House Republicans won’t be so quick to defund the IRS if they find this out!
#FairTaxAct

How to sneak #UBI past Wall Street Lobbyists... can it be done? #FairTaxAct https://www.youtube.com/watch?v=bmolsX3H88U

@cshentrup I'm really stoked about the Forward Party but that's years off from making a dent and maybe we don't have years to wait

Any sort of UBI implementation such as in the #FairTaxAct with an undodgeable stream (we talked about this before) is becoming a critical issue and barring the Fed from retailing CBDC direct to citizens are key issues that don't appear to have the spicy hype train they should but maybe that's not helping anyway

RT @thewebbix@twitter.com

The #RepublicanTaxHeist claims 23%. But if described like typical tax rates work, the rate is really 30%, via the Tax Policy Center (TPC). Some experts say the national sales tax might need to be as high as 60% to replace lost revenue. #FairTaxAct
https://www.taxpolicycenter.org/taxvox/here-comes-fairtax-again

🐦🔗: https://twitter.com/thewebbix/status/1618327394951258113

The #FairTaxAct is our first real shot at #UBI and you're SLEEPING ON IT folks!

#FairTaxAct "A 23% sales tax is regressive because it impacts the poor the most. To make it more progressive, the Fair Tax Act includes a provision that all Americans would receive a monthly “prebate" that would be equal to 23% of the monthly cost of living at the federal poverty level. For example, the poverty level for a family of four is $27,750 in 2022, according to the Department of Health and Human Services, so the prebate would be $6,383.4" https://www.thebalancemoney.com/what-is-the-fair-tax-plan-pros-cons-effect-3305765

https://americanindependent.com/joe-biden-speech-house-republicans-fairtax-act-2023-irs-national-sales-taxes/ Analysis of the #GOP proposal by the nonpartisan Institute on Taxation and Economic Policy found that the Republican Orwellian named #FairTaxAct "would impose a 30% federal sales tax on EVERYTHING WE BUY – groceries, cars, homes, health care, school tuition – and lead to a giant tax shift from the well-off to everyone else."
Eliminate current tax credits for middle-income earners, and credits for insurance premiums charged under the #AffordableCareAct.

Perfect example of the shift that today's #Republican party has made away from what it once was.

Left image - Their "Fair" Tax Act would have taxed EVERYONE the SAME amount.

Right image - "["Fair" Tax Act] explicitly rejects the position, and the principles, of the original Republican Party." - HCR
"[T]he burdens will be more equalized on all classes of the community, more especially on those who are able to bear them." - Senator William Pitt Fessenden (R-ME)

#FairTaxAct #Taxes #IncomeTaxes

RT @MichaelMechanic@twitter.com

I wrote up 5 things you should know about the so-called Fair Tax Act. It's not gonna pass, but silly ol' @SpeakerMcCarthy@twitter.com is calling a vote on it anyway—because he's beholden to @HouseGOP@twitter.com loonbags. @MotherJones@twitter.com #FairTaxAct #FAIRtax https://www.motherjones.com/politics/2023/01/fair-tax-act-earl-carter-house-vote-bill-abolish-irs-income-taxesvote-on-a-bill-to-abolish-the-irs-and-income-taxes/

🐦🔗: https://twitter.com/MichaelMechanic/status/1616238968395399168

RT @RhutaBhayga2@twitter.com

Hey #MAGA
#Republicans want to add a 30% tax on your gun and ammo purchases.

I think this is a GREAT idea.

Don't believe me?

Look up #fairtaxact.

🐦🔗: https://twitter.com/RhutaBhayga2/status/1616207701977223168