Department of the Treasury

Showing 4 ideas for tag "fair tax"

Department of the Treasury

Pass HR 50 - Fair Tax Act

The Fair Tax replaces all federal, Social Security, and Medicare taxes from your check and replaces it with a consumption tax of 17%... it then gives you a monthly credit for taxes on food (based on family size and location).

It then brings taxation to those who choose to opt out of the taxes (illegal’s, cash services, etc..) thus overall increasing the amount of taxes to pay this debt WE have without unfairly burdening... more »

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Department of the Treasury

Income tax, NO! FairTax, YES!

Americans--that is to say, law-abiding Americans--spend collectively millions of hours each year preparing to pay their income taxes. Imagine if that massive human capital was instead engaged in activity which contributes to the economy instead of feeding a bloated government bureaucracy. April 15 would be just another day of the year. It's time to repeal the 16th Amendment and implement the FairTax. No more filing. No... more »

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Department of the Treasury

Taxes

there are many ways to reduce spending.

1. Eliminate the IRS. The department itsself is not to blame but the lawmakers. Start the "FAIR TAX". Eliminate all federal, state and local taxes and have a national tax on every single item you purchase. Every single person in the United States would be paying taxes. This will include ILLEGALS, Tourists, Drug Dealers, and Gangsters.

2. totally revamp the life-cycle replacement... more »

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