Tag Archives: income tax

Fair Tax Act Introduced

Fifty-four House Republicans on Thursday reintroduced legislation that would terminate the IRS and replace the system of income taxes on people and corporations with a consumption tax. The FairTax Act, from Rep. Rob Woodall (R-Ga.), would abolish the 16th Amendment, … Continue reading

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Is There a Solution to Our Economic Problems?

For those waiting for our economic problems to be solved, you can quit holding your breath.  There is simply not going to be a solution to our economic problems on the national level.  So why is that the case?  Well, … Continue reading

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Attack on Capital Gains

What is at the heart of President Obama’s complaint about the taxes Warren Buffett and other rich people pay, or don’t pay? What the president is really complaining about is that the tax rate on capital gains is too low. … Continue reading

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