratitude (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: From the Pastor’s desk (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Property destruction … is not a civil matter (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Local EMS personnel assist flood victims in Brazoria (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Lone Star Greys plan June meeting (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meet Dr. Fisher at the driving range (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: ESD No. 3 (Stockdale-based) (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: Falls City ISD (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: La Vernia City Council (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: Poth ISD (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: Stockdale City Council (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Pastor travels to promote public prayer (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Police Blotter (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Poth trail gets $200K Parks and Wildlife grant (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Tickets, tables available for Casino Night (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Vehicle drives discussion (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. WCRP cancels July meeting (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Win a lifetime license! (June 15, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. A home of their own: Sandy Oaks preps for move (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Audit reveals conservative management (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Be smart during, after floods (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. China Grove faces ‘dog bone’ of contention (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. County jail passes inspection (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Crime Stoppers reaches out, educates community (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editor: Bloggers have misconception of economic development (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: As Dems and Republicans continue internal struggles (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: The great promise of socialism is something for nothing (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floodwaters strand man in tree (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Invest in Chandler (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Anti-gun hypocrites run amok on Capitol Hill (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Hurd sides with establishment politicians (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Update: Wilson County Commissioners Court (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Mission supporters seek votes for grant (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. One student remains missing, second girl reported found (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Police Blotter (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Sauceda earns degree in criminal justice (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Sports Boosters seek new members (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Spring rains saturate area (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Texas Guard to conduct annual training across state (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Vehicle burglars plague Nixon (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Wilson County employees ‘Walk Across Texas’ (June 8, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Adkins man faces child porn charges (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Alamo receives digital makeover (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. CDC names best mosquito repellents (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. City replaces hydrant after firefighters find it unusable (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Court Update (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Dollar General gives grants to libraries (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Donate blood in June (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: Slick college commencement speeches, toxic rhetoric (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: Texas should join conversation about climate risk (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: Trump’s over the hump, Sanders persists, Hillary … is a Clinton (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Eight-liner parlors remain closed (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Flag-raising event (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville council hints at replacing city appointees (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville police ramp up ‘Click It or Ticket’ program (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Fowler wins constable runoff (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Free disaster training June 11 (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Free senior fitness classes (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Help locate missing Floresville High School girls (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Homeowners seek fire, EMS protection (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Hubbard to set high expectations for the EC football program (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Insurance for young couple (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Jobless numbers fall (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Legal aid clinics for vets (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Location change for Parkinson’s Support Group (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: Floresville Electric Light & Power System (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Police Blotter (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Poth ISD welcomes new staff members (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Quintanilla found guilty of aggravated assault (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Second responders to meet (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Three Oaks Center meeting canceled (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Trammell to lead livestock show board (June 1, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. UIW’s new Direct Admit Health Professions Program starts this fall (June 1, 2016)