◼ Friend, this is the fight we've been waiting for and I want you to send the lobbyists and the IRS a message that we will not be shut down -- they will! - Cynthia Canevaro, Executive Director, Americans for Fair Taxation
◼ What is the Fair Tax? FAQs - FairTax.Org
◼ How the Fair Tax works... - FairTax.Org
Showing posts with label Fair Tax. Show all posts
Showing posts with label Fair Tax. Show all posts
Friday, October 4, 2013
Tuesday, July 9, 2013
Wednesday, June 5, 2013
Fair Tax or Flat Tax?
◼ What has come to the fore... is a healthy competition between two credible, if not complementary, alternatives to America’s current tax system. That is, should we move to a Fair Tax or a Flat Tax? - Theo Caldwell/Daily Caller
First, the Fair Tax: There is legislative support for this approach, as the Fair Tax Act of 2013 works its way through Congress, sponsored by Rep. Rob Woodall of Georgia as H.R.25 in the House, and by Sen. Saxby Chambliss, also of Georgia, as S.122 in the Senate.
The gist of the plan is to phase out the IRS over three years, replacing income taxes with a sales tax on new goods and services, excluding necessities, of 23 percent. This figure is reached by combining the 15% income tax bracket with 7.65% employee payroll taxes, both of which would be eliminated. As to that last, fairtax.org stresses that its plan eliminates the payroll tax, and this is not an insignificant feature.
Many workers, particularly those with lower earnings, feel the bite of payroll taxes when they collect their paychecks, even if they do not end up with a federal income tax liability for the year. If we mean what we say about simplifying the tax code, then whatever system and rates we settle on ought to be straightforward and clear, and should account for whatever effect, if any, payroll and Social Security taxes will have on take-home wages.
A Flat Tax of, say, 10 percent should mean exactly that — not 10 percent, plus additional levies for retirees, unemployment, etc., that are not normally part of the income tax conversation.
If that can be accomplished, there is much to be said for the simplicity and transparency of a Flat Tax. Sen. Ted Cruz of Texas and The Heritage Foundation are among those calling for this approach. Americans spend billions of hours and hundreds of billions of dollars trying to comply with the country’s impossibly complex tax code. The opportunity cost to the productive economy is extraordinary....
First, the Fair Tax: There is legislative support for this approach, as the Fair Tax Act of 2013 works its way through Congress, sponsored by Rep. Rob Woodall of Georgia as H.R.25 in the House, and by Sen. Saxby Chambliss, also of Georgia, as S.122 in the Senate.
The gist of the plan is to phase out the IRS over three years, replacing income taxes with a sales tax on new goods and services, excluding necessities, of 23 percent. This figure is reached by combining the 15% income tax bracket with 7.65% employee payroll taxes, both of which would be eliminated. As to that last, fairtax.org stresses that its plan eliminates the payroll tax, and this is not an insignificant feature.
Many workers, particularly those with lower earnings, feel the bite of payroll taxes when they collect their paychecks, even if they do not end up with a federal income tax liability for the year. If we mean what we say about simplifying the tax code, then whatever system and rates we settle on ought to be straightforward and clear, and should account for whatever effect, if any, payroll and Social Security taxes will have on take-home wages.
A Flat Tax of, say, 10 percent should mean exactly that — not 10 percent, plus additional levies for retirees, unemployment, etc., that are not normally part of the income tax conversation.
If that can be accomplished, there is much to be said for the simplicity and transparency of a Flat Tax. Sen. Ted Cruz of Texas and The Heritage Foundation are among those calling for this approach. Americans spend billions of hours and hundreds of billions of dollars trying to comply with the country’s impossibly complex tax code. The opportunity cost to the productive economy is extraordinary....
Thursday, January 24, 2013
Chambliss Introduces FairTax Bill
Senator Saxby Chambliss introduced S 122, the FairTax legislation, into the Senate! He also sent out a great press release that is a one page summary of the FairTax
◼ http://www.fairtax.org/PDF/ChamblissPR-1.24.12.pdf
◼ FOLLOW FairTax.org on Facebook.
◼ FairTax.org
Labels:
Fair Tax,
Federal Legislation,
Saxby Chambliss,
Senate
Friday, December 30, 2011
What Congress Heard from Constituents in 2011:
◼ Top 50 Bills in Congress That Garnered the Most Messages to Congress - SF Gate
POPVOX releases list of bills that provoked the most messages from constituents to Congress in 2011. Robocalls to cell phones, consumption tax proposals, abortion restrictions, health reform repeal, and online intellectual property bills topped the list....
Topping the list of legislation was H.R. 3035, the Mobile Information Call Act, with over 10,000 people weighing in against the proposal. Given the large-scale opposition, the sponsor, Representative Lee Terry, pronounced the bill "dead" on December 17.
The "Fair Tax Act" took two spots in the top ten list, with the House version, H.R. 25, ranked second in popularity and the Senate version, S. 13, ranking ninth (both with 80% support.)
