Archive for February 2007
The Fair Tax Act, Part XXXII
February 28, 2007 · Category: Education, Uncategorized
We'll touch briefly on registration certificates again, then begin on penalties.
`SEC. 504. REGISTRATION CERTIFICATES.
`The sales tax administering authority shall issue certificates of registration to registered sellers and such other ...
Posted by James Kidd · No Comments »
The Fair Tax Act, Part XXXI
February 26, 2007 · Category: Education
Section 502 covers some rules regarding the registration of businesses:
`SEC. 502. REGISTRATION.
`(a) In General- Any person liable to collect and remit taxes pursuant to section 103(a) who is engaged ...
Posted by James Kidd · 2 Comments »
The Fair Tax Act, Part XXX
February 23, 2007 · Category: Education
Wrapping up Section 501...
`(f) Determination of Report Filing Date- A report filed pursuant to subsection (a) shall be deemed filed when--
...
Posted by James Kidd · 14 Comments »
The Fair Tax Act, Part XXIX
February 20, 2007 · Category: Education, Uncategorized
Continuing on with filing requirements for businesses:
`(c) Extensions for Filing Reports-
`(1) AUTOMATIC EXTENSIONS FOR NOT MORE ...
Posted by James Kidd · 2 Comments »
The Fair Tax vs. Negative Income Tax
February 14, 2007 · Category: Uncategorized
Milton Friedman was often known for favoring a negative income tax, in lieu of traditional welfare systems.
The negative income tax, if you are not familiar with it, is a proposal whereby you would essentially get ...
Posted by James Kidd · 2 Comments »
The Fair Tax Act, Part XXVIII
February 12, 2007 · Category: Education
Moving into some very specific details about how a business would have to comply with the FairTax, we find a lot of rules that are similar to how big businesses handle state sales taxes today:
SEC. ...
Posted by James Kidd · No Comments »
The Fair Tax Act, Part XXVII
February 9, 2007 · Category: Education
This section is very short and only sets forth the jurisdiction of the States' governments and the Federal government for the administration of the FairTax.
`SEC. 407. JURISDICTION.
`(a) State Jurisdiction- ...
Posted by James Kidd · 8 Comments »
Exciting News from Rep. John Linder
Below is a letter I received today from John Linder's e-mail distribution list.
With so much happening on Capitol Hill during the change from Republican to Democrat control, I have not had an opportunity to update ...
Posted by Joshua Zader · 30 Comments »
The Fair Tax Act, Part XXVI
February 8, 2007 · Category: Education
Trying to get back in the saddle here, but this part of the bill is, admittedly, boring. Section 406 lists some rules regarding statute precedence and how long it takes for new statutes to ...
Posted by James Kidd · No Comments »
The Fair Tax Act, Part XXV
February 1, 2007 · Category: Education
My apologies for not posting earlier. My wife has been ill and work has been pretty crazy, but I have a little time here so I will add some more Fair Tax Bill to ...
Posted by James Kidd · 2 Comments »
