- Michigan Jobs Ain't What They Used To Be...Unless You Work For The Government
- ATR and CFA Support Earmark Moratorium
- CFA Supports Earmark Moratorium (CFA Site »)
- Voter Fraud in the Name of Tax Hikes
- Ballooning Deficits in Greece Foreshadowing Future for the U.S.? (ASA Site »)
- Green Jobs FAIL
- The Evergreen Tax and Fee Spree
- Pelosi: "But we have to pass the bill so that you can find out what is in it" (CFA Site »)
- ATR Staffer Testifies Before U.S. House Energy & Commerce Select Committee
Wednesday, March 10, 2010
- The endemic rot in government run health care
- Senate Unanimously Passes Coburn PAYGO Transparency Amendment (CFA Site »)
- The Debt Panel's 800-lb. Gorilla: Why Andy Stern Stands Out
- The Left Agree: Obamacare Ushers In Their Radical Ideological Agenda
- We Ought Focus On Cutting Taxes & Spending, Not Deficits
- The Debt Panel's 800-lb. Gorilla (AWF Site »)
-
Does the Obamacare Investment Surtax
Apply to Capital Gains? - ATR Urges Opposition to Sen. Isakson Pension Bailout
- Taxpayers to Legislators: Clean Virginia Budget of Taxes
- ATR Supports the Georgia JOBS Act
Tuesday, March 9, 2010
- ATR Urges Utah Governor Herbert to Veto Tax Increase
- More on the VAT
- Public Sector Jobs
- How 550,000 jobs were destroyed by the minimum wage hike
- How Obamacare Will Hurt Poor Women & Children Most
- Federal Workers Make $11,000 More Than Private Sector Workers, and There’s More of Them (AWF Site »)
- Really?!? If This is Transparency, Beware of Opacity (CFA Site »)
Monday, March 8, 2010
- Legislation Introduced to Put Ronald Reagan on the $50 Bill
- Pledge Signer Wins Illinois Republican Gubernatorial Primary
- New Jersey Transparency Legislation Broadened to Encompass Localities (CFA Site »)
- "Net Neutrality" To Kill Jobs
- NY Supreme Court Votes to Evict Residents and Close Businesses (PRA Site »)
- California US Senate Candidates Square Off in First Debate
Friday, March 5, 2010
- ATR and CFA Support the Spending Limit Amendment
- Utah Representative Breaks Tax Pledge
- AWF Will Rate Vote on House Jobs Bill (AWF Site »)
- Energy Tax Hike Series: Use it or Lose it Tax
Thursday, March 4, 2010
- The reliability of spending "estimates"
- Utah State Senator Tries to Sweeten Tax Hike with Pork
- Obama Administration Makes Attempt to Seize Millions of Acres Across America (PRA Site »)
- More "Stimulus" Boondoggles - Social Engineering and Lobbying for Higher Taxes
- Energy Tax Hike Series: Raises Taxes on Tertiary Injectants
Wednesday, March 3, 2010
- Is This Reality or a Science Fiction Dystopia?
- Andy Stern Update: US Attorney Reviewing Case & Obama Appoints Stern to Debt Panel
- Texans: Do You Know Which Candidates Have Signed the Taxpayer Protection Pledge?
- AWF Asks White House to Take Position on Andy Stern Investigation After Appointment to Debt Panel (AWF Site »)
- AWF Continues Andy Stern Investigation (AWF Site »)
Tuesday, March 2, 2010
- Energy Tax Hike Series: Superfund Tax Reinstated
Monday, March 1, 2010
- Rick Berg First Pledge Signer in North Dakota Congressional Race
- Give a Hoot, Don’t Pollute . . .the Economy with Taxes or Unnecessary Spending
- Raise Taxes or Raise Taxes? Washington’s Solution to $2.8 Billion Budget Deficit
- Andy Stern Appointed to Debt Panel While Under Criminal Review for Lobbying Activities
- Andy Stern Appointed to Debt Panel While Under Criminal Review for Lobbying Activities (AWF Site »)
- Energy Tax Hike Series: IRS Sec. 199 Repeal
Friday, February 26, 2010
-
Pwned!
Paul Ryan on Healthcare and Deficits - Senator Inhofe Urges EPA to Reconsider Endangerment Findings
- Governor Crist Proposes $2.7 Billion Budget Increase
- Union Favorability Numbers Continue to Fall (AWF Site »)
- Real Men of Genius - DC City Council Edition: Cigarette Tax Hike Reduces Revenue
- Energy Tax Hike Series: Repeal of Percentage Depletion Deduction
Thursday, February 25, 2010
- Virginia Budget: Get Rid of the Tax Increases
Wednesday, February 24, 2010
ATR Opposes H.R. 4173,
Tax Hikes on Financial Services
From Ryan Ellis on Tuesday, December 8, 2009 6:55 PM 
ATR President Grover Norquist sent the following letter today to House Financial Services Chairman Barney Frank (D-Mass.):
***
Americans for Tax Reform is opposed to H.R. 4173, the “Wall Street Reform and Consumer Protection Act of 2009.” Besides raising the cost of government with onerous new regulations on the financial services sector, H.R. 4173 is a net tax increase.
According to the Congressional Budget Office and the Joint Tax Committee, net tax revenues would increase by $4.9 billion over the 2009-2019 budget window. These tax hikes are the result of new fees assessed on the financial services sector in order to pay for the new regulations on that same sector.
Increasing taxes and regulations on financial services companies will only result in fewer and more expensive financial services offered to the American people. The old maxim, “if you want less of something, tax it more” certainly applies here (and one might also insert “regulate” instead of “tax”).
Raising taxes on vital services needed by everyone—at least everyone who owns a home, has a credit card, or has opened an IRA—is foolish public policy.
Permalink | Email | Print | Tags: TAXES, REGULATIONS
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Comments
And I suppose by letting everyone go bankrupt, losing their home to the banks' greedy foreclosure processes will "save dollars"? You're full of it, and WRONG! You want everyone to lose their home to make money for the banks collecting their INSURANCES and greedy horrendous EXPENSIVE FEES on Foreclosures, rather than give millions of homeowners any breaks from the Wall St. greed of BANKS...who are now hated worse than attorneys and Wall Street crooks. Thanks a LOT for NOTHING, you bank-paid moron. Carol Kaye ckaye@ca.rr.com Homeowner, honest hard worker for over 60 years, and leader in my own field.
>> Carol Kaye Wednesday, December 9, 2009 4:24 PM
So what is the President going to do about creating jobs when this bill is passed and it causes the finance industry to colapse? I work for a industrial loan company and this is going to affect us majorly! Nationwide, every finance company, several employees in each office: picture us standing in the unemployment line. I'm sure there will something changed to the unemployment system where we won't even be able to draw the benefits! That's really gonna help the US make progress to get us out the mess we are in. Why should the government stick their nose in our financial business? I'm not stupid and I know how to handle my bills. There are companies that charge 300% interest. Thats predatory lending so go after them, not us!
>> Brandy Thursday, December 10, 2009 1:25 PM
I apologize for my anger angry and name-calling, that is not me. I over-reacted having had so much experience with the failures of the Hamp and the Harp government programs that truly are not helping legitimate homeowners. It just seems that no-one is addressing the cause of this economic mess to begin with: the fear of every homeowner in the USA - no spending = no jobs. Middle-class is ignored, we need a financial wizard to draw up workable programs, not the inane failure Hamp and Harp to address the issue of the banks. Again I apologize for my rudeness.
>> Carol Kaye Saturday, December 12, 2009 7:29 PM
When will America wake up? What can I do to0 help(most effective thing)
>> Norm MacDougall Wednesday, February 3, 2010 9:10 AM