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Replace All Federal Taxes on Income with the Fair Tax Act , HR 25 and S 122

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…

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.

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…

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

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