Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
Mothers of special needs children are hit especially hard by #Obamacare: http://t.co/dJuaGAT9LE
taxreformer
#Obamacare's looming tax increases are a train wreck waiting to happen: http://t.co/opFkyf1guJ
taxreformer
The Internet Sales Tax Vote Breakdown: A Republican Generation Gap: http://t.co/7GpRtPZGuh #NoNetTax
taxreformer
We're just beginning to scratch the surface on this IRS thing, folks. I'm talking more about it w/ @GerriWillisFBN tonight, 6pm^ET
MDuppler
Surprise: #Obamacare Leading to Higher Health Costs: http://t.co/J6dfnKqFYZ
taxreformer
In light of the developing IRS scandal, ATR’s @RyanLEllis asks, “Are these the people you want doing your taxes?”: http://t.co/oKvpIofu7Y
taxreformer
New @Mercatus video breaks down what’s at stake for states considering expanding Medicaid under #Obamacare: http://t.co/9TH9ftOBPF
taxreformer
List of Upcoming Obamacare Tax Hikes http://t.co/yEdM94o6lw
taxreformer
ATR’s @MDuppler discusses the ramifications of the developing IRS scandal on @VarneyCo: http://t.co/ZvMvMW9fRE
taxreformer
In new @DailyCaller op-ed, @GroverNorquist urges Congress to question IRS agents involved in this scandal: http://t.co/M0gV2GpQ9G
taxreformer
The Senate has been holding votes on S.743, the Marketplace Fairness Act (MFA). A procedural vote was just held with 75 in favor and 22 opposed. MFA doesn't just mean taxes it means tax enforcement that includes audits, court proceedings, and tax liens.
Tax collectors are poised to expand their tax base to people who cannot vote for them. Under MFA, nothing prevents Illinois from aggressively going after businesses in Louisiana that they believe haven’t paid enough in sales taxes.
MFA says that businesses in all 50 states that sell remotely have to collect and remit sales taxes to the states they sell into. However, nothing prevents Business in Texas from being subject to the New York taxation authority and the New York court system.
States are required to provide online sellers software to comply, but there is no requirement for a national software system in the MFA, so Businesses could feasibly have 45 different software regimes to implement.
States claim they are losing out on $23 billion, in revenue, but that’s a nationwide number and only half comes from online sales. States are arguing over a shared number somewhere between about $8 and $12 billion. The software implementation will certainly cost more than each state’s share of that figure.
For some more perspective, the cumulative total of all state general funds is $668 billion, $8 to $12 billion equals one percent of that figure. States want a massive expansion of tax authority for less than 1% of their budget.
This is a massive expansion of tax authority across state borders for a plan that doesn’t raise enough money to even pay for itself. Its no wonder we’re in budget short falls everywhere.