As we look past Tax Day towards Election Day 2012, I encourage you to check out some of the excellent work Americans for Tax Reform is doing to protect taxpayers nationwide.
In an effort to push back against President Obama’s class warfare campaign rhetoric, ATR highlighted the pure political gamesmanship of the Obama Administration’s call for the “Buffett Rule.” According to our analysis, the tax code is already steeply-progressive. In fact, most taxes in America are paid by top earners, who face the highest tax rates. There is clearly no benefit to this rule other than to distract Americans from focusing on the important issues such as jobs and economic growth.
On April 16, ATR hosted our annual Tax Day Eve press conference with prominent conservative leaders and Ways and Means Committee Chairman Dave Camp (R-MI). All the speakers focused on the need to reform the tax code to make it simpler, flatter, and fairer. You can watch the whole press conference on C-SPAN.
I recently penned an op-ed for the Wall Street Journal entitled "Trickle-Down Taxation", which highlights the need for Americans to keep vigilant against the promises of politicians to tax only the rich. All tax hikes eventually hit the middle class. The Alternative Minimum Tax was imposed in 1969 because 115 households investing in municipal bonds reportedly paid little or no federal income tax. It is now set to hit 27 million more—raising an estimated $120 billion.
Finally, with the focus on the presidential campaign, you may have missed the news that California is no longer the world’s eighth largest economy. ATR State Affairs Director Patrick Gleason and I explain in Politico why energy policy has lead Brazil to surpass California in terms of economic size.
Americans for Tax Reform
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