Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
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Special Election Underway in Alabama’s 1st District http://t.co/nOJOcgtAXS
June 11, 2013 04:01 PM
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ATR Supports Motion to Proceed to S.744 http://t.co/ViCcRwzQpY
June 11, 2013 02:46 PM
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“Do [Americans] care about data vs. metadata, or do they care that the government is watching them?” -@MDuppler: http://t.co/lc94WuBQrG
June 11, 2013 02:30 PM
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“The IRS went above and beyond just targeting groups. It went after individuals.” -@MDuppler: http://t.co/xcAGfTF4W1
June 11, 2013 01:30 PM
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ATR’s @MDuppler discuses whether immigration reform can move forward with MSNBC's @chucktodd: http://t.co/lc94WuBQrG
June 11, 2013 12:30 PM
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#Obamacare requires that everyone in a workforce has the same “quality” health coverage: http://t.co/tHLNRGQ1jN http://t.co/xkTWidjnmw
June 11, 2013 12:06 PM
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CoGC: VIDEO ALERT: COGC’s Mattie Duppler Joins MSNBC's the Daily Rundown to Talk Immigration Reform http://t.co/J7RxqjosuW
June 11, 2013 12:01 PM
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The IRS scandal “continues to poke holes in the idea that big government is good for a prosperous nation” -@MDuppler http://t.co/xcAGfTF4W1
June 11, 2013 11:01 AM
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The #NBAFinals is now even, just like #Texas and #Florida’s state income tax rates: 0%! http://t.co/cYf2veJWv2 #Heat #Spurs
June 10, 2013 06:01 PM
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CoGC: VIDEO ALERT: COGC’s Mattie Duppler Discusses the Ongoing IRS Scandal on The O'Reilly Factor http://t.co/rc359VcUDG
June 10, 2013 05:46 PM
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Taxmageddon Gridlock Costing the U.S. Jobs and Growth
The President and Senate's gridlock over Taxmageddon negotiations have proven to be costly to U.S. economic growth and jobs.
The National Association of Manufacturers (NAM) released a report today estimating that the U.S. economy could lose as much as 12.8 percent in GDP and 6 million jobs over the next three years if Taxmageddon budget negotiations are not resolved. The NAM projects unemployment to rise to over 11 percent under the scenario given and for real disposable income of families to plummet by 10 percent.
Almost as alarming as the potential effects of Taxmageddon are the economic costs sustained thus far because of Washington’s failure to act. According to the report, gridlock in Washington has already cost the economy 0.6 percentage points in GDP growth for 2012 and one million jobs.
With the Republican-led House having passed legislation to avert most of Taxmageddon (as opposed to the Senate’s bill that avoids it on a much smaller scale), it is evident President Obama and Democrats in the Senate are to blame for the uncertainty families and small employers have over a “fiscal cliff” that would raise their taxes by $3,500.
President Obama has made his stance on Taxmageddon known by saying he would veto any bill that did not raise taxes on high-income earners, many of whom are small employers. The President’s threat of veto is grossly partisan and unethical as it holds the financial future of families and small employers captive for political gain.
For a President who has touted ending partisan politics, he is doing more than his fair share of increasing division and gridlock in Congress at the expense of taxpayers.
