Dear Senator,
Please vote to extend the Bush Tax Cuts.
The Bush tax cuts, enacted in 2001 and 2003, will fully and automatically expire as of Dec. 31, 2010.
If these tax cuts expire, my family, my daughter, and my employees will suddenly experience a massive tax rate increase, as will almost all working Americans.
We can't afford the extra that will be sucked out of our paychecks and sent to the Government.
Look at what will happen:
35% bracket will increase to 39.6%
33% bracket will increase to 36%
28% bracket will increase to 31%
25% bracket will increase to 28%
10% and 15% will condense to 15%
Capital gains tax will increase from 15% to 20%
Tax on dividends will increase from 15% to 39.6%
The U.S. is facing one of the worst recessions since the Great Depression.
Senator, it is IMPERATIVE that Congress fully and completely renew the Bush tax cuts; and do so without delay to ensure public confidence in the markets and economy.
Sincerely,
Dr. Chris Albritton
Abilene, TX
Showing posts with label Fair Tax. Show all posts
Showing posts with label Fair Tax. Show all posts
Friday, September 10, 2010
Wednesday, September 30, 2009
LET’S RAISE THEIR TAXES…!
LET’S RAISE THEIR TAXES…!
Democrats in Congress are going to allow the Bush tax cuts of 2001 and 2003 to expire, resulting in what the Wall Street Journal called “the biggest tax increase in our nation’s history”.
Once these tax cuts are allowed to expire, taxpayers will face an estimated total of almost $2.4 trillion in additional taxes.
That means about 17 million seniors will face an estimated average tax increase of $2,034 each.
When these tax cuts are allowed to expire:
· The Marriage Penalty will be reinstated, costing married couples almost $1,500 per year on average.
· 26 million small business owners will face an average tax increase of $3,637.
· And, the Death Tax will return to its former high rate, which has been a leading cause of the demise of small businesses. This will cost American families an estimated $91 billion.
President Obama wants to raise tax rates on dividends and capital gains, causing stocks to lose an estimated additional $90-billion-plus in value.
And then if Congress passes it’s “cap-and-trade” energy plan into law, the cost to each American household will average about $4,6093 per year in higher taxes and energy prices, appearing on your electric bill, gas bill, water bill, phone bill, and at the gasoline pumps.
Americans already pay, on average, an estimated 35 to 40 percent of their earnings each year in federal taxes. We are simply taxed out the wahzoo.
How much more “hope and change” can American families afford?
Democrats in Congress are going to allow the Bush tax cuts of 2001 and 2003 to expire, resulting in what the Wall Street Journal called “the biggest tax increase in our nation’s history”.
Once these tax cuts are allowed to expire, taxpayers will face an estimated total of almost $2.4 trillion in additional taxes.
That means about 17 million seniors will face an estimated average tax increase of $2,034 each.
When these tax cuts are allowed to expire:
· The Marriage Penalty will be reinstated, costing married couples almost $1,500 per year on average.
· 26 million small business owners will face an average tax increase of $3,637.
· And, the Death Tax will return to its former high rate, which has been a leading cause of the demise of small businesses. This will cost American families an estimated $91 billion.
President Obama wants to raise tax rates on dividends and capital gains, causing stocks to lose an estimated additional $90-billion-plus in value.
And then if Congress passes it’s “cap-and-trade” energy plan into law, the cost to each American household will average about $4,6093 per year in higher taxes and energy prices, appearing on your electric bill, gas bill, water bill, phone bill, and at the gasoline pumps.
Americans already pay, on average, an estimated 35 to 40 percent of their earnings each year in federal taxes. We are simply taxed out the wahzoo.
How much more “hope and change” can American families afford?
Monday, May 25, 2009
Dear Senator Cornyn,
No new taxes for socialized medicine!
One of the ideas being proposed by the Senate Finance Committee is to pay for government-run health care by raising taxes on beverages. This tax scheme is a bad one, and would cost everyone that enjoys soda, sports drinks or alcoholic beverages. Raising taxes on the American people during a recession is bad policy, regardless of what the money will supposedly be spent on.
Leaders in the Senate are planning on paying for the government takeover of healthcare with massive taxes on soda and alcoholic beverages. It’s a hefty chunk of change: beer would be up 145% per six pack, the liquor tax would increase $2.54 per fifth, and the soda tax could be raised as well.
Those who want to see a Canadian-style socialized health care system have managed to sneak reconciliation language into the budget which means that Senator Reid and his allies can limit debate of this monumental decision and pass sweeping changes to our health care system with only 51 votes. That’s why every vote counts to preserve the choice and freedom we have.
This is something America just can’t afford right now – these tax hikes mean less money in our own pockets and a severe hit to the already suffering restaurant business and their employees.
