The United States of America has separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees. In 2020, taxes collected by federal, state, and local governments amounted to 25.5% of GDP, below the OECD average of 33.5% of GDP. The United States had the seventh-lowest tax revenue-to-GDP ratio among OECD countries in 2020, with a higher ratio than Mexico, Colombia, Chile, Ireland, Costa Rica, and Turkey.
A flat tax is a tax with a single rate on the taxable amount, after accounting for any deductions or exemptions from the tax base. It is not necessarily a fully proportional tax. Implementations are often progressive due to exemptions, or regressive in case of a maximum taxable amount. There are various tax systems that are labeled "flat tax" even though they are significantly different. The defining characteristic is the existence of only one tax rate other than zero, as opposed to multiple non-zero rates that vary depending on the amount subject to taxation.
Neal A Boortz Jr. is an American author, former attorney, and former libertarian radio host. His nationally syndicated talk show, The Neal Boortz Show, which ended in 2013, was carried throughout the United States. The content of the show included politics, current events, social issues, and topics of interest, which Boortz discussed with callers, correspondents, and guests. Boortz touched on many controversial topics.
John Elmer Linder is an American politician who was a member of the United States House of Representatives from 1993 to 2011. His district was numbered the 4th from 1993 to 1997, the 11th from 1997 to 2003, and the 7th from 2003 until 2011. He is a member of the Republican Party.
FairTax is a single rate tax proposal which has been proposed as a bill in the United States Congress regularly since 2005 that includes complete dismantling of the Internal Revenue Service. The proposal would eliminate all federal income taxes, payroll taxes, gift taxes, and estate taxes, replacing them with a single consumption tax on retail sales.
An income trust is an investment that may hold equities, debt instruments, royalty interests or real properties. It is especially useful for financial requirements of institutional investors such as pension funds, and for investors such as retired individuals seeking yield. The main attraction of income trusts, in addition to certain tax preferences for some investors, is their stated goal of paying out consistent cash flows for investors, which is especially attractive when cash yields on bonds are low. Many investors are attracted by the fact that income trusts are not allowed to make forays into unrelated businesses; if a trust is in the oil and gas business, it cannot buy casinos or motion picture studios.
Neil Darrow Strauss, also known by the pen names Style and Chris Powles, is an American author, journalist and ghostwriter. He is best known for his book The Game: Penetrating the Secret Society of Pickup Artists, in which he describes his experiences in the seduction community in an effort to become a "pickup artist." He is a contributing editor at Rolling Stone and also wrote regularly for The New York Times.
Americans For Fair Taxation (AFFT), also known as FairTax.org, is a U.S. political advocacy group based in Clearwater, Florida that is dedicated to fundamental tax code replacement. It is made up of volunteers who are working to get the Fair Tax Act enacted in the United States – a plan to replace all federal payroll and income taxes with a national retail sales tax and monthly tax "prebate" to households of citizens and legal resident aliens.
The Fair Tax Act is a bill in the United States Congress for changing tax laws to replace the Internal Revenue Service (IRS) and all federal income taxes, payroll taxes, corporate taxes, capital gains taxes, gift taxes, and estate taxes with a national retail sales tax, to be levied once at the point of purchase on all new goods and services. The proposal also calls for a monthly payment to households of citizens and legal resident aliens as an advance rebate of tax on purchases up to the poverty level.
Nerilka's Story is a science fiction novella by the American-Irish author Anne McCaffrey. Nerilka's Story became the eighth book in the Dragonriders of Pern volume series.
The Indian Revenue Service, often abbreviated as IRS, is an Indian government agency that is primarily responsible for collecting and administering direct and indirect taxes. As a central civil service under Group A of the executive branch of the Government of India, it functions under the Department of Revenue of the Ministry of Finance and is under the administrative direction of the Revenue Secretary and the ministerial command of the Minister of Finance.
ReganBooks was an American bestselling imprint or division of HarperCollins book publishing house, headed by editor and publisher Judith Regan, started in 1994 and ended in late 2006. During its existence, Regan was called, by LA Weekly, "the world's most successful publisher". The division reportedly earned $120 million a year. ReganBooks focused on celebrity authors and controversial topics, sometimes from recent tabloids.
The Fair Tax Act is a bill in the United States Congress for changing tax laws to replace the Internal Revenue Service (IRS) and all federal income taxes, payroll taxes, corporate taxes, capital gains taxes, gift taxes, and estate taxes with a national retail sales tax, to be levied once at the point of purchase on all new goods and services. The proposal also calls for a monthly payment to households of citizens and legal resident aliens as an advance rebate of tax on purchases up to the poverty level. The impact of the FairTax on the distribution of the tax burden is a point of dispute. The plan's supporters argue that it would decrease tax burdens, broaden the tax base, be progressive, increase purchasing power, and tax wealth, while opponents argue that a national sales tax would be inherently regressive and would decrease tax burdens paid by high-income individuals.
Citizens for an Alternative Tax System (CATS) was a national tax reform public interest group in the United States active from 1990 until 2005. The organization's Las Vegas chapter proposed "that Congress should eliminate the IRS and all income taxes, corporate and personal; estate, gift and inheritance taxes, plus many excise taxes; replacing them with a single-rate tax on consumption—a national retail sales tax.
The Fair Tax Act is a bill in the United States Congress for changing tax laws to replace the Internal Revenue Service (IRS) and all federal income taxes, payroll taxes, corporate taxes, capital gains taxes, gift taxes, and estate taxes with a national retail sales tax, to be levied once at the point of purchase on all new goods and services. The proposal also calls for a monthly payment to households of citizens and legal resident aliens as an advance rebate of tax on purchases up to the poverty level.
Miss America is the second book by American radio personality Howard Stern. It was released on November 7, 1995 by ReganBooks and written in collaboration with Larry "Ratso" Sloman and edited by Judith Regan. In August 1995, Stern announced his deal with ReganBooks to write a follow-up to his first Private Parts (1993), which had become a nationwide commercial success. Stern wrote the book in the summer of 1995, and covers a variety of topics such as his experiences with obsessive-compulsive disorder, on-air rivalries with other radio personalities, and a private meeting with Michael Jackson in an attempt to revive the singer's career.
An Inconvenient Tax is a 2010 documentary film produced by Life Is My Movie Entertainment. The film explores the history of the income tax in the United States and the causes of its many complexities.
Tax protester arguments are arguments made by people, primarily in the United States, who contend that tax laws are unconstitutional or otherwise invalid.
The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States. The duties of the IRS include providing tax assistance to taxpayers; pursuing and resolving instances of erroneous or fraudulent tax filings; and overseeing various benefits programs, including the Affordable Care Act.
The Indian Revenue Service (Income Tax) (IAST: Bhāratīya Rājasva Sevā), often abbreviated as IRS (IT), is the administrative revenue service of the Government of India. As a Central Service, it functions under the Department of Revenue of the Ministry of Finance and is under the administrative direction of the Revenue Secretary and the ministerial command of the Minister of Finance. The IRS is primarily responsible for collecting and administering direct taxes accruing to the Government of India.
