Subject: WSJ article on Tax Panel, Oct.12 Comment: Dear Tax Panel, I read today's article in the Wall Street Journal, page B2, titled "Bush Tax Panel Targets Mortgages". I was surprised to read in paragraph 4 that the panel feels that a national retail sales tax are too complicated to put into practice. Please acknowledge whether the entire pane has read the book The Fair Tax. If I do not get a response from you I will take it that you have not. I encourage you to read it. Personally, I am tired of the segment of our society that do not pay their fair share of taxes. These are the criminals and illegals who would still not pay any taxes under a Flat tax....because they do not file tax returns. The reason for the proliferation in new "stated income" and no income verification" mortgage loan products offered by Fannie Mae, Freddie Mac and others are because people hide their income. A national sales tax is the only way to get these people to pay their fair share. Eliminating the IRS and having the "inclusive' national sales tax collected by state comptrollers (who are already collecting state sales taxes) is a bonus. Just my opinion. However, everyone of my colleagues who first favored a flat tax have switched to favoring the national sales tax after being educated by the The Fair Tax book. Hopefully you will be too. Thank you. Ben A. Vogler President, Signature Mortgage, LLC Past President, Texas Assoc. of Mortgage Brokers 13231 Champion Forest Dr. Suite 412 Houston, Texas 77069 281-893-6463 281-893-8380 fax email: Ben.Vogler@SignatureMortgage.com website: www.SignatureMortgage.com APPLICATION/LOCK NOTICE: Official Loan Application is not considered made until the appropriate application fee is paid and received by Signature Mortgage. Interest rates cannot be locked until official loan application is made. Interest rate locks must be made in writing using Signature Mortgage Loan Registration and Resubmission form number 1001. Locks must be requested in writing, signed by the Borrower(s) and Loan Officer by 4:00 pm of the day signed to be valid. Otherwise, the lock will be based on the interest rate, price and fees of the next business day. CONFIDENTIALITY NOTICE: This communication is intended only for the use of the individual or entity to which it is addressed and may contain information that is privileged, confidential, and exempt from disclosure under applicable law. If you are not the intended recipient, you are notified that any use, dissemination, forwarding, distribution, or copying of communication is strictly prohibited. Please notify the sender immediately by email if you have received this by mistake and delete this email from your system. |