Browsing the archives for the fair tax tag

Fair Tax Would Increase GDP By 10.5% In The 1st Year, Producing Jobs For All Americans

Economist Dale Jorgenson of Harvard University released a research paper showing that, “…the revenue neutral substitution of the FairTax for existing taxes would have an immediate and powerful impact on the level of economic activity. GDP would increase by almost 10.5 percent in the first year.”* Jobs produced by that level of growth would be an awesome boost for our country.

However, Obama continues to attack business and kill jobs with every move. Updates today show that Obama’s out of control government policies and his back breaking anti-investment regulations have killed more jobs while bringing GDP growth to a screeching 1.8% annual rate. As if $4/gallon Gas & 17%+ under-employment was not bad enough, our President and liberal cohorts continue to push for more spending and greater powers for the EPA to protect bugs rather than help