Free Republic

U.S. Rep. Chaka Fattah, D-Pa., has proposed a plan for eliminating the multi-trillion-dollar national debt: Tax everything. Earlier this year, Fattah introduced H.R. 4646, the "Debt Free America Act," which would impose a massive new tax for a period of seven years, while the national debt is being paid off. And once the debt is paid, the bill would eliminate the individual income tax, supplanting it with the new, "transaction" tax instead. Specifically, H.R. 4646 would levy a 1-percent tax on every transaction of any kind that uses check, cash or credit cards (with a path in place for also...

"This is a classic example of a bait and switch." - Senator Kay Bailey Hutchison WASHINGTON, D.C. - In an effort to stem billions of dollars in tax increases that would begin in several weeks and to improve transparency in the health care debate, U.S. Senator Kay Bailey Hutchison (R-TX) today introduced a motion with U.S. Senator John Thune (R-SD) that would send the government-run health care legislation back to the Senate Finance Committee with instructions that no taxes or fees be imposed on American families and businesses until the supposed benefits of the bill have begun. http://www.wilsoncountynews.com/article.php?id=25470&n=top-stories-hutchison-introduces-motion-to-send-health-care-bill-back-to-committee

Alternative energy researchers are hoping that California voters get a chance to act on their rage against oil companies at the ballot box in November--and alternative energy companies are pointing to the initiative as the boost needed to get the industry off the ground. However, critics of a new initiative effort say the main beneficiaries would be the venture capitalists behind the campaign. The group Californians for Clean Alternative Energy is gathering signatures to place an initiative on the November ballot that would impose a tax on oil production in California. The Clean Alternative Energy Act would place a tax...