Replace All Federal Taxes on Income with the Fair Tax Act , HR 25

Marilyn Rickert's Blog – December 2011 Archive (3)

Is John Huntsman's tax plan better than the Fair Tax?

Is John Huntsman's tax plan better than the Fair Tax? I went to the Huntsman's website to learn more http://jon2012.com/issues/jobs-economy-regulatory-reform This is my opinion on how the Huntsman plan compares to the Fair Tax.

Individual Taxes Excerpt:

Simplify the Personal Income Tax Code and Lower Rates

introduce a revenue-neutral plan that…

Continue

Added by Marilyn Rickert on December 25, 2011 at 10:02am — 6 Comments

Newt Gingrich's "Fair and Simple" tax plan

I was watching a YouTube video by Newt Gingrich where he said to "throw out the tax code and replace it with one that is simple and fair." So I went to his website at newt.org to look at his tax reform plan. I would like to share my opinion on the Newt Gingrich tax "simple and fair" tax plan compared to the Fair Tax.

*…

Continue

Added by Marilyn Rickert on December 17, 2011 at 11:53pm — 4 Comments

My opinion on Heritage Foundation's new Flat Tax plan

Heritage announces its new tax plan -- The New Flat Tax--Easy as One, Two, Three

Note how Heritage feels its rate is low at 28% but ignores the Fair Tax rate even lower rate of 23%.

Heritage Excerpt:

A rate of 28 percent is comparable to or significantly below the typical rate facing an individual or family today. A working family today is subject to a 15.3 percent payroll tax rate, plus either a 15 percent or 25 percent…

Continue

Added by Marilyn Rickert on December 15, 2011 at 3:43pm — 4 Comments