FAIR TAX ACT 2009 HR 25

[CR]

LOOK THIS UP
THIS IS A MAJOR TAX INCREASED DIGUISED AS A FAIR TAX
100% OF ALL MONEY SPENT ON PRODUCTS OR SERVICES WILL BE SUBJECT TO 23%
FEDERAL TAX, PLUS THE LOCAL SALES TAX.
AFTER HR 25 IS PASSED THEY WILL BE ABLE TO INCREASED BASED UPON YHE
NEEDS OF THE GOVERNMENT
THERE IS A MAJOR PUSH TO CONTACT CONGRESS REPS TO VOTE YES
DON'T BE FOOLED BY SOUND BITES VOTE NO,NO,NO

[Dick Haynes]

No income tax and therefore no paperwork, no inheritance tax, no FICA or Medicare tax, no corporate tax, no vat tax. 23 cents of every dollar spent on new goods and services will go to Washington and the state sales tax will be paid on 77 cents of every dollar spent not earned. 

--
Dick Haynes

[C R COOPER]

FROM YOUR REPLY I CAN'T TELL IF YOUR FOR OR AGAINST. THEREFORE HERES AN EXAMPLE:

MARRIED COUPLE:

EARN     $19,700

CURRENT INCOME TAX BILL = 0 

 SS/ MED TAX $1,507.

 

FAIR TAX ACT PAYS - $4,531

 

DO THE MATH   VOTE NO

LOW & MIDDLE CLASS SPEND MOST IF NOT ALL THERE MONEY

THE WEALTHY DON'T THUS THEY WOULD PAY LESS TAX

 

 

 

_______________________________________________________________________________

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From: Dick Haynes <fairta...@gmail.com>
To: grad...@googlegroups.com
Sent: Tue, August 31, 2010 4:58:57 PM
Subject: Re: FAIR TAX ACT 2009 HR 25

[Phil Hamilton]

CR

From your statements it looks like you haven't read either book about The Fair Tax. There is no SS or Medicare tax.
Secondly you're neglecting the prebate. The Fairtax sets forth a formula for computing the poverty level. Then they determine an annual consumption allowance. For a married couple with 2 kids in 2006 this would be equal to 26400 and the sales tax on that would be 6072 or a monthly prebate of 506. Everyone gets a prebate and everyone keeps 100 percent of their paychecks.
Read both books.

Sent from my Verizon Wireless BlackBerry

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From: C R COOPER <crc...@bellsouth.net>

Sender: grad...@googlegroups.com

Date: Tue, 31 Aug 2010 14:13:06 -0700 (PDT)

To: <grad...@googlegroups.com>

ReplyTo: grad...@googlegroups.com

[C R COOPER]

 

C.R. 

 

THANKS, I WILL READ THE BOOK

 

HOWEVER I READ THE BILL H.R.- 25 YOU  SHOULD READ IT CAREFULLY

 REF:

 "ADJUSTMENT TO THE RATES IN SUBSEQUENT YEARS"

"REPEALS INCOME TAX" IF "THE SIXTEETH AMENDMENT TO THE CONSTITUTION IS REPEALED WITHIN SEVEN YEARS" THUS CURRENT SYSTEM

WOULD STILL BE IN FORCE.

 

ITS COMMON SENSE THAT THE GOVERNMENT COULD NOT SUPPORT ITS OPERATIONS AND THE DEBT, AND SOC SEC, ETC. ETC. ON 23%.

 

THIS BILL IS A DISGUISE FOR A GIGANTIC TAX INCREASE

 

BEWARE OF BILLS THAT USE "SOUND BITES"

 

READ EVERY LINE AND DETERMINE THE CAUSE & EFFECT

1/6/2009--Introduced.

Fair Tax Act of 2009 - Repeals the income tax, employment tax, and estate and gift

tax. Redesignates the Internal Revenue Code of 1986 as the Internal Revenue

Code of 2009.

Imposes a national sales tax on the use or consumption in the United States of

taxable property or services. Sets the sales tax rate at 23% in 2011, with

adjustments to the rate in subsequent years. Allows exemptions from the tax for

property or services purchased for business, export, or investment purposes, and

for state government functions.

Sets forth rules relating to: (1) the collection and remittance of the sales tax; and (2)

credits and refunds. Allows a monthly sales tax rebate for families meeting certain

size and income requirements.

Grants states the primary authority for the collection of sales tax revenues and the

remittance of such revenues to the Treasury. Sets forth administrative provisions

relating to: (1) the filing of monthly reports and payments of tax; (2) accounting

methods; (3) registration of sellers of goods and services responsible for reporting

sales; (4) penalties for noncompliance; and (5) collections, appeals, and taxpayer

rights.

Directs the Secretary of the Treasury to allocate sales tax revenues among: (1) the

general revenue; (2) the old-age and survivors insurance trust fund; (3) the disability

insurance trust fund; (4) the hospital insurance trust fund; and (5) the federal

supplementary medical insurance trust fund.

Prohibits the funding of the Internal Revenue Service (IRS) after FY2013.

