Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
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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
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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
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.@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
taxreformer -
"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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The End of the Capital Gains Tax...In Russia
President Obama is poised to allow the Bush tax cuts to expire at the end of this year and see the capital gains tax on long term investments spike from 15 to 20 percent. Meanwhile the BBC is reporting that Russia has decided to drop their 20 percent tax on capital gains from long term investments. Accompanied with a 13 percent flat tax, the former Soviet Union has prepped itself for a better long term business climate than that of the United States.
In order to pay for the slew of new entitlement programs, President Obama believes that more taxes will be able to cover more programs. Unfortunately history sides against him. In each instance when the capital gains tax dropped, revenue from the tax increased. In the 1980s when the tax increased, revenue from the tax dropped. It will be interesting to see the change between the US and Russian economies over the course of the next few years. Beginning in 2011 increased capital gains taxes take effect throughout the US and the abandonment of the tax will permeate Russia. President Medvedev has been quoted saying that he is looking to “modernize” the Russian economy. Meanwhile President Obama is relishing any chance to shoot the American economy back to the time of Jimmy Carter.
