Free Republic

A bipartisan group of lawmakers is proposing to raise about $10 billion a year to fix aging water and sewer systems by taxing the biggest users. The legislation, which has sparked significant opposition from industry, is expected to be unveiled Wednesday at a news conference on Capitol Hill. The bill calls for a 0.15% tax on any corporation earning a profit of more than $4 million a year. Manufacturers of any water-based beverages, excluding alcohol, would see a four-cent tax per container. Soaps, detergents, toiletries, toilet tissue, water softeners and cooking oils would face a 3% tax on wholesale prices....

On Tuesday night, March 17th, Iowa Congressman Steve King is going to host a "Special Order" on the floor of the House of Representatives on the FairTax! For one full hour Members of Congress will discuss the FairTax and how our legislation can save the US economy.Our current economic crisis will not be solved through tax increases or massive government spending. In these tough times, we need an innovative solution on Capitol Hill: the FairTax. The FairTax is the best and most effective way to encourage business growth and positive, long-term economic performance. Enacting the FairTax would usher in a...

In a piece published on January 9th for Townhall, economics writer Jerry Bowyer posed some common questions about the FairTax. The FairTax would replace personal income taxes, payroll taxes, capital gains taxes, corporate income taxes, and the death tax with a national retail sales tax. The FairTax has become a prominent subject for discussion as Mike Huckabee, its leading advocate among the presidential candidates, has risen to the top of the national polls. In politics, as in life, “context” (which could also be called, “basic point of view” or “the framing of the issue”) trumps “content” (in this case, the...

Op-Ed: Protect Social Security Now With a Federal Retail Sales Tax 3/10/2004 5:51:00 PM -------------------------------------------------------------------------------- To: National Desk Contact: Melissa McKay of the Office of Rep. Steve King, 202-225-2246; Genie Hayes of Americans for Fair Taxation, 800-324-7829 ext. 137 WASHINGTON, March 10 /U.S. Newswire/ -- The following op-ed was released today by Steve King (R-IA), a co-sponsor of HR 25, the FairTax: Federal Reserve Chairman Alan Greenspan recently suggested cutting Social Security and Medicare benefits in order to keep these government programs solvent. There is a better way to keep Social Security and Medicare solvent, yet still provide the...