- via The Washington Free Beacon
A majority of Americans say that taxes are too high and the tax code is too complex, according to a poll from the American Action Network.
The Trump administration and Congress are shifting their focus to tax reform and poll findings show that Americans support a redesign of the tax code that lowers rates and makes it more simple and fair.
"It's clear that Americans, regardless of ideology, widely support fixing our broken tax system," said Corry Bliss, director of the network. "Americans recognize the positive impact a tax code with lower rates would have on working families and small businesses competing with other countries like China." Read more here...
The Weekly Fix: Where Is The Money Going?
- by Adam Brandon
The fix is in. Did you know, Americans spent more on taxes (on average) than food and clothing combined in 2016? According to the Bureau of Labor Statistics, the average U.S. tax bill has increased by 41.13 percent in just three years.
No wonder half of Americans are living paycheck-to-paycheck. Meanwhile, the federal debt stands at $19.976 trillion, which is bigger than U.S. gross domestic product (GDP).
You can’t help but wonder, where is the money going? Read more here...
No wonder half of Americans are living paycheck-to-paycheck. Meanwhile, the federal debt stands at $19.976 trillion, which is bigger than U.S. gross domestic product (GDP).
You can’t help but wonder, where is the money going? Read more here...
In "Drain the Swamp," Congressman Ken Buck is blowing the whistle on the real-life House of Cards in Washington. Votes going to the highest bidder, lavish parties, ruthless arm-twisting, and so much more. Read about the real side of Washington that you only hear about in the latest Hollywood political drama. Get your copy here...
Trump's Tax Reform Campaign Is a Huge Deal- via The Washington Examiner
President Trump on Wednesday began the national campaign to reform and reduce the federal income tax. Now. This year.
It has been 31 years since President Ronald Reagan reformed and reduced taxes.
Over three decades, the Washington establishment has hiked taxes on working Americans while doling out special deals and loopholes for the politically-connected. Trump restated and focused his consistent message of the 2016 campaign: Too many Americans are without jobs, too many Americans are not seeing their incomes rise, and too many American businesses are kneecapped by our government's tax policies. Read more here...
Expand America's Broadband Internet
Right now, there are 23 MILLION Americans who don’t have access to broadband Internet, just because of where they live. Connecting them to the Internet would help put more money in their pockets, create new American jobs, and further grow America’s economy.
Thankfully we can achieve all this by simply changing an FCC regulation. By getting the government out of the way and allowing the market to work, all of America will get better, faster, and cheaper broadband Internet.
That’s why FreedomWorks is asking you to contact these senators and urge them to support expanding America’s broadband Internet today. Take Action Here!
ALEC-FreedomWorks Legislator of the Week- via ALEC
This week, ALEC and FreedomWorks introduce Tennessee State Senator Edward Jackson from the 27th District. His district is located in Madison, Dyer, Crockett, Lake and Lauderdale Counties, and includes his hometown of Jackson. First elected in 2014, he currently serves on the Government Operations, State and Local Government, and Health and Welfare Committees. Read more here...
We Must Fix our Self-Destructive Tax Code
- by President Donald Trump via Journal Sentinel
Our self-destructive tax code costs Americans millions of jobs, trillions of dollars and billions of hours spent on compliance and paperwork.
To fix this, we have made the foundation of our job creation agenda fundamentally reforming our tax code for the first time in more than 30 years. I want to work with Congress on a plan that is pro-growth, pro-jobs, pro-worker and pro-American.
Our plan will dramatically reduce income taxes for American workers and families. It will nearly double the standard deduction to help families get ahead. It will make our complex tax code more simple and fair. It will put money back into the pockets of the people who earned it. And it will bring back American jobs by making our businesses competitive once again. Read more here...
An Argument Opponents of Tax Reform Can't Counter- via American Spectator
As Congress prepares to take up tax reform, a major issue will be the corporate tax rate. To many, the debate that will ensue will appear familiar. To advocate for corporate tax cuts, Republicans will point out that the United States has the highest statutory corporate tax rate among major economies. Democrats, on the other hand, will point out that the effective tax rate that corporations pay is often much lower than the statutory rate as an argument to target tax exemptions for businesses. Ironically, they are both correct — and so the statutory tax rate needs to be cut so that cronyist tax carve-outs can be eliminated.
The problem with setting such a prohibitively high tax rate is that corporations can reasonably argue that they need tax cuts in order to remain in business in the United States. And argue that they do. Corporations spent $838 million on lobbying expenditures in the first quarter of 2017 alone, a number that will surely grow as legislation to reform the tax code begins to emerge. The return on this “investment” is substantial; one report found that last year corporations benefited from more than $185 billion in tax breaks. Read more here...
FreedomWorks in Action
For Freedom,
Jason Pye
Vice President of Legislative Affairs, FreedomWorks
Vice President of Legislative Affairs, FreedomWorks
No comments:
Post a Comment