Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
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
taxreformer
"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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"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
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Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
taxreformer
Delaware Legislators are considering three bills which would raise taxes on alcohol beverages, smokers, retailers, and the state's hospitality industry. HB 212 raises taxes on distilled spirits, beer, and wine by over $14 million over the next two years, and HB 211 raises the tax on cigarettes to $1.60 per pack. Another bill (HB 210) increases licensing “fees” which will ultimately hit small business retailers, restaurants, and bars. These fees will also force businesses to raise prices on consumers. All three of the bills passed out of the Revenue and Finance Committee last week and are slated for consideration by the full House. There are currently amendments pending to sunset the alcohol and tobacco tax hikes, however tax sunsets rarely if ever occur. Consider we're still paying for the Spanish-American War Tax on our land line phones.
Raising taxes on declining revenue sources like alcohol and tobacco hardly ever raises more funds. In fact, when Kentucky announced it would apply the state’s 6% sales tax to alcohol earlier this year, total revenue dropped over $1.7 million, 55% below last year’s revenue. Similarly, when New Jersey raised cigarette taxes by 17.5 cents, they collected $52 million less than expected. On the other hand, when Delaware's spirits tax was slashed in the mid-1990s, sales increased by double-digits, bringing the state more revenue.
These taxes and fees are not the way to address Delaware's overspending problem, especially during a recession.
Click here to see ATR's letter to the Delaware House of Representatives urging them to oppose this bill.