Americans For Fair Taxation
 

 

"The very word 'secrecy' is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths, and to secret proceedings.” - John F. Kennedy

Shhhh... It's A Senate Secret

Founding Father Thomas Paine said, “These are the times that try men’s soul.” 

I can only imagine the incredible shame that Paine and our other Founding Fathers would feel today if they knew how the U.S. Senate’s top tax writers have “promised their colleagues 50 years of secrecy in exchange for suggestions on what deductions and credits to preserve in tax reform.”

If your Senator is a member of the Senate Finance Committee, you no longer have to pretend that the person you thought represented YOU, cares one iota what you think, or has a care in the world about the disastrous impact the current tax code is having on you, your family or your ability to get and keep gainful employment. 

They have one concern and one concern only – protecting “K” street special interests loopholes and exemptions being “discussed” in the name of “comprehensive tax reform.”   

Translation: hold on to your wallet, it is about to get very, very thin. As The Hill reports, “this illustrates the enormous pressure being brought to bear by K Street lobbyists, who are working furiously to protect their clients and the tax provisions that benefit them.”

This Committee had an alternative: Operate in full transparency to those who elected them. Supporting S. 122, the FairTax Act, requires no secrecy, no begging, has no carve outs and doesn't need the National Archives to provide a cloak of darkness for cowardly Members who pander to special interests while pretending in public to represent the hard working people who elected them and pay their salary.

So, what do you do?

First, don’t waste your time contacting your Senator. If they cared about what you think, they would not have pulled this stunt in the first place. Instead, contact your local news organizations and make sure they know what has happened (do not assume they know) and let them know exactly what you think.

Second, send this article and your thoughts toeveryone you know by email, Facebook, Twitter, blogs and any other communications vehicle you utilize.  Ensure that every American taxpayer understands the cowardly actions this body of Congress has taken to avoid any accountability to the American people who elected them to office. 

Third, please consider a one-time donation of $5, $10, $15 or more to help us defray our costs in getting this urgent message out to America. 

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Finally, here is a link listing the members of the Senate Finance Committee. On Tuesday, November 4, 2014, some members of this committee will stand for re-election. When you go to the polls, remember this day. Remember their actions. 

Remember.    

Until next week, 

Cynthia T. Canevaro - Cindy

Cindy Canevaro

Executive Director

Share Our 'Top Secret' Press Release

Today, AFFT sent out the following media release in response to the Senate Finance Committee's misguided decision to promise 50 years of secrecy to Members in exchange for their suggestions on tax reform deductions and credits:

top secret press release

The FairTax Picture Of The Week

FairTax Florida Progressive

FairTax supporter Bob Fowinkle makes his point loud and clear to anyone passing by in Bradenton, Florida.

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The FairTax Act In The News

Tax writers promise 50 years of secrecy for senators' suggestionsThe Hill

The Senate’s top tax writers have promised their colleagues 50 years worth of secrecy in exchange for suggestions on what deductions and credits to preserve in tax reform.

Senate Finance Committee Chairman Max Baucus (D-Mont.) and the panel’s top Republican, Sen. Orrin Hatch (Utah), assured lawmakers that any submission they receive will be kept under lock and key by the committee and the National Archives until the end of 2064…

Baucus told The Hill he fully expects more senators to participate in writing because of the secrecy guarantee.

“Several senators have said to me how important that is to them,” Baucus said. “It’s quite significant.”..

The Global Race to the Bottom in Corporate TaxesUS News and Global Report

The U.S. has the highest combined corporate tax rate of all OECD nations, at 39.1 percent, but it wasn't always this way. That rate, which consists of the federal rate of 35 percent combined with average state rates, is in fact low by historical standards. Throughout much of the 1950s and 1960s, the top federal tax rate for U.S. corporations was over 50 percent, placing America in the middle of the pack among OECD countries. It was only in the 1980s that the rate came down to the mid-30s range that corporations enjoy today.

"You can no longer tax corporations the way you used to because corporations will in fact move," says Kyle Pomerleau, economist at the Tax Foundation, a conservative think tank. "In the '50s, America was the best place to do business in the world. We could charge corporations high rates because they wouldn't move or couldn't move."..

"Many jurisdictions out there do not have the politicized tax code that we do. ... Our tax code has been used over many, many years to drive political agendas and hand out tax deductions to industry sectors," says Stephen Chipman, CEO of Grant Thornton, a tax advisory firm with hundreds of corporate clients. Because of the byzantine rules, he says, some of his firm's foreign clients are "horrified by complexity and cost of filing their taxes in the U.S."..

"Understanding The FairTax" Webinar

With July’s Special Topic: History of the income tax

When: Thursday, July 25, 2013

Time: 8 pm Eastern, 7 pm Central, 6 pm Mountain, 5 pm Pacific

Where: At your personal computer, anywhere!

Why: To provide an interactive forum for people who cannot get to local meetings to learn about the FairTax and to present special topics that are frequently misunderstood or not generally discussed.

Who: Guest presenter, Paul Livingston, District Director from Jacksonville, FL will be your host

Join: To participate, register here and watch for the confirmation email. For more information contact Larry Walters at repeal_16@earthlink.net

Link for July 26, 2013

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Featured Video:

FairTax senior strategist Denis Calabrese

Isn't it a stretch to say the IRS will go away?

 Ways to Engage:

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- Join the webinar

- Understand basics

FairTax Fact:

The FairTax will end the sale of tax favors to the rich, politicallyto the rich, politically connected, and special interest lobbying groups!

Featured Paper:

FairTax Overview

The FairTax Overview

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