Keyword: hr25
-
A Battlefield for Tax Reform There are a few significant battlefields in the war for tax reform. One of them is Free Republic. What makes the Free Republic battlefield significant is that the debate is at the cutting edge. The debate on Free Republic is the most current and most knowledgeable. It is a year ahead of other significant battlefields (radio talk shows, political town-hall meetings, conversations among neighbors and coworkers.) The trend on Free Republic with respect to tax reform is going to show up in the real world. Free Republic is a tiny segment of the world, albeit...
-
FAIRTAX CALCULATOR www.fairtaxcalculator.org Do you have questions on what FairTax will cost your family? Have doubts about it's progressiveness? Worried it will place an unfair burden on the poor, the middle class, the young or the seniors? Time to put the hype aside and stop listening to all the spin. Why not just find out exactly what FairTax will mean to your own personal bottom line? It's easy. Just go to the FairTax Calculator, input your gross income. Approximate your 8 "fair tax deductions" which represent your yearly tax free spending. Give your family size to determine your "monthly prebate"....
-
I consider myself to be fairly liberal on most issues. So some of you might be surprised that I am about to take a position that’s usually the providence of hardcore conservatives. I support HR25—the Fair Tax Act of 2005. Yeah. The one that would replace virtually the entire tax system with a 23% sales tax. I read about it most recently in an unnecessarily hostile editorial by Matthew Holmes. Truth be told, his article did nothing to convince me that the tax is a good thing. But it convinced me to wade through the full text of the legislation,...
-
About the Petition: It contains more than 55,000 pages … It is so complex that even those who wrote it don’t fully understand it. The “it” is the federal tax code, and more and more Americans are demanding that the time has come to abolish the IRS in favor of a “Fair Tax” system.
-
May 1, 2006 – Legalized Invasion Day Hundreds of thousands, perhaps millions of people filled the streets across this country yesterday in protest of an immigration reform bill currently being tossed around in the United States House of Representatives. A similar bill is currently being debated in the US Senate. These rallies were organized by several American groups to show support of illegal aliens wanting to invade the United States, to take advantage of social services provided courtesy of the American citizenry, more specifically, the American tax payer. It is becoming more and more evident what will end up happening...
-
American Constitutional Research Service The Fair Tax: attacks federalism, promotes democracy! It’s absolutely amazing that our Republican Party leaders and many political action groups, when it comes to factual information concerning taxation, “conservatism” and “tax reform“, are suspiciously silent to an important provision of our Constitution which the Founding Fathers agreed upon to provide protection against mob rule vote [democracy], a poison which now works to allow the spending of federal revenue without a proportional obligation in filling our national treasury. Republicans and political action groups who support H.R. 25 and promote it as being “conservative tax reform“ ignore how...
-
The Fair Tax Act of 2005 – HR 25/S 25 plain English summary The Act is called the “Fair Tax Act of 2005.” As of Dec. 31, 2006, it repeals all income taxes and payroll taxes, specifically: *The individual income tax (including capital gains taxes and the alternative minimum tax) *The corporate income tax *All individual and employer payroll taxes including Social Security, Medicare and federal unemployment taxes *The self-employment tax (a self employed person pays both the individual and the employer portions of Social Security and Medicare taxes) *The estate and gift tax Effective January 1, 2007 it replaces...
-
Compare the FairTax, the Flat Tax and the Income Tax 16th Amendment Current Income Tax: No Change. Flat Tax: No Change. FairTax: Proposes repeal. Complexity Current Income Tax: Very complex. 20,000 pages of regulations. IRS incorrect over half of the time. Flat Tax: Witholding continues. Individuals and businesses must still track income and file income tax forms. FairTax: Individuals do not file. Businesses need only to deal with sales tax returns. Congressional Action Current Income Tax: Used by lobbyists and the wealthy for tax breaks and loopholes. Used by bureaucrats for social engineering. Flat Tax: Has some problems, but is...
-
A "thanks" from John Linder ...
-
TAX REFORM COMMISSION? YEAH ... RIGHT. The president's so-called tax reform commission telegraphed its intentions several months ago when members stated that they were not going to recommend a full reform of our federal tax system, rather they were going to recommend some incremental reforms. The The FairTax Book hit the book stores and debuted at No. 1 on the New York Times Bestseller's list. Politicians and other Beltway denizens told co-author Congressman John Linder that the success of The FairTax Book was a certain indication that the people of this country were in the mood for wholesale reform. Who...
-
-
A change in a tax affects that area of the economy . . . and beyond. Taxes hurt whatever is taxed. Income taxes hurt income (production). Sales taxes hurt sales (consumption). Higher rates have higher effects. After having read "The FairTax Book: Saying Goodbye to the Income Tax and the IRS" by Neal Boortz and Congressman John Linder, I realized that the 'FairTax' proposed by Boortz and Linder would change EVERYTHING. The 'FairTax' is not tax reform, it is tax upheaval. Since it taxes consumption instead of income, consumption WILL fall, and incomes WILL rise. All of the incentives (and...
