Furthermore, the Fair Tax will raise taxes on many middle-class families — even more so at the 45 percent rate — with children due to the elimination of the Child Tax Credit, Child care Tax Credit, ...
I am a retired tax lawyer/CPA, with no financial interest in any tax system. For supporting details call 423-532-7337. Fair Tax is more Karl Marx wealth redistribution and a Bernie Madoff financial ...
So how can we do this? Well, at $30k a year, I pay around 6 percent income taxes (I'm a student so I get to write lots of things off) plus 15 percent for Social Security Medicare (the employer ...
The best explanation for how the fair tax lowers taxes while increasing federal revenue: participation. Because the federal government has used the income tax as a weapon, it is too easy to manipulate ...
A group of House Republicans is revisiting the Fair Tax Act, which would replace certain federal levies with a national sales tax and decentralize the IRS. While the plan may not get a floor vote and ...
In another development highlighting the need for the Fair Tax, Congressman Dennis Kucinich, a Democrat from Ohio, excoriated the Treasury Department last week for failing to adequately trace banks’ ...
The following is written testimony prepared for a June 12, 2024 Senate Budget Committee hearing on “Making Wall Street Pay Its Fair Share: Raising Revenue, Strengthening Our Economy.” Thank you, ...
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