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WASHINGTON, DC, Feb 12 – “We’re not giving up on our efforts to eliminate the unfair income tax on Social Security benefits. The Senior Citizens Tax Elimination Act is being reintroduced and the Association of Mature American Citizens [AMAC] will be doing what it takes to encourage lawmakers to support the measure,” says Bob Carlstrom, president of AMAC Action, the association’s senior advocacy affiliate. The original Social Security and tier 1 railroad retirement benefits were specifically exempted from income taxes when they were created in the mid 1930s. “After all, workers pay for them with taxes that are taken out...

July 1 might go down in history as the beginning of the end of the comprehensive, progressive income tax. A progressive income tax, in which the government attempts to tax all labor income and capital income, such as interest, dividends and capital gains more than once, cannot help becoming so complex that it eventually dies of its own weight. This is particularly true when the government attempts to tax the worldwide income of its “tax persons” rather than the income located in its own territory. The complexity is caused by the never-ending attempt to define what income is and what...

Everyone with me sends you greetings. Greet those who LOVE us in the faith. Grace be with you all. Titus 3:15 The establishments of both Parties hate the Cain 9-9-9 plan so it must be a great program and it is. The main benefit of this plan is the elimination of the IRS which will turn tax preparation into a breeze. There will essentially be one deduction for most people which will be for charity and all others will be eliminated and then taxed at 9%. The IRS is the primary institution in the District of Corruption that enslaves the...

Topic: Globalism The Texas Department of Transportation (TxDOT) is planning on building a new super highway system called the Trans-Texas Corridor (TTC). The Trans-Texas Corridor will not be just another interstate and will it will be used by more than just automobiles. It will include 10 lanes for traffic, two high speed rail tracks, four standard rail tracks, utility lines, oil pipelines, and gas pipelines. The Trans-Texas Corridor will consist of many corridors segments that are 1,200 feet wide, with each mile consuming 146 acres of land. This land is currently ranch and farm land that is being taken by...

A report left out of the public spotlight for more than six months reveals that officials at the Texas Department of Transportation want to toll interstate highways and shelter private investors from paying income taxes on toll revenue. On Feb. 28, Texas transportation officials submitted the report to the 110th Congress entitled “Forward Momentum.” The report did not attract much attention at the time. State lawmakers have only recently begun to speak out about it. Texas state Sen. John Carona, R-Dallas, called the recommendations a form of double taxation, according to The Associated Press. In the report, TxDOT urges federal...

The Double Taxation Problem of Inclusionary Housing in a 'Push-Down/Pop-Up' World The Pasadena Pundit - July 27, 2007 A whole new paradigm for understanding affordable housing and homelessness in the greater Los Angeles area is needed rather than the distorted welfare-economic model propagated widely in the local media by such low income and inclusionary housing advocates as Dr. Peter Dreier, and former Mayor of Pasadena now Ventura City Manager and self-anoinited urbanologist, Rick Cole - See here: On Peter Dreier - see here: http://www.commondreams.org/views05/0703-23.htm On Rick Cole - see here: http://www.latimes.com/news/opinion/la-oe-cole23jul23,0,552998.story?coll=la-opinion-rightrail Historically, flophouses and cheap motels and hotels once served...

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,...

I. Double Taxation Without Accountability Regional mobility authorites (RMAs) are not directly accountable to the people of Texas. No voter approval is required for their creation; no voter approval is required for the selection of their board members or staff; no voter approval is required for the selection and funding of their toll projects; nor is voter approval required for “conversion,” as it is called in transportation planner’s language.[6] Comptroller Strayhorn has repeatedly said, “the redesignation as toll roads of roads already constructed, under construction or funded through traditional means, such as the gasoline tax, is double taxation.” Travis and...

Globalization is sending tax rates tumbling across the world, as jobs and capital migrate across borders in search of lower and more equitable taxation regimes. That makes it all the more imperative not only to roll back the recent tax increases on U.S. expatriates, but to eliminate double-taxation of overseas Americans altogether. Thankfully, there's a new bill in front of the U.S. Congress to do just that. The U.S. is one of only a handful of countries that insists on applying an onerous system of "world-wide taxation." Since U.S. citizens living overseas are already, in most cases, paying local taxes...

