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
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"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
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Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
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Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
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Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
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9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
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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
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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
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Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
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The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
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An outrageous piece of news is making the rounds in Washington. It turns out that Obama's IRS is going to issue a rule making it easier for trial lawyers to deduct costs up front, rather than making them wait to actually win a case. This provides a big incentive for trial lawyers to speculate on cases, and will certainly result in more lawsuits.
ATR is all for cutting people's taxes, but this action is taking place at the same time as America is gearing up for the largest tax hikes in history in fewer than six months' time. It comes on the heels of Obamacare, with its dozens of new or higher taxes. It comes at a time when Congress is looking to raise taxes on charities, universities, and pension plans (not to mention international profits of U.S. companies and Subchapter-S corporations). There's also cap and trade and other energy taxes. Harry Reid even tried to sneak in a tax increase on victims of trial lawyers earlier this year.
Maybe instead of cutting taxes for trial lawyers, the Obama Administration could focus on not raising taxes on small businesses and familes (and maybe even cutting them).
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