-
August 24, 2005 U.S. Representative John Linder 1026 Longworth House Office Building Washington, DC 20515 Phone: 770-232-3005 Fax: 770-232-2909 Copy: Neal Boortz, WSB Radio, Dr. Dale Jorgenson, Harvard University Dear Representative Linder: I wrote to you two days ago regarding what I consider to be serious misrepresentations of the Fair Tax plan contained in your book, “The FairTax Book”. On page 2, you state “Let’s agree up front that this book is about honesty” and I intend to hold you at your word. Since that time, I have been in contact with Dr. Jorgenson in an attempt to clarify his...
-
FAIRTAX UPDATE There is no doubt that the story of H.R. 25, the FairTax, has been pushed into the background by the Katrina disaster, and perhaps that is as it should be. When hundreds of thousands of people are suffering as they are in the aftermath of Katrina, that is the story. The FairTax is, however, still on the minds of the political class in Washington DC. Congressman Linder tells me that the Republican leadership is more than impressed with the success of The FairTax Book. They have been receiving a steady stream of phone calls, emails, faxes ... and...
-
bureau's take on: The Fair Tax Bill, Newt in 2008? More....
-
Dear Editor, I've just read a new best-seller, which I highly recommend to you and your readers: "The Fair Tax Book, Saying Goodbye to the Income Tax and the IRS." The co-authors are "reformed lawyer" and syndicated talk show host Neal Boortz, and Congressman John Linder, R-Ga. Linder is also the principal author/sponsor of The Fair Tax Bill (H.R. 25), currently before Congress. In the interest of brevity (the book is only 180 pages, by the way), I'll quote from the back of the dust jacket. "What the Fair Tax will do for America: eliminate the income tax and the...
-
NEW YORK (Money magazine) - If you don't care much for talk radio, or you don't live in the South, the name Neal Boortz might not ring a bell. But pay attention: Around 4 million people nationwide catch his radio show. It's No. 1 in Boortz's home market of Atlanta and ranks first or second in numerous smaller cities in red states. His 180-page polemic for radical tax reform, The FairTax Book, made its debut at No. 1 on the New York Times' bestseller list in August. When Boortz came to Jacksonville for a book signing at a downtown hotel...
-
THE FAIRTAX --- STRAIGHTENING OUT SOME CONFUSION When Congressman Linder and I were busy researching and writing The FairTax Book we knew full well that it would one day become the focal point for those opposed to this tax reform idea. We tried, therefore, to make sure that our numbers and claims were correct and consistent with the research that went into the drafting of HR 25. On review, and after reading the critiques of opponents to the FairTax plan, we have concluded that there is one element of the FairTax that could have been present with more clarity in...
-
I am trying to get signatures for my Fair Tax petition. You can take part in this revolutionary legislation by electronically signing the petition at: MarkBureau.us Your signature is greatly appreciated.
-
While I am not an advocate of taxes, I am an advocate of tax reform, and getting rid of the IRS. The Fair Tax would do this. The groundwork has already been laid for the bill, and the debate, but nothing will be done without the voice of the people. Take a look at the Fair Tax petition at http://www.markbureau.us/index.cfm?action=fairtax and help support the movement by electronically signing it. No personal information is collected, just a record of supporters in digital signatures.
-
I have a few questions for the FairTax experts to answer! Beyond section 1 of HR25, where it repeals the existing Income Tax legislation, after reading further into the bill...
-
While I am not an advocate of taxes, I am an advocate of tax reform, and getting rid of the IRS. The Fair Tax would do this. The groundwork has already been laid for the bill, and the debate, but nothing will be done without the voice of the people. Take a look at the Fair Tax petition at www.markbureau.us, and help support the movement by electronically signing it. No personal information is collected, just a record of supporters in digital signatures. If we can get 2 million signatures, we will be on the way.
-
More From The Mississippi Press OPINION Fair Tax offers more freedom, more wealth Tuesday, August 02, 2005 Please do this experiment with me. Take a look at your last week's pay stub. See that nice big figure on top? O.K. I know it's customary to complain about salaries. See that relatively nice big figure on top? Now look at all the figures below that start eating away at your pay, leaving you with the hungry little number at the bottom. Draw a line through all those pay-stealing numbers and circle your gross pay in red. That's the amount you would...
-
I know you're tempted not to read this article. I know this because there is nothing (except maybe an all-night marathon of Al Gore documentaries) more mind-numbingly boring than reading an article about taxes. Since my column on taxes is not competing as an alternative to "The Internet, Al Gore, & You," I must instead resort to begging each of you to indulge me for a brief moment of your time. I always thought that only grumpy old men cared about taxes. I vividly remember many days during my childhood, watching my Dad—normally as cool as a cucumber—emerge red-faced from...
