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Keyword: hr25

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  • What is the meaning of HR25, FairTax?

    08/27/2005 3:10:16 PM PDT · by Shamino · 45 replies · 1,220+ views
    HR 25, 2005 | 8-27-05 | Shamino
    I have a few questions for the FairTax experts to answer! Beyond section 1 of HR25, where it repeals the existing Income Tax legislation, after reading further into the bill...
  • Fair Tax petition

    08/27/2005 1:11:46 PM PDT · by bu9418 · 28 replies · 636+ views
    Mark Bureau ^ | 8/27/205 | Mark Bureau
    While I am not an advocate of taxes, I am an advocate of tax reform, and getting rid of the IRS. The Fair Tax would do this. The groundwork has already been laid for the bill, and the debate, but nothing will be done without the voice of the people. Take a look at the Fair Tax petition at www.markbureau.us, and help support the movement by electronically signing it. No personal information is collected, just a record of supporters in digital signatures. If we can get 2 million signatures, we will be on the way.
  • Tax Reform

    08/03/2005 3:31:55 PM PDT · by pigdog · 50 replies · 685+ views
    The Mississippi Press. | August 2, 2005 | Charles Brooks, Copy Editor
    More From The Mississippi Press OPINION Fair Tax offers more freedom, more wealth Tuesday, August 02, 2005 Please do this experiment with me. Take a look at your last week's pay stub. See that nice big figure on top? O.K. I know it's customary to complain about salaries. See that relatively nice big figure on top? Now look at all the figures below that start eating away at your pay, leaving you with the hungry little number at the bottom. Draw a line through all those pay-stealing numbers and circle your gross pay in red. That's the amount you would...
  • Santa Claus, the Tooth Fairy, and the Fair Tax Proposal

    04/20/2005 1:25:07 PM PDT · by CHARLITE · 76 replies · 1,676+ views
    CHRONWATCH.COM ^ | APRIL 20, 2005 | MATTHEW HOLMES
    I know you're tempted not to read this article. I know this because there is nothing (except maybe an all-night marathon of Al Gore documentaries) more mind-numbingly boring than reading an article about taxes. Since my column on taxes is not competing as an alternative to "The Internet, Al Gore, & You," I must instead resort to begging each of you to indulge me for a brief moment of your time. I always thought that only grumpy old men cared about taxes. I vividly remember many days during my childhood, watching my Dad—normally as cool as a cucumber—emerge red-faced from...
  • CALCULATE YOUR PERSONAL FAIR TAX RATE COMPARED TO YOUR 2004 INCOME TAX-FICA TAXES

    04/18/2005 9:30:29 AM PDT · by witchypooy · 189 replies · 3,851+ views
    IT'S YOUR PAYCHECK - KEEP IT ALL FAIRTAX CALCULATOR HR25/S25 Now that April 15 is past, it's time to tally up the tax score. Go to the FairTax calculator, http://www.pafairtax.org/calc.php and using 2004 figures, figure out (anonymously) what you would have spent in 2004 in taxes if we had the FairTax, the simple, honest, and progressive national retail sales tax, instead of our current complex income tax/FICA tax system. TOTAL INCOME TAX + TOTAL FICA = TOTAL FAIRTAX : For your household, please remember to make an honest and accurate comparison. FairTax will fund social security and medicare with 1/3...
  • Tax Reform: An Incredible Opportunity for Congress and America - (superb argument!)

    04/16/2005 8:37:33 PM PDT · by CHARLITE · 45 replies · 954+ views
    CHRONWATCH.COM ^ | APRIL 16, 2005 | Frank Salvato
    It is a rare thing when the American people can get excited about a piece of federal legislation that involves taxes. Normally, our elected officials are trying very hard to figure out how to sugarcoat yet another tax increase so they can supplement their habit of funding things like museums for ground hogs and rodeos and tropical biospheres in the farm belt. But a bill sponsored by US Representative John Linder offers a “once in a lifetime” opportunity for our lawmakers to not only do what is right by the American people, but do something that makes them look good...
  • Bill would dump IRS for sales tax

    04/13/2005 1:46:41 AM PDT · by JohnHuang2 · 113 replies · 2,886+ views
    WorldNetDaily.com ^ | Wednesday, April 13, 2005 | By Ron Strom
    Rep. John Linder reintroduces legislation to overhaul federal system Posted: April 13, 2005 1:00 a.m. Eastern © 2005 WorldNetDaily.com A federal bill that would do away with federal income tax and replace it with a national sales tax has been introduced again in the House of Representative after the same bill failed to get committee consideration in the last Congress. The bill, H.R. 25, is sponsored by Rep. John Linder, R-Ga. Dubbed the "FairTax" proposal, the bill "will repeal all corporate and individual income taxes, payroll taxes, self-employment taxes, capital gains taxes, estate taxes and gift taxes – and replace...
  • Fair Tax

    04/13/2005 5:10:04 AM PDT · by tgusa · 4 replies · 302+ views
    A federal bill that would do away with federal income tax and replace it with a national sales tax has been introduced again in the House of Representative after the same bill failed to get committee consideration in the last Congress. The bill, H.R. 25, is sponsored by Rep. John Linder, R-Ga. Dubbed the "FairTax" proposal, the bill "will repeal all corporate and individual income taxes, payroll taxes, self-employment taxes, capital gains taxes, estate taxes and gift taxes – and replace it with a revenue-neutral personal consumption tax," according to the congressman's website.
  • PRICES UNDER FAIRTAX WILL NOT GO UP - JUST THE OPPOSITE

