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Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
taxreformer -
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
taxreformer -
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
taxreformer -
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
taxreformer -
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
taxreformer -
9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
May 13, 2013 01:30 PM
taxreformer -
.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
May 13, 2013 01:01 PM
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"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
May 13, 2013 12:30 PM
taxreformer -
Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
May 13, 2013 12:02 PM
taxreformer -
The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
May 13, 2013 11:30 AM
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ATR Urges Senators to Oppose Durbin Swipe Fee Amendment to Dodd Bill
Today, Americans for Tax Reform (ATR) urged all Senators to oppose Senate Majority Whip Richard Durbin’s (D-IL) new amendment (#3932) – which merges the main provisions of two earlier amendments (#3769 and #3771) – to Senator Dodd’s S. 3217, the Restoring American Financial Stability Act of 2010.
Sen. Durbin wishes to give the Federal Reserve power to issue new rules regulating debit and credit card interchange fees.
Fees set for credit and debit card transactions should be negotiated by the merchant and the credit/debit companies based on their individual contractual agreements. Setting a blanket, national standard completely interferes with any free market negotiating power both sides currently enjoy.
It is not the job or role of the federal government to regulate the fees set by private companies in any matter. This is simply another attempt by Senate Democrats to regulate each and every aspect of our financial markets.
Rather then seeking to regulate private fee agreements set between merchants and creditors, Senators should focus on the other egregious problems currently contained in this bill.
ATR urges all members of the U.S. Senate to oppose not only Sen. Durbin’s “swipe fee” amendment #3932, but this entire bill as a whole.
