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mgeppert’s Comments

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mgeppert 03/01/2010 11:29am

TITLE I—REPEAL OF THE INCOME TAX, PAYROLL TAXES, AND ESTATE AND GIFT TAXES

(Sorry for the CAPS its a copy and past from the actual bill)

Basically the 16th Amendment goes bye-bye. As for Property Tax, that is a state tax and this bill has nothing to do with State Taxes.

Basically the Federal Government gets reduced to only having 3 knobs they can turn.
1) Tax Rate
2) Expenses
3) Rebate Amount

That is the best part of this! Simplicity.
It is also the biggest issue with getting it past. No more can Congress claim someone else will pay for it. It is everybody!
I love it! Haven’t found a decent argument against it yet!


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mgeppert’s Supported Bills

Bill Status Last Action
H.R.25 Fair Tax Act of 2009 (111th congress) Introduced Jan 06, 2009
S.296 Fair Tax Act of 2009 (111th congress) Introduced Jan 22, 2009
H.R.3889 Offering Patients True Individualized Options Act of 2009 (111th congress) Introduced Oct 22, 2009
H.R.25 Fair Tax Act (112th congress) Introduced Jan 05, 2011

mgeppert’s Opposed Bills

Bill Status Last Action
H.R.3200 America's Affordable Health Choices Act of 2009 (111th congress) Introduced Oct 14, 2009
H.R.3567 Respect for Marriage Act of 2009 (111th congress) Introduced Oct 19, 2009
H.R.1283 Military Readiness Enhancement Act of 2009 (111th congress) Introduced Mar 31, 2009
H.R.1913 Local Law Enforcement Hate Crimes Prevention Act of 2009 (111th congress) House Passed Apr 30, 2009
H.R.801 Fair Copyright in Research Works Act (111th congress) Introduced Mar 16, 2009
H.R.3962 Affordable Health Care for America Act (111th congress) Bill Is Law Jun 25, 2010
H.Con.Res.155 Supporting the goals and ideals of "Complaint Free Wednesday". (111th congress) Introduced Jun 17, 2009
H.R.2454 American Clean Energy And Security Act of 2009 (111th congress) House Passed Jul 07, 2009
S.1733 Clean Energy Jobs and American Power Act (111th congress) Introduced Feb 02, 2010
S.2746 Too Big to Fail, Too Big to Exist Act (111th congress) Introduced Nov 06, 2009
H.R.4872 Health Care and Education Affordability Reconciliation Act of 2010 (111th congress) Bill Is Law Mar 30, 2010