H.R. 2306 to end the federal prohibition of marijuana, H.R. 3 to prevent taxpayer funding of abortion, and H.R. 2, to repeal health reform, took third, fourth, and fifth places respectively. The much-discussed "Stop Online Piracy Act" (SOPA), H.R. 3261, ranked sixth in number of people who sent a message to Congress using POPVOX....
To view a list of the Top 50 bills and a slide show of the Top 10, ◼ visit POPVOX: www.popvox.com/blog/2011/what-congress-heard-in-2011/
POPVOX releases list of bills that provoked the most messages from constituents to Congress in 2011. Robocalls to cell phones, consumption tax proposals, abortion restrictions, health reform repeal, and online intellectual property bills topped the list....
Topping the list of legislation was H.R. 3035, the Mobile Information Call Act, with over 10,000 people weighing in against the proposal. Given the large-scale opposition, the sponsor, Representative Lee Terry, pronounced the bill "dead" on December 17.
The "Fair Tax Act" took two spots in the top ten list, with the House version, H.R. 25, ranked second in popularity and the Senate version, S. 13, ranking ninth (both with 80% support.)
H.R. 2306 to end the federal prohibition of marijuana, H.R. 3 to prevent taxpayer funding of abortion, and H.R. 2, to repeal health reform, took third, fourth, and fifth places respectively. The much-discussed "Stop Online Piracy Act" (SOPA), H.R. 3261, ranked sixth in number of people who sent a message to Congress using POPVOX....
To view a list of the Top 50 bills and a slide show of the Top 10, ◼ visit POPVOX: www.popvox.com/blog/2011/what-congress-heard-in-2011/
Labels:
Congress,
Fair Tax,
Federal Legislation,
SOPA
Thursday, December 1, 2011
Sign up for The December FairTax Webinar
With Special Topic: The FairTax Effect on Education
When: Thursday, December 22, 2011
Time: 8 pm Eastern, 7 pm Central, 6 pm Mountain, 5 pm Pacific
Where: At your personal computer anywhere!
Why: To provide an interactive forum for people who cannot get to local meetings to learn about the FairTax and to present special topics that are frequently misunderstood or not generally discussed.
Who: Join Marc Manieri, Americans for Fair Taxation Community Coordinator in the Greater Orlando, Florida area. In their third year now, Marc’s webinars draw national participation from seasoned FairTax supporters as well as those just getting introduced to the FairTax.
Join: To participate, ◼ register here.
For more information contact Larry Walters at repeal_16@earthlink.net
When: Thursday, December 22, 2011
Time: 8 pm Eastern, 7 pm Central, 6 pm Mountain, 5 pm Pacific
Where: At your personal computer anywhere!
Why: To provide an interactive forum for people who cannot get to local meetings to learn about the FairTax and to present special topics that are frequently misunderstood or not generally discussed.
Who: Join Marc Manieri, Americans for Fair Taxation Community Coordinator in the Greater Orlando, Florida area. In their third year now, Marc’s webinars draw national participation from seasoned FairTax supporters as well as those just getting introduced to the FairTax.
Join: To participate, ◼ register here.
For more information contact Larry Walters at repeal_16@earthlink.net
Tuesday, September 13, 2011
Update: Fair Tax efforts in California
We just got our 4th California Fair Tax Co-sponsor - Congressman Jerry Lewis CA-41! This makes a total of 64 co-sponsors on the bill. While we still have a lot of work to do, we are making progress!
We're getting more organized in California. We've added several new Fair Tax Community Coordinators and District Directors and are reaching out to the Tea Party Patriots, Political Groups, Tax Payers' Associations and everyone else who will have us. I find that most people still don't know about the Fair Tax and often confuse it with a "Flat Tax". We're still very much in an education mode and building the Fair Tax base.
We also have a weekly "Fair Tax Time" radio show hosted by former CA State Director John Nobles. You can listen to the show on Blog Talk Radio from the following link: http://www.blogtalkradio.com/fairtax4ca
Call in number to listen and / or participate is: (619) 393-6478
Jim Donnell
New Volunteer Fair Tax State Director for California
noirs@fairtax4ca.org
◼ Fair Tax
We're getting more organized in California. We've added several new Fair Tax Community Coordinators and District Directors and are reaching out to the Tea Party Patriots, Political Groups, Tax Payers' Associations and everyone else who will have us. I find that most people still don't know about the Fair Tax and often confuse it with a "Flat Tax". We're still very much in an education mode and building the Fair Tax base.
We also have a weekly "Fair Tax Time" radio show hosted by former CA State Director John Nobles. You can listen to the show on Blog Talk Radio from the following link: http://www.blogtalkradio.com/fairtax4ca
Call in number to listen and / or participate is: (619) 393-6478
Jim Donnell
New Volunteer Fair Tax State Director for California
noirs@fairtax4ca.org
◼ Fair Tax
Labels:
California,
Fair Tax
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