I'd like to see you publicly state your opposition to the beverage tax idea.
Sincerely,
Dr. Chris Albritton
No new taxes for socialized medicine!
One of the ideas being proposed by the Senate Finance Committee is to pay for government-run health care by raising taxes on beverages. This tax scheme is a bad one, and would cost everyone that enjoys soda, sports drinks or alcoholic beverages. Raising taxes on the American people during a recession is bad policy, regardless of what the money will supposedly be spent on.
Leaders in the Senate are planning on paying for the government takeover of healthcare with massive taxes on soda and alcoholic beverages. It’s a hefty chunk of change: beer would be up 145% per six pack, the liquor tax would increase $2.54 per fifth, and the soda tax could be raised as well.
Those who want to see a Canadian-style socialized health care system have managed to sneak reconciliation language into the budget which means that Senator Reid and his allies can limit debate of this monumental decision and pass sweeping changes to our health care system with only 51 votes. That’s why every vote counts to preserve the choice and freedom we have.
This is something America just can’t afford right now – these tax hikes mean less money in our own pockets and a severe hit to the already suffering restaurant business and their employees.
I'd like to see you publicly state your opposition to the beverage tax idea.
Sincerely,
Dr. Chris Albritton
Tuesday, April 14, 2009
Patriotic to pay more taxes...???
Dear President Obama,
Vice President Joe Biden said during the 2008 campaign that it is patriotic for Americans to pay more in taxes.
Since taking over control of Washington, the Democrats have decided we should all be more "patriotic" having passed or proposed more than $5 trillion in new spending and $1.4 trillion in new taxes.
And I do not approve of the $1.4 trillion in new taxes, $636 billion in higher energy taxes, the staggering redistribution of wealth and wasteful spending you are prescribing as a cure for the economic crisis.
To hold the Democrats in Washington accountable for their record tax, spend and borrow schemes, I am sending a virtual tea bag to protest your plans to raise taxes on every American this Tax Day.
Sincerely,
Dr. Chris Albritton
Vice President Joe Biden said during the 2008 campaign that it is patriotic for Americans to pay more in taxes.
Since taking over control of Washington, the Democrats have decided we should all be more "patriotic" having passed or proposed more than $5 trillion in new spending and $1.4 trillion in new taxes.
I don't believe that it is patriotic to pay more taxes.
And I do not approve of the $1.4 trillion in new taxes, $636 billion in higher energy taxes, the staggering redistribution of wealth and wasteful spending you are prescribing as a cure for the economic crisis.
To hold the Democrats in Washington accountable for their record tax, spend and borrow schemes, I am sending a virtual tea bag to protest your plans to raise taxes on every American this Tax Day.
Sincerely,
Dr. Chris Albritton
Monday, March 23, 2009
Obama's MASSIVE Budget
Dear Senator Cornyn,
I urge you to reject President Obama's budget, which taxes and spends at a rate that Americans like me today, and my children and grandchildren tomorrow, simply cannot afford.
The nonpartisan Congressional Budget Office (CBO) has predicted that the Obama budget would push the federal deficit to a mind-numbing $1.85 trillion this year and pile up $9.3 trillion in deficits over the next decade, on top of the existing $11 trillion national debt. CBO called these deficits "unsustainable."
What's more, the President's budget would impose a whole host of new and higher taxes just as our economy is struggling to emerge from its current recession. The $636 billion income tax increase on individuals and small businesses would discourage entrepreneurship and stifle job creation. The plan for a cap-and-trade energy system would raise the costs of electricity, gasoline, and other products and services that I purchase. I've seen estimates that this so-called "light bulb tax" could cost American families as much as $3,100 annually!
I also understand that the House and Senate leadership are considering a parliamentary maneuver, called "budget reconciliation," to stifle debate on the President's budget and ram through its controversial policies on energy and nationalized healthcare. Such far-reaching changes to our economy and society merit time for careful debate and consideration, not only within the halls of Congress but also among Americans like me. I urge you to oppose any such anti-democratic maneuver.
We cannot continue on our current course of taxing, borrowing, and
spending. America needs a budget that cuts spending, promotes fiscal
responsibility, and encourages economic growth. President Obama's budget advances none of these goals.
Sincerely,
Dr. Chris Albritton
2533 Woodlake Dr
Abilene, TX 79606-4301
I urge you to reject President Obama's budget, which taxes and spends at a rate that Americans like me today, and my children and grandchildren tomorrow, simply cannot afford.
The nonpartisan Congressional Budget Office (CBO) has predicted that the Obama budget would push the federal deficit to a mind-numbing $1.85 trillion this year and pile up $9.3 trillion in deficits over the next decade, on top of the existing $11 trillion national debt. CBO called these deficits "unsustainable."
