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S.13 Fair Tax Act of 2011, 112th Congress

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Official Bill Info

  • Latest Action: Jan 25, 2011 Read twice and referred to the Committee on Finance.

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    I know the most recent action for this bill is as follows: "Read twice and referred to the Committee on Finance." on Jan 25, 2011
  • Committee Assignment: Senate Committee on Finance

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    This bill has been assigned to the Senate Committee on Finance committee.

Bill Statistics on OpenCongress

  • 76% of users support S.13

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    76% of users on OpenCongress.org, a free, non-partisan resource, support S.13.
  • S.13 has been viewed 17,581 times

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    S.13 has been viewed 17,581 times on OpenCongress.org, a free, non-partisan resource.
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    Supporting Organizations

    • Americans for Fair Taxation

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      I know that the organization Americans for Fair Taxation supports S.13
    • National Small Business Association

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      I know that the organization National Small Business Association supports S.13
    • National Taxpayers Union

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      I know that the organization National Taxpayers Union supports S.13

    Most-commented sections of the bill text

    • (1 comments, Link )

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      specifically, this section of the legislation: "",

    Highest Rated User Comments

    • On May 16, 2011, by james568 - The only way to avoid major spending reductions that would substantively default on the promises made to seniors, maintain an adequate defense, and avoid fiscal collapse, is for the economy to grow quickly. The Fair Tax would make the Unites States a tax haven. - Corporate headquarters would relocate here, and create jobs. - Our manufacturing sector would shed it's current tax DISadvantage of 15 - 17%, and have a tax advantage over other industrialized countries. Companies would build manufacturing plants here in the U.S. so they can ship U.S. made goods to their home. - The import/export ratios would substantively shift from current trends towards more balanced trade. Neither the income or payroll tax affect illegal income, the Fair Tax does. The "prebate" is only for legal residents. Illegal immigrants would place themselves in the highest tax bracket.

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      As noted by james568, a user on OpenCongress.org, on May 16, 2011, "The only way to avoid major spending reductions that would substantively default on the promises made to seniors, maintain an adequate defense, and avoid fiscal collapse, is for the economy to grow quickly. The Fair Tax would make the Unites States a tax haven. - Corporate headquarters would relocate here, and create jobs. - Our manufacturing sector would shed it's current tax DISadvantage of 15 - 17%, and have a tax advantage over other industrialized countries. Companies would build manufacturing plants here in the U.S. so they can ship U.S. made goods to their home. - The import/export ratios would substantively shift from current trends towards more balanced trade. Neither the income or payroll tax affect illegal income, the Fair Tax does. The "prebate" is only for legal residents. Illegal immigrants would place themselves in the highest tax bracket."
    • On February 01, 2011, by stidmatt - Sales taxes, while not as equitable as income taxes, are easier to administer than an income tax and harder to cheat out of. This will also destroy some arguments on deportation, making the political cloud less hazy.

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      As noted by stidmatt, a user on OpenCongress.org, on February 01, 2011, "Sales taxes, while not as equitable as income taxes, are easier to administer than an income tax and harder to cheat out of. This will also destroy some arguments on deportation, making the political cloud less hazy."
    • On July 03, 2011, by RAVaught - This also encourages a more fiscally responsible method of spending by the tax payers as well, giving them more incentive to save money instead of spending, as money saved is not taxed until dividends are paid or it is spent. In today's debtor society that would be a ver good thing.

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      As noted by RAVaught, a user on OpenCongress.org, on July 03, 2011, "This also encourages a more fiscally responsible method of spending by the tax payers as well, giving them more incentive to save money instead of spending, as money saved is not taxed until dividends are paid or it is spent. In today's debtor society that would be a ver good thing. "

    Highly Rated Blog Articles

    • Down with S.13 and Up with Free Speech in Canada! | Socon or Bust - October 02, 2011 by Pacheco - Mr. Brian Storseth (Westlock—St. Paul, CPC) moved for leave to introduce Bill C-304, An Act to amend the Canadian Human Rights Act (protecting freedom).He said: Mr. Speaker, I rise today in this House to introduce a bill ...

