Americans for Change

Michael Linden and Michael Ettlinger compare the two presidents’ records on taxes and find that President Obama’s first-term cuts are bigger than President Bush’s.

Source: Tax Reform

Those attacking the president’s plan for adding $1.5 trillion in revenue over the next 10 years should look at the other deficit reduction plans out there, says Michael Linden.

Source: Tax Reform

The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment. The FairTax Act (HR 25, S 13) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities. The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

Source: YouTube

The panel discuss the Government’s change of wording on the tax summit and whether any useful policy will come out of it.

Source: YouTube