What's more, the President's budget would impose a whole host of new and higher taxes just as our economy is struggling to emerge from its current recession. The $636 billion income tax increase on individuals and small businesses would discourage entrepreneurship and stifle job creation. The plan for a cap-and-trade energy system would raise the costs of electricity, gasoline, and other products and services that I purchase. I've seen estimates that this so-called "light bulb tax" could cost American families as much as $3,100 annually!
I also understand that the House and Senate leadership are considering a parliamentary maneuver, called "budget reconciliation," to stifle debate on the President's budget and ram through its controversial policies on energy and nationalized healthcare. Such far-reaching changes to our economy and society merit time for careful debate and consideration, not only within the halls of Congress but also among Americans like me. I urge you to oppose any such anti-democratic maneuver.
We cannot continue on our current course of taxing, borrowing, and
spending. America needs a budget that cuts spending, promotes fiscal
responsibility, and encourages economic growth. President Obama's budget advances none of these goals.
Sincerely,
Dr. Chris Albritton
2533 Woodlake Dr
Abilene, TX 79606-4301
Monday, March 16, 2009
Letter to Congressman Randy Neugebauer on the FairTax Issue:
Dear Randy,
Please support Iowa Congressman Steve King in his "Special Order" on the House floor on Tuesday March 17, as he talks about the FairTax. I encourage you to join him on the House floor.
We all know that President Obama plans to increase our taxes, and the Congressman and other members will be contrasting these planned tax hikes with the FairTax and all it can do to stimulate our economy.
Thank you for your previous support of H.R. 25, the FairTax bill.
Please join Congressman King on the floor tomorrow night in support of the FairTax during this highly-visible floor session.
Randy, I sincerely appreciate all that you do in support of conservative ideology for the Abilene area.
Gratefully,
Dr. Chris Albritton Abilene, TX
Dear Randy,
Please support Iowa Congressman Steve King in his "Special Order" on the House floor on Tuesday March 17, as he talks about the FairTax. I encourage you to join him on the House floor.
We all know that President Obama plans to increase our taxes, and the Congressman and other members will be contrasting these planned tax hikes with the FairTax and all it can do to stimulate our economy.
Thank you for your previous support of H.R. 25, the FairTax bill.
Please join Congressman King on the floor tomorrow night in support of the FairTax during this highly-visible floor session.
Randy, I sincerely appreciate all that you do in support of conservative ideology for the Abilene area.
Gratefully,
Dr. Chris Albritton Abilene, TX
Monday, September 25, 2006
I support the FairTax
A national retail sales tax to replace the income tax system will greatly improve the nation's economy, help to increase the national savings rate, and bring simplicity and fairness to the federal tax system.
The FairTax proposal is a comprehensive plan to replace federal income and payroll taxes, including personal, gift, estate, capital gains, alternative minimum, Social Security/Medicare, self-employment, and corporate taxes.
The FairTax proposal integrates such features as a progressive national retail sales tax, and a rebate to ensure that no American pays federal taxes up to the poverty level.
My employees would get to take home their whole paychecks.
Currently, I have to withhold federal income tax and SS tax from my employee’s paychecks.
Under FairTax, no federal income taxes or payroll (SS) taxes would be withheld from their paychecks. They would get to keep all that they earn. No tax on used goods. The amount you pay to fund the government is totally visible.
With the FairTax you are only taxed once on any good or service; the sales tax is charged just as state sales taxes are today. If you choose to buy used goods - used car, used home, used appliances - you do not pay the FairTax.
If, as a business owner or farmer, you buy something for strictly business purposes (not for personal consumption), you pay no consumption tax.
When you decide what to buy and how much to spend, you see exactly how much you are contributing to the government with each purchase.
The FairTax proposal is a comprehensive plan to replace federal income and payroll taxes, including personal, gift, estate, capital gains, alternative minimum, Social Security/Medicare, self-employment, and corporate taxes.
The FairTax proposal integrates such features as a progressive national retail sales tax, and a rebate to ensure that no American pays federal taxes up to the poverty level.
My employees would get to take home their whole paychecks.
Currently, I have to withhold federal income tax and SS tax from my employee’s paychecks.
Under FairTax, no federal income taxes or payroll (SS) taxes would be withheld from their paychecks. They would get to keep all that they earn. No tax on used goods. The amount you pay to fund the government is totally visible.
With the FairTax you are only taxed once on any good or service; the sales tax is charged just as state sales taxes are today. If you choose to buy used goods - used car, used home, used appliances - you do not pay the FairTax.
If, as a business owner or farmer, you buy something for strictly business purposes (not for personal consumption), you pay no consumption tax.
When you decide what to buy and how much to spend, you see exactly how much you are contributing to the government with each purchase.
Subscribe to:
Posts (Atom)
Posts
