As more people read this blog and provide input, it really gets the creative juices flowing. Ergo, I offer the following in response to a recent comment.
Although I am currently for term limits, I believe the passing of The FairTax could greatly reduce the need for them. Please follow me on this. The FairTax changes from the many different taxing strategies we have today, to one consumption tax. Thus our federal government could not (under the FairTax) easily make changes to the tax code and this would reduce the politicians' power. Combined with the fact that elected officials, at the federal level, have a very attractive compensation package, it is possible that they might return to more effective and efficient governing (if they want to keep their jobs). The key is we the people must continuously engage and hold our representatives accountable.
It was suggested that lobbyists' influence be limited "in some way." I submit to you that the FairTax does some of this because government's spending would be limited to the taxes received through the consumption tax. I.e. the federal government could not increase spending by imposing an increase to some other tax (since there'd be no other taxes).
I also would like to address the notion that the political elites will not let changes be made to the current system. I refuse to buy into this. We have had an income tax for less than 100 years (16th amendment, ratified February 3, 1913). If someone had said 30 years ago that we'd elect a president with no business, military or executive experience most people would have said "no way." Look at all the career politicians who had to get out of the way for a 40-something senator (with less than one term in office) to be elected President of the United States.
If we believe in it we can do it. But we must be willing to work for it. I welcome your debate.
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