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      As noted by Pacheco on October 02, 2011, "Mr. Brian Storseth (Westlock—St. Paul, CPC) moved for leave to introduce Bill C-304, An Act to amend the Canadian Human Rights Act (protecting freedom).He said: Mr. Speaker, I rise today in this House to introduce a bill ..." (http://soconorbust.wordpress.com/2011/10/02/down-with-s-13-and-up-with-free-speech-in-canada/)
    • Unions, Allies Back American Jobs Act | AFL-CIO NOW BLOG - September 09, 2011 by Mike Hall - The FairTax Act (HR.25, S.13) 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 ...

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      As noted by Mike Hall on September 09, 2011, "The FairTax Act (HR.25, S.13) 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 ..." (http://blog.aflcio.org/2011/09/09/unions-allies-back-american-jobs-act/)
    • MyNation KnowledgeBase – Divorce under Mental Cruelty and ... - September 08, 2011 by MyNation - (1) of S. 13 of the Hindu Marriage Act, 1955; and. (ii) that the respondent-wife had deserted him for a continuous period of not less than two years immedialely preceding the presentation of the petition, as contemplated by Cl. (ib) of sub-sec. ...

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      As noted by MyNation on September 08, 2011, "(1) of S. 13 of the Hindu Marriage Act, 1955; and. (ii) that the respondent-wife had deserted him for a continuous period of not less than two years immedialely preceding the presentation of the petition, as contemplated by Cl. (ib) of sub-sec. ..." (http://mynation.net/docs/37-1993/)

    Highly Rated News Articles

    • GE Technology Powers First Landfill-Gas-to-Energy Project in Alaska - July 31, 2012 by Yahoo Finance - Located on the Joint Base Elmendorf-Richardson in Anchorage, a joint U.S. Army and Air Force base, the project will provide approximately half of JBER–Richardson’s 13 megawatts (MW) of peak demand power. “Beginning in 2013, federal ...

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      As noted by Yahoo Finance on July 31, 2012, "Located on the Joint Base Elmendorf-Richardson in Anchorage, a joint U.S. Army and Air Force base, the project will provide approximately half of JBER–Richardson’s 13 megawatts (MW) of peak demand power. “Beginning in 2013, federal ..." (http://finance.yahoo.com/news/ge-technology-powers-first-landfill-193000289.html)
    • Blackout: World’s 13 biggest power outages - July 31, 2012 by Toronto Star - Some notable power outages around the world: July 31, 2012:Three power grids across half of India fail in what authorities call overdrawing of the system, leaving a record 620 million people without power for several hours and raising serious concerns ...

      Clicking this will add the following text:

      As noted by Toronto Star on July 31, 2012, "Some notable power outages around the world: July 31, 2012:Three power grids across half of India fail in what authorities call overdrawing of the system, leaving a record 620 million people without power for several hours and raising serious concerns ..." (http://www.thestar.com/news/world/article/1234703--blackout-world-s-13-biggest-power-outages)
    • How much time you really spend emailing at work - July 31, 2012 by Washington Post - (Hat tip to Jordan Weissman at The Atlantic, who figures this means we spend 650 hours a year.) But 28 percent of our time—that’s 13 hours in an average workweek—is still a whole lot to spend writing and answering emails. The chart above ...

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      As noted by Washington Post on July 31, 2012, "(Hat tip to Jordan Weissman at The Atlantic, who figures this means we spend 650 hours a year.) But 28 percent of our time—that’s 13 hours in an average workweek—is still a whole lot to spend writing and answering emails. The chart above ..." (http://www.washingtonpost.com/blogs/post-leadership/post/how-much-time-you-really-spend-emailing-at-work/2012/07/31/gJQAI50sMX_blog.html)
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