Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
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Minnesota Public Radio covers Grover's visit and Gov Dayton's lame response: http://t.co/O0zJTPhO ^
February 21, 2012 10:47 PM
joshuaculling -
Grover prepping for a live hit on the local Fox affiliate. ^ http://t.co/JbHQ5McY
February 21, 2012 10:23 PM
joshuaculling -
ATR Opposes a Cigarette Tax Increase in Alabama http://t.co/0MbV3oqX
February 21, 2012 02:01 PM
taxreformer -
RT @KarlRove: Obama using regulatory uncertainty to stall jobs & private investment in economy. Read more from @digitalliberty: http://t ...
February 21, 2012 01:47 PM
KarlRove -
RT @joshuaculling: At White Bear Chamber of Commerce (Twin Cities) luncheon where Michele Bachmann is introducing @GroverNorquist.
February 21, 2012 01:41 PM
joshuaculling -
RT @GroverNorquist: Fun picture with Tokyo Tea Party leader at Wednesday meeting. http://t.co/PpmjLXTj
February 20, 2012 03:01 PM
GroverNorquist -
CoGC: Payroll Package Includes Excellent Spending Cuts http://t.co/TM53mtjw
February 17, 2012 12:02 PM
taxreformer -
ATR Supports H.R. 3630, the "Middle Class Tax Relief and Job Creation Act of 2012" http://t.co/dB6nr6Jr
February 17, 2012 11:01 AM
taxreformer -
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RT @MDuppler: I'll be on @VarneyCo on @FoxBusiness at 10am EST^ We're discussing whether the US is modeling Greece's self-destruction (h ...
February 17, 2012 10:11 AM
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Tax Reform
ATR believes that all consumed income should be taxed one time, at one low and flat rate.
ATR believes that all consumed income should be taxed one time, at one low and flat rate. ATR is neutral as to where this taxation should occur. A flat tax is a consumption tax imposed when money is earned. Various sales taxes like the FAIR Tax are imposed when money is actually consumed. Each has the same consumption tax base. ATR maintains that tax reform should not be an excuse for a net tax increase. Rather, all deductions and credits repealed should be replaced by lower tax rates, new deductions and credits, and/or making existing deductions and credits bigger.
Investor Taxes
ATR believes that there should be no double taxation of savings. That’s why we advocate for a zero tax rate on capital gains and dividends. Another way of getting to that tax level is by expanding tax-free savings accounts like 401(k) plans, IRAs, 529 college savings plans, and health savings accounts (HSAs). We oppose a cascading of savings taxation, which is why we support permanently killing the death tax. Finally, we support ending the bias in favor of consumption over investment in business, which means moving from complex depreciation to full business expensing.
VAT
A value-added tax (VAT) is a type of sales tax which is embedded in the price of a good and passed along at all stages of production to the consumer. VATs are a bad idea for America. In Western Europe, VATs have grown from a small 5 percent tax in 1970 to an average 20 percent today. The tax burden has grown dollar-for-dollar with the growth of a VAT. ATR maintains an anti-VAT caucus in the United States Congress.
Tax Gap/Tax Prep
Many on the Left believe that the government isn’t collecting enough in tax revenue, and their term for this supposed underpayment is the “tax gap.” One preferred method of the Left to close this “tax gap” is to move toward government preparation of tax returns. This creates a conflict of interest for the IRS, since the revenue collector would also assert the amount of tax owed. This is a backdoor tax increase that counts on taxpayers not being able to fight City Hall.
