Republicans in their 2017 overhaul capped the deduction as a way
to pay for some of their $1.5 trillion cut for individuals and
corporations. Read More.
Simple tax codes with low rates are the best. A bad tax code will
prompt large and small businesses to waste resources on useless
tax gimmicks instead of making their businesses better and more
profitable servants of public demand. Read More.
ACA advocates for the adoption of Residency-based Taxation (RBT)
and supports advancing Congressman Holding’s legislation, Tax
Fairness for Americans Abroad Act of 2018 (TFAA), which was
introduced in December of 2018. Read More.
Tom Wheelwright does not like tariffs. “I’m not advocating a
VAT,” Wheelwright said.... “There is a whole list of good reasons
not to have a VAT.... Read More.
The cap on state and local tax (SALT) deductions has already begun to drive Opens a New Window. some residents away from high-tax Opens a New Window. states like New York and New Jersey, but experts say that trend is only going to intensify. Read More.
President Trump says he is standing up for America. It’s more
sensible to not cause other countries to impose retaliatory
tariffs on U.S. imports, when the real solution is so much
simpler. Replace this nightmare called our income tax system with
The FAIRtax. Read More.