| "A billion here a billion there, pretty soon it adds up to real money" ~Senator Everett Dirkson (R) Illinois, 1951-1969 |
|
|
Howdy and thank you for supporting our campaign to send a principled conservative to office. A lot has gone on since we started this journey. Our list of supporters continues to grow. Last week we raised over $10,000 - half of it online and half through solicitations. This support is allowing us to take our campaign to the next level. What does that mean you ask? Well, we will have to tell you about that in the next newsletter.... Some things have to be a surprise!
We added two new campaign staff members and they are helping magnify our efforts. One of these folks has run a statewide campaign in the past so we are especially excited about having him on the team. We received our new, full size yard signs that have been slightly re-designed. Some of our smaller yard signs were stolen from people's yards, but now we are replacing them with the new, bigger signs so that is OK!
To top all of this off we recently had a story written about the campaign published in two Parker County newspapers. You can find the link to Marshalls News Messenger below. In addition, we are planning our first Wise County event on November 20th - a Barbecue Fundraiser and meet the candidate event. This will be an exciting event with live music and great food. Let us know if you want to attend!
We are also looking forward to getting some air time through our participation in the "Who's Next? Project" with radio station 570 KLIF. Check out their website at www.thewhosnextproject.com/elections and vote for us (look down the page under "U.S. Congress - District 12"). We currently have over 200 votes but would like to hit 300 if possible. This is a great way to support the campaign with just a couple of clicks of the mouse. Will you follow the above link and cast a vote for us (and anyone else on the website that you like)?
Last but not least, can you help? We continue to need volunteers to help us knock on doors on the weekends. I can't over emphasize how effective door knocking is. Voters are vastly more likely to vote for me if they have met me or someone representing me. This is a great way to have a direct impact on the campaign and to have fun with folks. Did I mention we buy you lunch? And it is great exercise?
OK - that is probably enough for now. I am tired just thinking about all of this stuff! Thank you again for your support and please let us know if you have any questions. May God bless your week and continue to lead our nation. Mike Brasovan |
| | The Brasovan's |
 |
| Around the Town |
| 6:00 p.m. Azle Chamber After Five-Texas Style Dinner Dance and Silent Auction
www.azlechamber.com for tickets and more information.
11/14 9:30 a.m.
Door Knocking in Tarrant County MIKE IS SPEAKING! Fort Worth 9/12 Project 2501 Ludelle, Fort Worth (at Painless Performance Products)
|
|
|
| On the trail... |
| Since announcing his candidacy in August, Mike has been making the rounds in Wise, Parker and Tarrant counties. He believes it is important to seek out the people he hopes to represent in Washington in order to gain insight on which issues are most important to them.
During the first two weeks of September, Mike knocked on hundreds of doors around Fort Worth to share his ideas of how he wants to bring fiscal responsibility to Washington, DC in all areas of government. He also had the opportunity to share his ideas in an interview on blogtalkradio.com. You can listen for yourself at http://www.blogtalkradio.com/cantotalk/2009/09/03/Lets-talk.
Mike also attended the 9/12 rally in Fort Worth where he had the opportunity to hear from more concerned citizens. Mike has plans to attend many events during the next couple of weeks and looks forward to having more face-to-face time with people in District 12. |
| Brasovan on the issues... |
Fair Taxes for All Americans
I am against the continuation of the current income tax system. I believe a 21st century nation needs to have 21st century solutions. A govern-ment that takes more financially from its citizens as they work harder and become successful is counter-productive to economic growth. Redistributing wealth is not a function of a republic with a market-driven economy.
According to research conducted by FairTax.org, American citizens lose more than $400 billion each year in time, money and effort to comply with the current federal income tax system. I believe a system like the FairTax is the solution.
The FairTax is a consumption-based tax designed to be revenue-neutral to the federal government. I have researched this system thoroughly and believe it offers the most effective method for accomplishing the following goals: Promote Economic Growth: The FairTax allows investment decisions to be based on allocating capital resulting in the best possible return, not on the most favorable tax consequences. Additionally, this taxing method will allow U.S. companies with overseas operations to bring home their foreign subsidiary earnings without tax penalties. These earnings could then be invested here, creating more jobs. Reduce Government Meddling: The FairTax plan gets the government out of our personal decisions on retirement accounts, investments, capital expenditures, mortgages and income options. No more records to keep. No more IRS investigations into our personal life, and no more dreading April 15th.
