Tom Emmer on Tax Reform
Congressional Summary: This bill imposes a national sales tax in lieu of the current income and corporate income tax, employment taxes, and estate and gift taxes. The rate of the sales tax will be 23% in 2017, with adjustments in subsequent years. U.S. residents receive a monthly sales tax rebate (Family Consumption Allowance) based upon family size and poverty guidelines. No funding is allowed for the operations of the Internal Revenue Service after FY2019. Finally, the FairTax terminates if the 16th Amendment to the Constitution (authorizing an income tax) is not repealed within 7 years.
Supporters reasons for voting YEA: Rep. MORAN: I am all on board on tax reform, but the best solution is not tinkering with the current system; it is an overhaul of the current Tax Code. The FairTax, in my view, brings two goals front and center: to pass on to the next generation of Americans the freedoms and liberties guaranteed by our Constitution, and the opportunity for every American to live the American dream.
Opponents reasons for voting NAY: (by FairTaxWarrior.com):
|2016-17 Governor, House and Senate candidates on Tax Reform:||Tom Emmer on other issues:|
Special elections in 2017 (Democrats):
CA-34:Gomez(D; elected June 6)
Newly-elected Democrats seated Jan.2017:
Special elections in 2017 (Republicans):
KS-4:Estes(R; elected April 11)
GA-6:Handel(R; elected June 20)
MT-0:Gianforte(R; elected May 25)
SC-5:Norman(R; elected June 20)
Newly-elected Republicans seated Jan.2017: