Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
List of Upcoming Obamacare Tax Hikes http://t.co/yEdM94o6lw
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ATR’s @MDuppler discusses the ramifications of the developing IRS scandal on @VarneyCo: http://t.co/ZvMvMW9fRE
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In new @DailyCaller op-ed, @GroverNorquist urges Congress to question IRS agents involved in this scandal: http://t.co/M0gV2GpQ9G
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Gov. Bob McDonnell Signs Largest Tax Hike in Virginia History into Law: http://t.co/iENksi7uQi
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IRS tax return preparation invites a conflict of interest: http://t.co/oKvpIofu7Y
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These destructive #Obamacare tax hikes will soon be implemented: http://t.co/opFkyf1guJ
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"Saying the Marketplace Fairness Act is fair is like saying the Affordable Care Act makes health care affordable" -@MarshaBlackburn
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"I can't believe #Obamacare led to higher health care costs," said no economist ever: http://t.co/J6dfnKqFYZ
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#Obamacare's 10% tanning tax hits salon owners and customers, most of which are women: http://t.co/dJuaGAT9LE
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Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
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Below is the text of a letter ATR President Grover Norquist today sent to Congressman Jeb Hensarling (R-TX) on the issue of credit card restrictions under consideration by Congress:
I write today to commend you for your leadership on H.R. 627, a bill which seeks to impose Washington, DC-based “solutions” on America’s credit card holders. As you know, the real answer to any problems within credit card markets is not more regulation and laws, but allowing consumers to make informed decisions with their own money.
During a time of economic crisis in financial markets, the last thing that Congress should be looking to do is restrict credit. Credit card companies operate in an atmosphere of stiff competition, and as such are constantly refining their products to attract consumers. If Congress imposes new restrictions on credit cards, the result will be higher cost and less availability. This would be particularly-harmful for America’s small business sector, which relies on credit cards to finance many day-to-day operations.
This power-grab by Congress also takes away the considered and stakeholder-inputted regulations that have been issued on this matter by the Federal Reserve. The Federal Reserve needs to have the leeway to act as the facts on the ground dictate, and Congress’ lawmaking action here restricts flexibility and will lead to unintended consequences.
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