Increase Compliance: A consumption-based tax is more easily and efficiently collected than an income tax. Additionally, since it is collected at the time new products are purchased, it is almost impossible to avoid.
Encourage Exports/Encourage Increased Fair Trade: By reducing embedded cost of goods produced here in America, the FairTax levels the playing field for competition with imported goods not taxed in their country-of-origin. Additionally, because foreign companies would no longer face pre-sales tax penalties, they would be encouraged to RELOCATE their plants to the United States to export from here to the rest of the world
The FairTax has already been proposed in Congress but needs to be brought to the floor for a vote. If elected, I will fight to obtain the necessary co-sponsors for this legislation, and work to get it passed through the House as soon as possible. |
| Paid for by Texans For Brasovan P.O. Box 101448 Fort Worth, Texas 76185 |
| Mike Brasovan, Candidate for United States Congress, District 12 |
|
|
|
|
| |
|
Before you get too far out on that Fairtax limb, I would hope that you would consider the following issues with HR25 and the Fairtax scheme.
ReplyDelete(1) HR25 proposes that the federal government tax State and Local purchases of new goods, and tax all State and Local employee payrolls as representative of services provided. This would be inappropriate, if not unconstitutional, under our republican form of government. And, if allowed by the Courts, 15% of the revenue raised by the Fairtax would be hidden in higher State/Local taxes. That is hardly the transparent tax that Fairtaxers claim.
(2) By including payroll contributions (FICA) on the list of costs to be replaced, retirees would be forced to resume paying for their earned pension and health care benefits with their sales tax dollars. Hardly fair!
(3) After tax savings accumulated under current law would be double taxed when spent under the Fairtax. Is that fair?
(4) Although Fairtaxers claim that the “prebate” is similar to a tax refund, it is no such thing. The prebate is in fact a cash grant entitlement which would cost $600 billion annually at a time when other entitlements are squeezing out discretionary spending, including Defense discretionary, in the Federal budget.
(5) One of the most egregious Fairtax claims is that retail prices would remain about the same. Unless you choose to believe that everyone’s current net pay after federal withholding would become your future gross under the Fairtax, retail prices have to rise substantially. And, a reduction in gross pay isn’t going to happen for fairness and contractual reasons. The AFFT Director of Research and other expert economists have written that the most likely scenario would be that everyone would get 100% of their gross pay and retail prices would rise. My best estimate, based on 2007 actual revenue data, is that business tax costs of 10% could be removed and retail prices would rise by 17% on average after adding the 30% sales tax.
(6) Despite repeated claims by Fairtaxers that investments wouldn’t be taxed, Section 801-806 of HR25 lays an implicit tax on both interest bearing investments, and debt instruments such as mortgages and credit cards.
(7) HR25 provides for an inventory tax credit which would add about $600 billion to the federal budget deficit in the first year of implementation.
(8) HR25 proposes to implement the national sales tax “cold turkey”, despite the fact that no other country has successfully funded their central government with a sales tax. According to a former Chairman of the Joint Tax Committee, Congress is institutionally conservative and much prefers evolutionary change to revolutions such as the Fairtax. A five to ten year phase in period would allow corrections to be made without endangering the entire US economy.
(9) There is no data supporting the AFFT claim that there is $13 trillion in US owned wealth located offshore to avoid US taxes. According to the Tax Justice Network, an international organization which tracks offshore wealth, there is $1.6 trillion in offshore wealth owned by North Americans, and there are 23 sovereign nations in North America. The best estimate for US owned wealth offshore is $700-800 billion. And, lacking some sort of amnesty provision from IRS penalties in HR25, it is unlikely that any of that wealth would come “rushing home”!
(10) No list of Fairtax issues would be complete without including the disingenuous claim that the revenue neutral Fairtax rate would be 23%. In terms all Americans understand, the rate is actually 30%. Fairtaxers claim that the rate needs to be expressed in inclusive terms in order to make comparisons with the current income tax system. There is no way to compare competing tax systems unless an effective tax rate is calculated for each system. It makes no sense to try to compare a 23% inclusive sales tax to a 28% income tax bracket.