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The FairTax is alive in the 111th Congress
A message from John Linder
Friends,
I am extremely happy to tell you that HR 25, the FairTax, has been reintroduced and is alive and well in the 111th Congress. Not only that, the FairTax has been dropped with more original co-sponsors than it has ever had. This is an incredible accomplishment, and it has everything to [...]
Just What This Downturn Demands: A Consumption Tax
Just What This Downturn Demands: A Consumption Tax
Friday, December 26, 2008
By: Robert Frank
From the New York Times, November 9, 2008
The country is now in the midst of the deepest economic crisis since the Great Depression. But as a new administration prepares to enter the White House, the crisis could end up being a [...]
IRS issued $1B in bad refunds
Report: IRS issued $1B in bad refunds in 2007
Tuesday, November 4, 2008
By: JIM ABRAMS
The government sent out more than $1 billion in fraudulent refunds last year
WASHINGTON — The government sent out more than $1 billion in fraudulent refunds last year and offered this explanation Thursday for the bad checks in the mail: [...]
Do the Right Thing
No national politician has worked harder to put the FairTax on the media and public radar than Mike Huckabee. As a former Arkansas governor and 2008 presidential candidate, Huckabee used the state primaries to promote the FairTax, providing major exposure–and building great grassroots support–all over the country. And he’s not done yet.
Now he’s back as [...]
Where we go from here
Message from AFFT:
There is much to say in this, “the morning after,” email so I’ll be brief as I share a few thoughts about the FairTax in the days ahead.
FairTax.org is non-partisan, but I know the same cannot be said for many of our supporters. And, as such, I suspect yesterday’s results came as [...]
What is a government enterprise?
Mailbag question:
Sec 2(12)(A) says that some employers are taxable, meaning that the wages those employers pay are taxable under the FairTax. Sec 2(12)(A)(ii) says governments are taxable employers except for government enterprises and Sec 2(12)(B)(iii) further reinforces the exclusion of government enterprises as taxable employers.
I’ve read all the referenced parts of H.R. 25 and it [...]
How many “nonpayers” can the U.S. afford?
A newly released Tax Foundation study shows that while current law would give 33 percent of income tax filers zero liability next year, that figure would increase to 43 and 44 percent if John McCain’s and Barack Obama’s tax plans, respectively, were enacted in 2009.
In Tax Foundation Fiscal Fact No. 146, “Both Candidates’ Tax [...]
Effect of FairTax on HealthCare
Hayden requested a discussion on Heathcare (see first post).
The current tax system is a large factor that drives the structure of the existing health care system. We have a health care market that is subject to only restrained price competition and has almost no publicly available information concerning the quality of health care providers. [...]
I.O.U.S.A.
In the latest book by John Linder and Neal Boortz, FairTax: The Truth, they argue the FairTax will supercharge the economy and help avoid fiscal disaster. These sentiments are also expressed by Laurence Kotlikoff and Scott Burns in their book The Coming Generational Storm.
Former U.S. Comptroller General Dave Walker and other concerned Americans including [...]
America the Uncompetitive
Economists at the Organization for International Cooperation and Development released a new working paper titled “Taxes and Economic Growth“ where they studied the effects of various types of taxes on the economic growth of developed nations within the OECD and found that “corporate taxes are found to be most harmful for growth, followed by personal income taxes, and [...]
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