Establishes in the Department of the Treasury: (1) an Excise Tax Bureau to

administer excise taxes not administered by the Bureau of Alcohol, Tobacco,

Firearms, and Explosives (ATF); and (2) a Sales Tax Bureau to administer the

national sales tax.

Terminates the sales tax imposed by this Act if the Sixteenth Amendment to the U.

S. Constitution (authorizing an income tax) is not repealed within seven years after

the enactment of this Act.

Congressional Legislation
Fair Tax Act of 2009 Bill # H.R.25 Original Sponsor: John Linder (R-GA 7th) Cosponsor Total: 62 (last sponsor added 07/27/2010)   61 Republicans   1 Democrats
About This Legislation: 1/6/2009--Introduced. Fair Tax Act of 2009 - Repeals the income tax, employment tax, and estate and gift tax. Redesignates the Internal Revenue Code of 1986 as the Internal Revenue Code of 2009. Imposes a national sales tax on the use or consumption in the United States of taxable property or services. Sets the sales tax rate at 23% in 2011, with adjustments to the rate in subsequent years. Allows exemptions from the tax for property or services purchased for business, export, or investment purposes, and for state government functions. Sets forth rules relating to: (1) the collection and remittance of the sales tax; and (2) credits and refunds. Allows a monthly sales tax rebate for families meeting certain size and income requirements. Grants states the primary authority for the collection of sales tax revenues and the remittance of such revenues to the Treasury. Sets forth administrative provisions relating to: (1) the filing of monthly reports and payments of tax; (2) accounting methods; (3) registration of sellers of goods and services responsible for reporting sales; (4) penalties for noncompliance; and (5) collections, appeals, and taxpayer rights. Directs the Secretary of the Treasury to allocate sales tax revenues among: (1) the general revenue; (2) the old-age and survivors insurance trust fund; (3) the disability insurance trust fund; (4) the hospital insurance trust fund; and (5) the federal supplementary medical insurance trust fund. Prohibits the funding of the Internal Revenue Service (IRS) after FY2013. Establishes in the Department of the Treasury: (1) an Excise Tax Bureau to administer excise taxes not administered by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF); and (2) a Sales Tax Bureau to administer the national sales tax. Terminates the sales tax imposed by this Act if the Sixteenth Amendment to the U.S. Constitution (authorizing an income tax) is not repealed within seven years after the enactment of this Act.
Detailed, up-to-date bill status information on H.R.25

Congressional Legislation
Fair Tax Act of 2009 Bill # H.R.25 Original Sponsor: John Linder (R-GA 7th) Cosponsor Total: 62 (last sponsor added 07/27/2010)   61 Republicans   1 Democrats
About This Legislation: 1/6/2009--Introduced. Fair Tax Act of 2009 - Repeals the income tax, employment tax, and estate and gift tax. Redesignates the Internal Revenue Code of 1986 as the Internal Revenue Code of 2009. Imposes a national sales tax on the use or consumption in the United States of taxable property or services. Sets the sales tax rate at 23% in 2011, with adjustments to the rate in subsequent years. Allows exemptions from the tax for property or services purchased for business, export, or investment purposes, and for state government functions. Sets forth rules relating to: (1) the collection and remittance of the sales tax; and (2) credits and refunds. Allows a monthly sales tax rebate for families meeting certain size and income requirements. Grants states the primary authority for the collection of sales tax revenues and the remittance of such revenues to the Treasury. Sets forth administrative provisions relating to: (1) the filing of monthly reports and payments of tax; (2) accounting methods; (3) registration of sellers of goods and services responsible for reporting sales; (4) penalties for noncompliance; and (5) collections, appeals, and taxpayer rights. Directs the Secretary of the Treasury to allocate sales tax revenues among: (1) the general revenue; (2) the old-age and survivors insurance trust fund; (3) the disability insurance trust fund; (4) the hospital insurance trust fund; and (5) the federal supplementary medical insurance trust fund. Prohibits the funding of the Internal Revenue Service (IRS) after FY2013. Establishes in the Department of the Treasury: (1) an Excise Tax Bureau to administer excise taxes not administered by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF); and (2) a Sales Tax Bureau to administer the national sales tax. Terminates the sales tax imposed by this Act if the Sixteenth Amendment to the U.S. Constitution (authorizing an income tax) is not repealed within seven years after the enactment of this Act.
Detailed, up-to-date bill status information on H.R.25

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From: Phil Hamilton <ph...@phasearch.com>
To: grad...@googlegroups.com
Sent: Tue, August 31, 2010 8:03:12 PM

[Elizabeth]

The chances of HR 25 passing the House this year are slim at best,
even in the lame duck session in November and December. Once the
Congress adjourns for the year in Dec., all bills "die" and therefore
would need to be re-introduced next year for consideration in the
112th Congress that convenes Jan., 2011. Also, the best way to contact
Congress so that they actually get the message is via GradeGov.
GradeGov sends the messages via personal email accounts in all 535
Members of Congress' office instead of dumping the messages into the
Senate/House designed email system. Those messages only go to a
computer system. GradeGov's messages go to a live person in each
office. It makes a BIG difference. Keep the faith!

[Dick Haynes]

What are you going to do with the $4697.00 in prebate under the FairTax?

--
Dick Haynes