UBS: We Won?t Give Up Names

www.moneynews.com 2009 Reuters. Friday, July 10, 2009 9:14 AM ZURICH (Reuters) – Swiss bank UBS was braced on Friday for a high-stakes trial in the United States next week that could force it to reveal secret client data, as a last-minute deal remained elusive. It was unclear whether UBS, one of the world’s largest wealth [...]

India the Latest to Stone the Dollar

moneynews.newsmax.com Thursday, July 9, 2009 7:57 AM By: Sean Hyman In the past several weeks, three of the four BRIC nations ? Brazil, Russia, and China ?have expressed doubt over the dollar?s reserve status and expressed worries over the U.S. debt. India had been the only BRIC nation that had remained silent on the dollar [...]

Geithner: Derivatives Blindsided Us

www.moneynews.com Friday, July 10, 2009 4:10 AM WASHINGTON — Treasury Secretary Timothy Geithner is telling lawmakers the U.S. economy stumbled last year in part because the power and risks of an explosive derivatives market blindsided the government. In congressional testimony prepared for delivery Friday, Geithner said the ease with which derivatives were bought and sold [...]

Federal Reserve Deputy Kohn: Please Don’t Let GAO Audit Us!

www.moneynews.com Agence France Presse. Friday, July 10, 2009 7:55 AM WASHINGTON ? Federal Reserve deputy chairman Donald Kohn on Thursday defended the U.S. central bank’s independence, saying congressional oversight could interfere with monetary policymaking. If the Government Accountability Office (GAO), the investigative arm of Congress, were authorized to audit the Fed, that “could cast a [...]

Senate Supporters of Obama’s $787-Billion Stimulus Insist It’s Working Despite Declining Economy, Rising Unemployment

www.cnsnews.com Friday, July 10, 2009 By Matt Cover Washington (CNSNews.com) – Senators who voted for the Obama administration’s $787-billion economic stimulus bill defended its performance, saying that despite a weaker-than-expected economy, the stimulus was not a failure and they were not disappointed in the results so far. Republican supporters of the Obama economic plan said [...]

Some Residents Want the Fair Tax Act Now

From WCTV Posted: 6:12 PM May 12, 2009 Last Updated: 6:12 PM May 12, 2009 Reporter: La’Tasha Givens Email Address: latasha.givens@wctv.tv The talk about fair taxes continues to grow in the Rose City just weeks after the tea party protest held around the country And one man is on a mission to tell people about [...]

Thomasville, GA FairTax Follow-up Survey

If you were are the FairTax Meeting in Thomasville, thank you for taking the time to come learn about the FairTax. Please take just a few more moments to answer these questions about the meeting. Also, we would appreciate any comments you have about the meeting below. If you would like to get more involved [...]

FairTax Script for National Debate Tournament

We are really proud of our FairTaxSOWEGA member , Kyle Constable.  Kyle is a high school freshman and is active in the Lee County High School Debate Team.  He has advanced to the National Debate Tournament and has chosen FairTax as his debate topic.  Kyle shared his FairTax Script for the nation Debate Tournament and [...]

Interesting Tax Articles – More Reasons We Need Fair Tax

Here are two recent articles that just continue to illustrate why we need the FairTax: The FairTax, as you know, eliminates the death tax. A book by a Univ. of Southern Cal professor, McCaffrey, makes it clear that the death tax is counter productive and easily avoided. One of the professors mentioned in this article is [...]

Even the IRS Says the Tax Code has “Overwhelming Complexity”

In the annual report to Congress, released January 7, 2009 by the National Taxpayer Advocate for the IRS, Nina Olson said, “The largest source of compliance burdens for taxpayers, and the IRS, is the overwhelming complexity of the tax code” and “The only meaningful way to reduce these burdens is to simplify the tax code [...]

Our Broken Tax System Just Keeps Growing and Growing….

Here are a couple of good news stories that continue to illustrate that our tax system is broken and needs not to be reformed, but to be replaced with a simple and fair tax system. From the Los Angeles Times – Broken tax code snagged Obama’s Treasury pick If Timothy Geithner — the guy Obama [...]

FairTax Bill – HR 25 has been Reintroduced in the 111th Congress

The FairTax Bill – HR 25 has been Reintroduced in the 111th Congress. A message from Representative John Linder: I am extremely happy to tell you that HR 25, the FairTax, has been reintroduced and is alive and well in the 111th Congress.  Not only that, the FairTax has been dropped with more original co-sponsors [...]

CNN to Broadcast I.O.U.S.A.

An Announcement from Peter G. Peterson Foundation CNN to Broadcast I.O.U.S.A. The public has spoken, and we’ve listened. In response to demand for information about our country’s financial challenges, CNN/U.S. will air the broadcast premiere of the acclaimed documentary I.O.U.S.A. on on Saturday, January 10 at 2:00 p.m. EST and on Sunday, January 11 at [...]

The FairTax and the Importance of GRASSROOTS

In my quest to get the Fair Tax word out by working for a grassroots effort, I came up with the idea to bring up the word and meaning of “grassroots”. From my experience when some people want change they wait for someone else to do all the work. You can not be affective if [...]

Comparing FAIR TAX against FLAT TAX

It has been brought to my attention that there is some confusion about Flat Tax and Fair Tax being the same thing. This is not the case. Flat Tax can easily be reverted back to Income Taxation as we know today. Fair Tax is progressive and transparent, with a “prebate”.  This means it will be [...]

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