American Tax Holidays 2009

The corrupt scam artists in Washington and Wall Street have become an arrogant ruling class that ignores the voters and rewards ignorance, incompetence, and greed. The Great Subprime Loan Crisis has featured a parade of the corrupt liars who created this mess, other incompetents from both political parties, plus their wall street cronies who pay them all off, who have been coming on TV for months telling you what an emergency this is, how it must be fixed now, how it must be fixed their way and only their way, and that they are stealing your future for your own good. Then, as soon as this robbery at gunpoint of the American Taxpayer was approved, what did we hear?

"This will take awhile; don't expect anything to happen for 12 to 24 months."

"We don't have any expertise in this, so after we buy all their bad loans, we will be outsourcing the management of this problem to some of the very banks that created it.” (And paying them outrageous fees to do it). And we will keep most of what we are doing a secret from the American people.

"This is a good start, but it is only the beginning. The mortgage problem is bigger than we thought, and we may need more." Now they have added another $Trillion payoff to their friends and supporters and call it a Stimulus Package, and they are working on another $2 Trillion Wall Street Bailout.

And now that the corrupt leaders have confirmed again that they can ignore the taxpayers and spend whatever they want, the line is forming at the Bank of Taxpayer Wallets:

First up, Governor Terminator needs a loan, and many other Governors are waiting at the window. "Us poor state politicians have already spent our budgets, but we need more more more. You can’t leave us out, we are getting creamed by this mortgage fiasco too!"

And "Don't forget about us Auto companies. How can we sell cars without offering 100% financing and $2000 rebates to everybody who wanders in the door? Look, credit is tight, and our sales are totally in the tank!"

And "Hey, what about us credit card banks and retailers? Don't you know everybody is maxed out? How can we keep the economy going if nobody has any credit card limit left?"

And oh yes, let's not forget about the insurance companies, who are getting ready to ask for a bailout of their own to keep up with their buddies at AIG.

Are we starting to see a pattern here? The corrupt politicians have done exactly the wrong thing with the latest two $Trillion they stole. They are subsidizing and encouraging the very bad behavior that got us here in the first place. More credit, easy credit, no accountability. They are using your future and your children's future to dig this hole even deeper, but they are only delaying the inevitable meltdown of the entire world economy.

Why do these corrupt scam artists in Washington and Wall Street think they can get away with this? Because they have been doing it for decades. They spend as much as they want, and put it on the tab of the future. They print money. They borrow money from foreigners. They continuously raise the debt ceiling. They have no financial controls or discipline. Unlike the rest of us, they don't have to stay within a budget, because they have the power to steal more money from you and your children anytime they like. They usually do it in a more subtle way, but this week their system was on display in front of the whole world, and Americans of all stripes are disgusted with what they see.

They call you unsophisticated, ignorant, uninformed, and stupid. They say you are throwing a tantrum because “you just don’t understand”. They tried to scare you to death with lies and dire predictions. Then they stuffed their first corrupt $700 Billion bailout bill with 400 pages and another $150 Billion in payoffs and bribes, and passed it in spite of your protests. And worst of all, they used this entire process to cover their own corruption while blaming it on each other and you! And now they have done it all over again with another $Trillion Stimulus Plan, with another $2 Trillion bailout soon to follow.

It is not too late to change this, but it will take the effort of the American people, and it will be very difficult. Most of our elected representatives from both parties are neck deep in this corrupt system, so they will be of no help in solving the problem. In fact, they and their big money friends will fight against the real solutions. So we have to go around Washington and Wall Street, and do this ourselves.

The weak point in their scam is that even though they have already voted to spend our money, they don't have it yet. So we need to prevent them from getting the money, cut off the sources of their power, and change the system.

Here's how:

First, we need to send a message that we are really serious about this. It is time for the new American Tax Holidays. The first one was in the 1770s, when Americans revolted against the unfair, unrepresented, and onerous taxes of the British ruling class. In Boston, Americans threw the highly taxed tea overboard. All across America, people started refusing to pay outrageous taxes to an arrogant monarchy that thought they could get away with anything by stealing from the taxpayers to reward themselves and their ruling class cronies in business and government. We are in the same situation today. It is time for another Boston Tea Party, and we are having them on April 15th. But that is not enough. We need to actively assert our rights by implementing the new American Tax Holidays.

• On July 1st, 2009, do not pay any taxes for the day. We hereby declare our own tax holiday!
  
  
• If you are a business, provide a one day American Tax Holiday Discount to your customers on your products and services equal to a day's worth of your sales tax and income tax burden, and deduct the same amount from your government tax payment.
  
  
• Don’t shop or buy anything that day, unless they are offering the American Tax Holiday Discount. Reward those companies that do by shopping with them.
  
  
• If you are an employer, add one day’s worth of tax withholdings, the American Tax Holiday Bonus, to your employee paychecks for the week, and deduct the same amount from your government tax payment.
  
  
• If your employer is not offering the American Tax Holiday Bonus, take the day off.
  
  
• Everyone needs to participate. Let’s remind the new President and the Congress that they work for us.
  
  
• This is a good start, but it is only the beginning. The corruption problem is bigger than we thought, and we may need more. We will start with a one day holiday, but that can easily be revised and extended.

Signed, your bosses, the American people.

Second, the constitution allows states to propose amendments, which can be approved by the states and then will be added to the constitution with no action required from Washington. We need to immediately start the process to add several new amendments to the constitution via the state proposal process:

• The federal budget is hereby frozen at the 2008 spending level of $2.90 Trillion. It cannot be increased until the federal debt has been eliminated. After that it can be increased at the rate of inflation. Changes in spending priorities can only be accommodated by the reduction or elimination of other government programs or entitlements.
  
  
• The federal debt is hereby capped at $10 Trillion, and cannot be raised except by constitutional amendment. At the end of each fiscal year, the federal dept cap is hereby reduced by the amount that the debt has been paid down.
  
  
• The entire current federal income tax code is hereby immediately null and void. The new federal income tax code shall be a flat 15% tax rate on income on all Americans. No deductions, no special interest tax breaks, no loopholes.
  
  
• The entire federal payroll tax code is hereby immediately null and void. The new federal payroll tax system shall be a flat 5% tax rate on income on all Americans, divided equally between social security and Medicare. All Americans age 25 or over as of 2008 will continue to participate in these programs and will pay this tax. Those under age 25 and future Americans will not be required to participate in these programs or pay these payroll taxes.
  

Americans, if we don’t do this, we will lose everything we have worked for. Benjamin Franklin said it the best in 1776 as they worked on the Declaration of Independence. When they were about to sign it, Hancock, one of his colleagues, is reported to have said, 'We must be unanimous; there must be no pulling different ways; we must all hang together.' 'Yes,' replied Franklin, 'we must hang together, or assuredly we will all hang separately.'

It’s time to stop the madness. Let’s join together for the American Tax Holidays and for revisions to our constitution to change the system. We can do this, and we must, because it is our last great hope.

Sincerely, and with hope for the future, and faith in the American people,

Patrick Henry