Uncategorized Archive

The Fair Tax Act, Part LX

June 5, 2007  ·  Category: Uncategorized
Covering Section 905 today, which is an item that in my opinion requires further research before I could discuss the impact: `SEC. 905. WITHHOLDING OF TAX ON NONRESIDENT ALIENS AND FOREIGN CORPORATIONS. ...
Posted by James Kidd  ·  13 Comments »

The Fair Tax Act, Part XXXV

March 12, 2007  ·  Category: Uncategorized
Now we will move into some taxpayer protections under the FairTax (something the current law doesn't have much of). `SEC. 506. BURDEN OF PERSUASION AND BURDEN OF PRODUCTION. `In all disputes ...
Posted by James Kidd  ·  No Comments »

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 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 »

Blogging the Bill for 2007

January 11, 2007  ·  Category: Uncategorized
Folks, I have been blogging the Fair Tax Act of 2005 for several weeks, but now the 2007 bill is upon us. Due to personal business I haven't had time to go over the entire 2007 ...
Posted by James Kidd  ·  2 Comments »