How many times have we heard liberals exhorting America to act like the rest of the world? For literally decades, the denizens of the left have been badgering us to adopt socialized medicine, abolish capital punishment, and support other "progressive" measures so we can appear more "enlightened" to their friends in Old Europe and other lovely places. Never mind that their ideas are anything but progressive, particularly if by "progressive" we mean the achievement of actual progress. Hyper-progressive France, for instance, has had double-digit unemployment for most of the past quarter century, even with a 35-hour work week; its youth...

If U.S. Rep. John Linder (R-Ga.) has his way, April 15 will no longer be a dreaded day on the calendar; the only Americans paying taxes on that day would be those who go shopping. That's because Mr. Linder wants to replace the current federal income tax system (personal taxes, payroll taxes, corporate taxes, all of it) with a 23 percent national sales tax. The tax would be collected at the point of sale for new goods and services, and it would appear on every retail receipt. Each American would choose how much he pays in taxes by deciding how...

A friend who works for the Service Employees International Union called the other day to alert me to a Web site her union has launched with the intriguing name SinceSlicedBread.com. The union, which broke away from the AFL-CIO in July to pursue its own liberal agenda, has invited the public to submit ideas for policy innovations that might fuel productive political debate. As this column was being written, the Web site had logged 9,053 entries. After Dec. 5, a panel of judges will pick 21 finalists and the public will be invited to vote on the one it likes best....

I'll trust that anyone reading this blog is well-read enough not to need a primer in why repealing the Estate Tax in the face of massive deficits is not the height of sound policymaking. For your delight and amusement I will, instead, offer some thoughts out of season. Taxing estates doesn't really seem like a great plan. If I die with a $10 million estate and want to give $5 to 2 million different people, there doesn't seem to me to be a good reason why the estate should be taxed. Better to tax inheritance since the actual concern is...

Posted on Tue, May. 13, 2003 Tax cuts would rev sluggish economyBy E. THOMAS McCLANAHANThe Kansas City Star Right now, the economy is carrying an unusually large burden of risk and uncertainty. We face a continuing terrorist threat, flabby export markets and lagging business investment. More ominously, some recent trends in retail sales hint that even consumer spending may be decelerating; even Wal-Mart's most recent sales numbers were lower than expected.A sizable tax cut is precisely what the economy needs, but Congress has been debating how much President Bush's proposed cuts should be reduced. In other words, the debate...

WASHINGTON (Dow Jones)--Treasury Secretary John Snow on Tuesday vowed a "full-court press" for President George W. Bush's new tax cut plan. He also predicted U.S. shareholders will become strong allies for the $695 billion tax cut once they understand its benefits. "We build a bigger and bigger base of support for this proposal as it gets understood and shareholders learn what it means for them," Snow told reporters in his first press conference as Treasury secretary. Snow said the U.S. needs fiscal restraint to control deficits, but said he believes the forecast deficits are manageable in the context of the...

HERE IS TODAY'S CLYMER NEWS NETWORK ONLINE POLL...THE 'RATS HAVE OBVIOUSLY GOTTEN A HOLD OF IT. IT'LL ONLY TAKE A SECOND FOR YOU TO GO AND VOTE FOR ECONOMIC FREEDOM.Will President Bush's plan to stimulate the economy create 2.1 million jobs over the next three years?

<p>Is it an idea whose time has finally come? Can Congress help the stock market by eliminating the corporate dividend tax -- or the double taxation of dividends?</p> <p>In his Aug. 12 Investment Strategy Weekly, Edward E. Yardeni, chief investment strategist at Prudential Securities, shares his views on what can be done to boost stock prices and revive the confidence and wealth of individual investors.</p>

"Kill the Death Tax! Time is of the Essence! Make the Death Tax Reforms of 2001 Permanent!" ACU Members, Supporters, Friends, and Activists: As part of ACU’s ongoing effort to make all of President Bush’s tax cuts permanent, we’re calling on our ACU Activist to specifically encourage Members of Congress to make the Death Tax Reforms of 2001 PERMANENT. H.R. 2143: The Permanent Death Tax Repeal Act sponsored by Congressman Dave Weldon (R-FL) will be brought to the House floor this Thursday. As part of President Bush’s 2001 tax cut package, the Death Tax will be phased out—over the course...