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
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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
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
Today, House Budget Committee Chairman Paul Ryan (R-Wis.) released his FY 2012 budget resolution. It is a no-tax-increase budget which stands in stark contrast to the Simpson-Bowles (Obama) commission (and the Coburn-Chambliss “Gang of Six” which is introducing legislation modeled after Simpson-Bowles). The Ryan approach is the conservative one:
|
Gang of Six / Simpson Bowles |
Paul Ryan | |
| Ten Year Net Tax Hike | $1-3 Trillion (Depends on Estimates) | $0 |
| Tax Revenue Target | 21% of GDP, an unprecedented high | 18-19% of GDP (the historic average) |
| Spending Target | 21% of GDP in perpetuity | 21% of GDP, falling to 14% of GDP by 2050 |
| National Debt | 34% of GDP by 2040 | Paid off by 2050. |
| Obamacare | Retained | Repealed |
| Top Personal and Corporate Tax Rates | As High as 28%. | No higher than 25%. |
| Payroll Tax Hike | Yes | No |
| Gas Tax Hike | Yes | No |
| Tax Increase Trigger | Yes | No |
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