Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
The Education and Workforce Committee holds hearing on NLRB "Recess" Appointments http://t.co/2ED4u4t8
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Senate Highway Bill Violates Taxpayer Protection Pledge http://t.co/z7IETuQT
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OK Gov. Mary Fallin Releases Bold Tax Reform Plan http://t.co/oRPWYGKb
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Senator Hatch looks to improve the Senate's Highway Bill http://t.co/rOZQENlQ
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Senator Hatch tries to make a bad bill better http://t.co/F6VYT9NI
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ATR Opposes Retroactive Tax Hikes http://t.co/XX2lRMyH
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Has your Governor Issued a Proclamation Honoring Ronald Reagan on Feb 6th ? http://t.co/bHatxoTg
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RT @timothy_stanley: Just interviewed @GroverNorquist. Flipped my view of the recession/election: recovery due to stopping Obama tax hik ...
timothy_stanley
RT @GroverNorquist: Reagan Birthday proclamations by 34 Governors, both R and D (Utah & Nevada just joined) 16 bitter D Govs fail test o ...
GroverNorquist
CoGC: House Republicans Lead on Budget Honesty http://t.co/wHJpzOC1
taxreformer
On numerous occasions we've pointed out how President Obama's pledge not to raise taxes on person's earning under $250,000 was, to use a subtle and technical term, a total, absolute, and utter, lie.
Of course, continuing to make Orwell proud, on Saturday Obama said that he kept his promise not to tax families making less than $250,000 per year. So it was nice to see the Joint Committee on Taxation say yesterday that this was... how do I put it... a lie.
As The Hill reports:
Taxpayers earning less than $200,000 a year will pay roughly $3.9 billion more in taxes — in 2019 alone — due to healthcare reform, according to the Joint Committee on Taxation, Congress's official scorekeeper...Once the law is fully implemented in 2019, the JCT estimates the deduction limitation will affect 14.8 million taxpayers — 14.7 million of them will earn less than $200,000 a year. These taxpayers are single and joint filers, as well as heads of households.