Saturday, July 29, 2006

Taxes in America........

One of my pet peeves the last year has been the lack of progress in three areas by our current White House. They are, tax reform, social security and immigration.

All are going to be an immense crisis someday. When, who knows? They aren't important enough today to do anything. My bitch isn't with how much tax we pay. My beef is with how we pay it and on what. The savings rate in our country is going the way of the passenger pigeon. We need to change our tax structure, which penalizes savings and investment. If you're lucky enough to have a job, you pay taxes on the money you earn. If you then put some money away for a rainy day or invest it with Chippewa Partners you are taxed again on the dividends and interest. And when we sell your investment with a profit you pay taxes a third time. The rest of the world doesn't do it that way. They encourage savings and investment. They tax consumption. We do just the opposite. We encourage consumption and we tax savings. We need a flat tax now more than ever.

We should also change our election dates from November to April 15th. Politicians should be selected at the same time we pay them.

Check out www.fairtax.org ...........Boortz has the right idea going.

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Native American Advisors CHIPPEWA PARTNERS

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CHIPPEWA PARTNERS, Native American Advisors, Inc. is a Registered Investment Advisor, founded by Dean Thomas Parisian in 1995. The firm is a manager to an exclusive clientele and is closed to new clients. As a Registered Investment Advisor, our expertise developed over 35 years balances experience, integrity and tremendous work ethic. Dean Parisian is a member at the White Earth Reservation of the Minnesota Chippewa Tribe, a former NYSE and FINRA arbitrator and trader who began his career with Kidder Peabody and later worked for Drexel Burnham Lambert in LaJolla, CA. His philanthropic interest is in Native American education and he's endowed a significant scholarship for Native Americans at the University of Minnesota. His greatest accomplishment includes raising two sons and 26 years of marriage. The Parisian family enjoys outdoor pursuits at Pamelot, their farm in Tennessee and at the Ghost Ranch, their ranch on the Yellowstone River in Montana. For media requests contact the firm via email: ChippewaPartners (at) gmail dot com, on Twitter: @DeanParisian. Global 404-202-8173