Tuesday, July 7, 2009

Will a Gas Tax Credit Equal To Half Your Annual Expense Help You Out?

By Mike Farber

What If - You Could Take as a Tax Credit, off your final tax due, an amount equal to half of what you spent each year for gas??

If you are willing to help get this program created by getting the word out and emailing the President and your elected representatives, you and I and Millions of Americans who pay for their gas and file a tax return each year may be able to do just that!

Think about it: if you drive just 12,000 miles each year, get 25 miles to the gallon and pay $2.50 a gallon ... you spend right at $1,200 a year on gas. This means your gas Tax Credit could be $600. If, after doing all the math on your income tax return, your tax bill is $1,000 you would send in $400. That other $600 stays in your pocket as disposable, spendable money.

Now, multiply your situation by millions more, and you can see right away that we can literally pump $Billions back into the economy. We must do this! We must get the economy going again! Corporations can't do it alone - they need our individual purchases to get their inventory moving. Just look at what has happened to the biggest and the best of them in many industries.

Government can't do it because, unlike individuals and corporations, the government does not produce economic/consumer products. How many Big Brother Burgers n' Fry's Combo's did you buy last year from your local Big Brother Is Watching Burger stand? And how many Big Sister brand low hem dresses and square-toed shoes did you buy? You're a building contractor or sub-contractor? How many pounds of American Government brand steel nails and romex copper wiring did you buy last year? None. Zero. Zip.

In fact, the responsibility to get out of this mess rests squarely upon OUR shoulders; and this is rightfully where it should be. WE The People, are the Militia, and from Day One it has been the responsibility of Individuals just like You and Me to stand up and be counted. Just remember, no one individual can do it all; each of us, pulling together, can get the job done. Together we can help save our economy, and in the process, have extra money to spend each year.

Here's what YOU can do - in less than 10 minutes, and You Will Make A Difference! (but don't do it and it could be downright depressing): First: Add this site to your favorites (press Ctrl + D);

Second: Put a pencil to it and figure out Your annual gas expense and divide it by 2;

Third: Send emails to the President and your elected representatives, using Your figures, and ask them to visit this site and see it for themselves, and to support getting a Gas Tax Credit Program created - please remind them there is no extra cost to run the program as it is a tax credit (NOT a tax deduction - a Tax Credit) taken on the income tax form each year. The amount taken will be supported by each person keeping all of their gas receipts - each personally signed on the back - so there is a record of the amount if needed.

Fourth: Send emails to your personal and online friends, inviting them to visit too. Everyone is affected by the price of gas; everyone is invited to motivate our elected representatives to get on the bandwagon and get this (mutually beneficial) program on the books. Just remember: WE have the power of the vote. Did you realize that over 153 Million Form 1040 tax returns were filed in 2008. How many of those filers do you figure also drive their own car(s) and pay for their own gas? How Many Millions of them!

Multiply your own efforts by a factor of 250. How? Easy. Vista Print has a special offer of 250 business card for FREE. Click on the link and have some cards printed up, then distribute them throughout your local area. Here is your Vista link. You can also click on the Vista ad, below. NOTE: While the 250 cards are Free, Vista does charge $5.67 shipping. If you want that reimbursed, send an email to mike@mikefarber.com with vista as the subject. Include your name and address or PayPal address plus Order Number and purchase date. And if you would like to see how I created my 250 cards you can also click on this link and see my worksheet. Just follow the same process.

Associated Press June 11, 2009: American's net worth shrinks $1.33 Trillion in First Quarter By Jeannine Avera, AP Economic Writer: "WASHINGTON - American households lost $1.3 trillion of their wealth in the first three months of the year as the recession took a bite out of stock portfolios and dragged down home prices."

Look at that news item again. It's worth repeating:

A) We are in trouble B) There are 153 MILLION of us who can make a difference. And from what I read in that news article I figure we need everyone of us 153 million people to get to cracking on this program and get it into operation, NOW.

Here are links to our elected representatives. Please note that I have not included a pre-formatted email letter. You must send in your own email. The way I figure it, it's my ass on the line if we go under, so I sent in my letter, and guess what .. United We Stand, Divided We Fall. It's your ass on the line right along side mine. Better write that email like your life depended upon it! And do not forget to include your annual gas figures, and what you could do to help the economy if you had that extra $$$in your pocket. And tell it like it is! New iPod - Say So! Diapers for the kids or down payment on a car or a new HD Television -- SAY SO! Stand up and tell it like it is! THEY NEED TO HEAR IT FROM YOU. ONE EMAIL AT A TIME ... MILLIONS OF EMAILS! THEY WILL LISTEN AND THEY WILL GET THE JOB DONE.

President Barack Obama http://www.whitehouse.gov/contact/

Vice President Joe Biden e-mail: vice_president@whitehouse.gov

United State Senators http://www.senate.gov/general/contact_information/senators_cfm.cfm

United States House of Representatives http://www.house.gov/house/MemberWWW.shtml

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