    03/06/2005 3:07:44 PM PST · by smokeyb · 230 replies · 2,455+ views
    witchypooy ^ | 3/05/05 | witchypooy-self
    PRICES UNDER FAIRTAX WILL NOT GO UP - JUST THE OPPOSITE Within months of the start of FairTax you will see your cost at the register WITH your tax the same or lower than the cost today without the tax...here's how.... EXAMPLE: ACME TIE MANUFACTURING CO.- $20 tie - $5 profit margin Today's Economy -$20 price of tie at purchase - no "visible" federal tax Acme's price formula for a $5 profit margin on the sale (today under income tax): $2 material $8 labor $5 IRS tax compliance costs of 25% Acme pays and passes on to consumer $5 profit...
  • What will Federal taxes cost your family under the FairTax Plan?

    02/27/2005 9:23:36 AM PST · by smokeyb · 176 replies · 2,440+ views
    What will Federal taxes cost your family under the FairTax Plan? Calculate your NET effective annual FairTax dollar cost and rate after all your FairTax deductions are taken. http://www.pafairtax.org/calc.php
  • FairTax.Org HR25

    02/13/2005 10:41:05 AM PST · by nsmart · 650 replies · 3,695+ views
    WWW.FAIRTAX.ORG ^ | Last Week | Thomas Leser
    The FairTax is the non-partisan national sales tax proposal that would replace all federal income taxes. These include personal, estate, gift, self-employment, alternative minimum, capital gains, FICA, and corporate and death taxes.
  • How is our current tax system "Neutral?"

    11/23/2004 10:46:04 AM PST · by Shamino · 32 replies · 1,688+ views
    11-23-04 | Shamino
    In our current tax system (a graduated income tax) not everyone pays in a manner that is neutral.
  • Imagine receiving 100% of your paycheck!

    08/26/2004 11:05:33 PM PDT · by n-tres-ted · 446 replies · 4,866+ views
    townhall.com ^ | August 27, 2004 | Neal Boortz
    Two weeks ago a man stood up at a George Bush campaign appearance in Florida to ask about a piece of legislation known as HR25. Many, including myself, were pleased to hear Bush respond with some positive thoughts about the Fair Tax plan, a movement to replace the federal income tax with a national retail sales tax. Washington is a city of inertia, and right now the inertia belongs to our present method of funding the operations of our government, the income tax. Politicians will not easily surrender a funding mechanism that lends itself so well to political demagoguery and...
  • Fair Tax Discussion on Boortz now!

    04/05/2004 8:11:23 AM PDT · by Eagle of Liberty · 8 replies · 444+ views
    boortz ^ | April 5, 2004
    Fair Tax talk taking place now. Hear online at www.1290whio.com!
  • GUEST OPINION: We should pay the Fair Tax

    01/31/2004 5:11:57 PM PST · by ancient_geezer · 109 replies · 410+ views
    Illinois Leader ^ | Monday, January 26, 2004 | Thomas A. Wright
    OPINION -- As our good friend Alan Greenspan has stated recently in testimony before Congress, "Capital does not pay taxes." People do. Under the FairTax Bill HR 25/S1493, we terminate the sham of corporate taxes. Most people believe we instituted corporate income taxes to reduce the tax burden elsewhere - particularly on low-income/fixed-income Americans - and to ensure that our corporate citizens pay their fair share for the economic opportunities our great country offers. Unfortunately even a modest study of the history of taxation will quickly demonstrate that no corporation (or other similar corporate structure) in the recorded history of...
  • Fair Tax Act of 2003 (H.R. 25)

    01/30/2004 12:07:06 PM PST · by looscnnn · 46 replies · 481+ views
    H.R.25 Title: To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States. Sponsor: Rep Linder, John [GA-7] (introduced 1/7/2003) Cosponsors: 42 Latest Major Action: 1/7/2003 Referred to House committee. Status: Referred to the House Committee on Ways and Means.
  • End of the income tax?

    08/11/2003 10:17:08 PM PDT · by FairOpinion · 117 replies · 1,657+ views
    WND ^ | Aug. 12, 2003 | Neal Boortz
    It's in the hopper. In the last Congress, the number was HR2525. This time, it's HR25. When I speak of HR25 on my show, the residual phone calls continue for days. When I talk up HR25 during a banquet speech, the deserts remain uneaten. HR25 is called the Fair Tax Act of 2003, and its stated purpose is "To promote freedom, fairness and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the states. I've been studying and promoting this idea for nearly...
  • Herman Cain Tells It Like It Is!

    04/15/2003 6:14:59 PM PDT · by Bigun · 30 replies · 285+ views
    Houston Chronicle ^ | April 15, 2003 | Herman Cain
    We can do better than this 8 million-word mess By HERMAN CAIN Our tax code is an 8 million-word mess. It's beyond any type of reform and is unfair to every American. We are reminded of this every time we receive a paycheck. But change may be coming since President Bush suggested in his annual economic report to Congress that it may finally be time to replace the income tax with a consumption tax. By eliminating the complexity and the thousands of arcane preferences in today's tax code, the report says, a consumption tax would not only increase efficiency but...