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ATR Supports H.R. 99, the
"Fair and Simple Tax Act"

From Ryan Ellis on Wednesday, April 1, 2009 6:10 PM
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PDF version of this letter


April 1, 2009


The Honorable David Dreier
U.S. House of Representatives
Washington, DC 20515


Dear Congressman Dreier:


Congratulations on your re-introduction of H.R. 99, the “Fair and Simple Tax (FAST) Act.”  This pro-growth tax plan would be the largest tax cut in history, and all Members of Congress should become co-sponsors.

The FAST Act would implement many pro-growth policy measures, including:

•    Making permanent the 2001 and 2003 Republican tax cuts on families, investors, and small business owners
•    An alternate personal income tax structure with three brackets, a 30% top marginal rate, and only the most popular deductions retained
•    Permanently killing the death tax
•    Indexing the AMT to inflation, with an eye toward eventual repeal
•    Cutting the corporate income tax top rate from 35% to 25%
•    Cutting the capital gains and dividends rate from 15% to 10%
•    Indexing the basis of capital assets to inflation when calculating gain
•    Implementing retirement savings accounts, lifetime savings accounts, and lifetime skills accounts
•    Creating a “standard deduction” for health insurance premiums of $7500 for individuals and $15,000 for families
•    Making permanent the research and development tax credit

It’s important that the FAST Act be re-introduced at a time when taxes are being pushed to record levels by President Obama and Congressional Democrats.  H.R. 99 provides a strong vision of a better and more prosperous America, and I encourage its broad support by pro-taxpayer Congressmen.


Sincerely,

 

Grover Norquist
GGN:rle
 

 

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Comments

ATR Supports H.R. 99, the "Fair and Simple Tax Act" Why not support the FairTax? (HR 25 & S 296)
>> Stanley Twomey Friday, April 3, 2009 10:16 AM Report Comment

The Fair Tax should be the ultimate goal. However, it requires such sweeping and comprehensive changes in the tax laws that Congress, even a favorable one, would not want to tackle it head-on. Moving to the Fair Tax in one step would require exact contingency planning, which as we all have observed, is not often practiced by Congress. Therefore, baby steps will be necessary to reach the final goal of the Fair Tax. H.R.99 introduces some of those baby steps.
>> Cariie Lavendou Friday, April 3, 2009 11:21 AM Report Comment

ATR supports any and all legislative efforts to cut taxes and make our tax system pro-growth. Put simply, Mr. Dreier asked for our support. We were happy to oblige. It's not exclusive of any other measure.
>> Ryan Ellis Friday, April 3, 2009 2:16 PM Report Comment

Take a look at the "Fair Tax" program. it will solve all of these problems and more. There are two books in print describing the program.
>> Jerfry Hurd-Smith Friday, April 3, 2009 2:19 PM Report Comment

Thank you for taking action to fix the system! Clearly our current tax system discourages investors and business builders. I agree with Carrie L: while the Fair Tax is closer to ideal, the proposal on hand is more likely to gain approval because it presents steps in the right direction.
>> Mary Nguyen Friday, April 3, 2009 10:13 PM Report Comment

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