Financial Advisor, Gail Clark, of Edward Jones Investments is proud to be the May Business of the Month on Mountain Talk 97!

Edward Jones is a different kind of investment firm. To them, face time and thinktime make sense. They meet with you to learn your individual needs so they can develop a strategy to help you achieve your long-term financial goals. So, whether you want to plan for retirement, save for college, reduce your tax bills or ensure you income to cover your expenses, you can expect personalized service and long-term investing strategies instead of the latest investment fads. Join the nearly 7 million investors who know. Contact Gail Clark today at 508-8118 to help develop an investment strategy that makes sense for you. Her office is located at 1006 Highway 62 East, (Cardinal and Hwy 62 in the old Thompson Insurance Bldg.) For more contact Information

Join us in saluting Gail Clark, Edward Jones Financial Advisor, proud supporter of Mountain Talk, and our May Business of the Month!

The real I.R.S Scandal is that they are granting tax exempt status to political organizations in the first place. The real scandal is that 100,000 I.R.S. agents are enforcing a four million word tax code that is unfair, overly complicated and impossible to understand. The real scandal is that in a country whose government supposedly represents the interests of its citizens, an agency that is universally hated and feared, exists at all.

When Ronald Reagan said that freedom is never more than one generation from extinction, this is what he was talking about. If you think the I.R.S. is abusive now, wait until next year when they begin to enforce Obama Care. Our pay checks will have a new deduction, our employers will have a new tax, and our 2014 tax returns will include fines or payments to fund Obama Care and will require information that should stay between us and our doctors.

The consistently overly optimistic Congressional Budget Office estimates the collapse date for Social Security and Medicare at 2033. Now we are adding Obama Care to the growing budgets of those programs, and they are all paid for with payroll taxes. Wages and workforce participation are decreasing. The small businesses that have created ninety percent of the jobs in this country for over two hundred years are going out of business because hiring an employee cost double his wages. Right now the plan is for a shrinking pool of workers to pay for a massively increasing government bureaucracy.

There is only one tax reform proposal that eliminates payroll taxes and the I.R.S. The Fair Tax Act of 2013 would bring in the same amount of revenue as our current income and payroll tax system by taxing everyone at the lowest current income tax bracket (15%) plus the employee’s half of the current payroll tax (7.65%), both of which would be replaced with a 23% national sales tax. Legal residents would receive a tax refund in advance, at the beginning of each month so that purchases up to the poverty level would be tax free. The I.R.S would be replaced by the taxpayer who would take home his entire salary and pay taxes only when he decides to purchase new goods and services beyond the necessities exempted by the pre-bate.

There would be no more complicated tax forms, no more audits, and no more special deals for the powerful. There would be no more incentive for special interest groups to spend billions lobbying Congress for selective tax breaks. There would be no tax exempt political organizations and little need for them. The Fair Tax would expand the pool of taxpayers to include everybody, regardless of how or where they earned their money as they spend it. Even bank robbers would pay taxes.

The trillions of dollars sitting in the bank accounts of people like Warren Buffet and Mitt Romney, that are not taxed under the current system would be taxed as they spend it. The trillions in corporate profits that are currently sitting off shore avoiding U.S. taxes, would come home and be taxed as it is spent. Business would thrive without payroll taxes. Employment would increase and that would reduce the need for social programs. The Fair Tax is not perfect because nothing is, but it’s a hell of a lot better than watching our country go down the tubes because we are afraid to try.

Dan Fragoules
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Join Dale for a daily prayer at the beginning of Down on the Corner each weekday morning at 7:06.  We are proud to open our local programming with a prayer, as we recall 2 Chronicles 7:14, "if my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then I will hear from heaven, and I will forgive their sin and will heal their land."

Special thanks to Baxter County Right to Life for providing the airtime each day for the morning prayer. 

Mountain Talk 97 and www.mountaintalk97.com are proud to help promote community events throughout our coverage area! 

Be sure to check out the Community Calendar page to find out what's happening around North Central Arkansas.

You can even list your organization's event on the community calendar, which also airs on Mountain Talk 97 and Mountain Country 94 four times a day at 6:20am, 10:20am, 2:20pm, and 6:20pm.

Click here to submit your community event.