Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
taxreformer
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
taxreformer
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
taxreformer
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
taxreformer
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
taxreformer
9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
taxreformer
.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
taxreformer
"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
taxreformer
Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
taxreformer
The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
taxreformer
The Kansas Senate Ways and Means committee passed a $434 million tax package on Friday. House Bill 2360 which carries these tax increases was passed 8-4. Senators Apple, Masterson, Taddiken, and Schodorf voted against this burdensome package, while Senators Emler, McGinn, Vratil, Schmidt, Teichman, Umbarger, Kelly, Kultala, and Lee voted for it. A Senate Floor vote is expected as early as today on this package and the Senate budget (HB 2361). The tax increases included in the package are:
-an increase in the sales tax that would cost the taxpayers $365 million in FY2011 alone;
-the elimination of the IRS Section 199 deduction through the decoupling of Kansas tax law from that of federal tax law, a tax increase of $17 million;
-a 70% tax increase in the cigarette tax raising the rate to $1.34 a pack, a tax increase of $49.4 million;
-and a 300% tax increase in the tax rate on wholesale tobacco products taking the rate to 40%, a tax increase of $13.7 million.
Over 5 years this tax package is expected to cost Kansans $1.77 billion, money that would be better served in the private sector rather than being used as spending money for the government.
Additionally, the Senate will soon be voting on their budget (HB2361) which is currently out of balance by $418 million. This budget should be voted against due to its dependence on more revenue which would be delivered by saddling the taxpayers with $434 million in new taxes. For this reason, the Senate should vote against both the budget and the tax increase package that would be used to fund it.
To see ATR's letter opposing both the budget and the $434 million tax increase package, click here.