-
IT'S YOUR PAYCHECK - KEEP IT ALL FAIRTAX CALCULATOR HR25/S25 Now that April 15 is past, it's time to tally up the tax score. Go to the FairTax calculator, http://www.pafairtax.org/calc.php and using 2004 figures, figure out (anonymously) what you would have spent in 2004 in taxes if we had the FairTax, the simple, honest, and progressive national retail sales tax, instead of our current complex income tax/FICA tax system. TOTAL INCOME TAX + TOTAL FICA = TOTAL FAIRTAX : For your household, please remember to make an honest and accurate comparison. FairTax will fund social security and medicare with 1/3...
-
It is a rare thing when the American people can get excited about a piece of federal legislation that involves taxes. Normally, our elected officials are trying very hard to figure out how to sugarcoat yet another tax increase so they can supplement their habit of funding things like museums for ground hogs and rodeos and tropical biospheres in the farm belt. But a bill sponsored by US Representative John Linder offers a “once in a lifetime” opportunity for our lawmakers to not only do what is right by the American people, but do something that makes them look good...
-
Rep. John Linder reintroduces legislation to overhaul federal system Posted: April 13, 2005 1:00 a.m. Eastern © 2005 WorldNetDaily.com A federal bill that would do away with federal income tax and replace it with a national sales tax has been introduced again in the House of Representative after the same bill failed to get committee consideration in the last Congress. The bill, H.R. 25, is sponsored by Rep. John Linder, R-Ga. Dubbed the "FairTax" proposal, the bill "will repeal all corporate and individual income taxes, payroll taxes, self-employment taxes, capital gains taxes, estate taxes and gift taxes – and replace...
-
A federal bill that would do away with federal income tax and replace it with a national sales tax has been introduced again in the House of Representative after the same bill failed to get committee consideration in the last Congress. The bill, H.R. 25, is sponsored by Rep. John Linder, R-Ga. Dubbed the "FairTax" proposal, the bill "will repeal all corporate and individual income taxes, payroll taxes, self-employment taxes, capital gains taxes, estate taxes and gift taxes – and replace it with a revenue-neutral personal consumption tax," according to the congressman's website.
-
PRICES UNDER FAIRTAX WILL NOT GO UP - JUST THE OPPOSITE Within months of the start of FairTax you will see your cost at the register WITH your tax the same or lower than the cost today without the tax...here's how.... EXAMPLE: ACME TIE MANUFACTURING CO.- $20 tie - $5 profit margin Today's Economy -$20 price of tie at purchase - no "visible" federal tax Acme's price formula for a $5 profit margin on the sale (today under income tax): $2 material $8 labor $5 IRS tax compliance costs of 25% Acme pays and passes on to consumer $5 profit...
-
What will Federal taxes cost your family under the FairTax Plan? Calculate your NET effective annual FairTax dollar cost and rate after all your FairTax deductions are taken. http://www.pafairtax.org/calc.php
-
The FairTax is the non-partisan national sales tax proposal that would replace all federal income taxes. These include personal, estate, gift, self-employment, alternative minimum, capital gains, FICA, and corporate and death taxes.
-
In our current tax system (a graduated income tax) not everyone pays in a manner that is neutral.
-
Two weeks ago a man stood up at a George Bush campaign appearance in Florida to ask about a piece of legislation known as HR25. Many, including myself, were pleased to hear Bush respond with some positive thoughts about the Fair Tax plan, a movement to replace the federal income tax with a national retail sales tax. Washington is a city of inertia, and right now the inertia belongs to our present method of funding the operations of our government, the income tax. Politicians will not easily surrender a funding mechanism that lends itself so well to political demagoguery and...
-
Fair Tax talk taking place now. Hear online at www.1290whio.com!
-
OPINION -- As our good friend Alan Greenspan has stated recently in testimony before Congress, "Capital does not pay taxes." People do. Under the FairTax Bill HR 25/S1493, we terminate the sham of corporate taxes. Most people believe we instituted corporate income taxes to reduce the tax burden elsewhere - particularly on low-income/fixed-income Americans - and to ensure that our corporate citizens pay their fair share for the economic opportunities our great country offers. Unfortunately even a modest study of the history of taxation will quickly demonstrate that no corporation (or other similar corporate structure) in the recorded history of...
-
H.R.25 Title: To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States. Sponsor: Rep Linder, John [GA-7] (introduced 1/7/2003) Cosponsors: 42 Latest Major Action: 1/7/2003 Referred to House committee. Status: Referred to the House Committee on Ways and Means.
-
It's in the hopper. In the last Congress, the number was HR2525. This time, it's HR25. When I speak of HR25 on my show, the residual phone calls continue for days. When I talk up HR25 during a banquet speech, the deserts remain uneaten. HR25 is called the Fair Tax Act of 2003, and its stated purpose is "To promote freedom, fairness and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the states. I've been studying and promoting this idea for nearly...
-
We can do better than this 8 million-word mess By HERMAN CAIN Our tax code is an 8 million-word mess. It's beyond any type of reform and is unfair to every American. We are reminded of this every time we receive a paycheck. But change may be coming since President Bush suggested in his annual economic report to Congress that it may finally be time to replace the income tax with a consumption tax. By eliminating the complexity and the thousands of arcane preferences in today's tax code, the report says, a consumption tax would not only increase efficiency but...
|
|
|