Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
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Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
taxreformer -
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
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Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
taxreformer -
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
taxreformer -
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
taxreformer -
9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
May 13, 2013 01:30 PM
taxreformer -
.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
May 13, 2013 01:01 PM
taxreformer -
"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
May 13, 2013 12:30 PM
taxreformer -
Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
May 13, 2013 12:02 PM
taxreformer -
The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
May 13, 2013 11:30 AM
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Taxpayers Will Lose Under Any Dodd-Shelby Financial Bill Compromise
The Senate will vote on the motion to invoke cloture to proceed to consider Senator's Dodd's S. 3217, the Restoring American Financial Stability Act of 2010. Unless a compromise between Sen. Dodd and Ranking Republican Sen. Shelby are reached today, all 41 Republicans will oppose this measure.
The compromise will center around removing a $50 billion Orderly Liquidation Fund which the FDIC will have authority to tap, and the Fund will have privilege to borrow unlimitedly from the Treasury. This fund is nothing more than a permanent, unlimited TARP program that will be used to bailout politically important financial institutions. The cost of this Liquidation Fund will be paid for by financial firms with assets over $50 billion. However, the real cost of this will be passed on to American consumers.
However, even if this Fund is removed, there is no guarantee that one of the nine new agencies this bill creates will not use the regulatory framework to try and seek these funds. Further, in current form, this bill does nothing to address the route of the financial collapse - the faulty government backed lending agencies.
It is vitally important that all Alabama residents contact Sen. Shelby and remind him that any deal cut behind closed doors is still unacceptable. If you live in Alabama, please call Sen. Shelby and thank him for standing strong and remind him that a vote supporting cloture today is a vote for this bill. His number is 202-224-5744. It is important that you only call the Senator from the state you live. Other members can be reached by calling the Senate switchboard at 202-224-3121.
ATR WILL RATE against a vote supporting cloture later today.
