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Category: Taxes



  • TPA Joins Coalition Urging FATCA Repeal

    Michi Iljazi on April 11, 2017

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    While comprehensive tax reform continues to be a work in progress for Congress; there are some measures that Washington must take to chip away at a bloated tax code that sometimes works against Americans. One example is repealing the Foreign Account Tax Compliance Act (FATCA). Any tax reform package no matter how big or small must include repeal of FATCA. While FATCA was sold under the heading of a way to catch wealthy tax dodgers, instead it has harmed many innocent Americans and threatened financial privacy in a way that no law should ever carry out. That is why the Taxpayers Protection Alliance (TPA) signed a letter urging House and Senate Leadership to include FATCA repeal in any type of tax reform legislation. Repealing FATCA is critical to preserving the financial privacy of U.S. citizens, which have been eroded by federal agencies like the Internal Revenue Service for years now. Repealing of FATCA will also help to preserve and strengthen the financial freedoms and choices of all Americans.

    Click "Red Blog" below to see the full letter

    » Read More
  • Avoiding Tax Reform Potholes

    David Williams on April 10, 2017

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    This article originally appeared in Morning Consult on March 29, 2017

    With health care reform on pause, Washington now turns the spotlight on the next big ticket item from the Trump administration legislative agenda: comprehensive tax reform. And while there has been much discussion on Capitol Hill about the GOP tax reform blueprint, “A Better Way” which was introduced by House Speaker Paul Ryan (R-Wis.) and Ways and Means Committee Chairman Kevin Brady (R-Texas), the White House has so far kept details about its own plan close to the vest. That could soon change. 

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  • Interest Deductibility and Full Expensing are Possible in Tax Reform

    Ross Marchand on April 5, 2017

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    Transforming our nation’s moss covered tax-and-regulatory apparatus will take patience and consensus building, as demonstrated by the latest row over health care reform. Eager to reset the tone on policy reform, Congress and the Trump Administration will attempt a gargantuan rewrite of the tax code (the first since 1986). But, gone are the days when the Republicans can get away with claiming “tax reform” by only slashing individual rates. Business owners have grown weary of the cumbersome filing process that creates just another barrier to hiring and expanding. In particular, firms trying to write-off assets such as computers and furniture must grapple with a complicated depreciation schedule which favors some industries but condemns others to high tax burdens. Firms focused on acquiring the latest technologies are especially at a disadvantage, given how quickly the lifespan of “average” machines change. According to the IRS, computers have an asset life of 5 years, but this determination rewards companies that hold onto their computers for the full five years.

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  • BREAKING: TPA and CFIF Release Findings from Poll on Border Adjustment Tax

    Mchi Iljazi on March 29, 2017

    Today, the Taxpayers Protection Alliance (TPA) and the Center for Individual Freedom (CFIF) released findings from a new poll conducted to find out how the public viewed the Border Adjustment Tax (BAT), priorities for tax reform, and components of what may be included in upcoming legislation from Congress.  The poll was conducted with a nationwide sample of 1001 likely voters (margin of error, 3.1 percent) with an additional oversample of 200 likely Republican voters.

    Here are some of the key findings:

    • Despite general support for exports and manufacturing, there is limited enthusiasm among consumers for paying more for goods to encourage those things.  
    • There’s clarity among respondents that the border adjustment will raise prices.
    • A clear majority of voters prefer tax cuts to be accompanied by reductions in federal spending rather than increases in other taxes.  Just 18 percent indicated they favored the current approach of offsetting tax increases; 72 percent (82 percent among Republicans) said they favored cuts in federal spending.
    • Trust in Congress is limited. Just 29 percent of voters said they trusted Congress to pass the legislation in a way that helps consumers; 63 percent said they did not trust Congress to do that.  Among Republicans, 67 percent trust President Trump more than Congress on tax reform; only 11 percent trust Congress more.

    » Read More
  • GOP's Border Tax Will Kill Blue-Collar Jobs and Harm Consumers

    David Williams on March 14, 2017

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    This article appeared in The Hill on March 8, 2017

    Some big multinational corporations, like GE and Boeing, are waging a dishonest campaign to pass the ill-conceived Border Adjustment Tax (BAT). One of their biggest falsehoods is that there is a “Made in America Tax” that discriminates against products built in domestic factories. Nothing could be further from the truth. The reality is that imports face consumption taxes in the U.S. at the state and local level, and exports are taxed similarly in the overseas markets where they are sold. While there are many inequities in the existing tax code that impede businesses and job creation, the BAT won’t make the American economy more competitive, and it is likely to destroy manufacturing jobs, not create them.

    » Read More
  • Taxpayers Protection Alliance Reacts to President Trump’s Speech

    David Williams on February 28, 2017

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    WASHINGTON, D.C. – The Taxpayers Protection Alliance (TPA) has a mixed evaluation of President Donald Trump’s speech to Congress and the American people. With a national debt nearing $20 trillion, spending is out of control. TPA is disappointed that President Trump has called for more Defense spending. TPA is also disheartened that he did not address Washington’s runaway spending. Taxpayers should be encouraged that the President is committed to comprehensive tax and regulatory reform.

    Click "Read Blog" to see TPA's full reaction to the Trump Address. 

    » Read More
  • President Trump Must Address Taxes, Spending, and Regulatory Reform in Address to Congress

    Ross Marchand on February 28, 2017

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    Tonight, President Trump will ascend to the lectern and articulate his policy vision to a joint session of Congress. Presidents have used past joint sessions to focus on a myriad of issues, from voting rights to foreign foes to economic policy. But as the new President makes his first address on Capitol Hill, the plight of the taxpayer could and should take the forefront.

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  • Beneficiaries of the Export-Import Bank Also Love the Border Adjustment Tax

    Michi Iljazi on February 21, 2017

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    This article originally appeared in Inside Sources on Feb 15, 2017

    Comprehensive tax reform is one of the most important components to growing the economy. The tax code is outdated, too long, and harming small businesses and working families. Even though there is universal agreement about passing tax reform, and the president last week said to expect a “phenomenal” tax package to be unveiled in the coming weeks, a provision in the Republicans’ plan, the Border Adjustment Tax (BAT), could throw cold water on the timing of tax reform. Supporters of the BAT claim they need this provision to pay for the tax cut, but the reality is that the BAT will result in a tax increase for consumers and benefit many firms who are already receiving corporate welfare through the Export-Import Bank.

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  • TPA Joins Coalition Urging Opposition to Indiana Tax Bill

    Michi Iljazi on February 20, 2017

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    As states look to ways to contain or fix looming budget shortfalls, there are a number of legislatures around the country that are looking to raise taxes in a number of ways that will only harm consumers and taxpayers, while likely falling short on projected revenue leaving the states in a position where taxpayers will continue to be at risk from lawmakers eager to fill the remaining budget gaps. In Indiana, lawmakers are considering a new sales tax bill that is not only unconstitutional, but will discourage entrepreneurs from doing business in the state of Indiana and will likely result in retaliatory measures from tax-heavy states including nearby neighbor Illinois. TPA signed a letter to Indiana lawmakers sent by the R Street Institute opposing the bill, S.B. 545 and TPA will continue to fight against any attempts to increase taxes in the states and at the federal level. 

    Click "Read Blog" to see the full letter

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  • Border Tax Would Punish Consumers, Kill Jobs

    David Williams on February 9, 2017

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    This article appeared in the Milwaukee Journal Sentinel February 6, 2017

    While there is broad consensus on the need to rein in the regulatory reach of the federal government, there is growing disagreement over tax reform.

    Since the election of President Donald Trump, the stock market has rallied to historic highs as investors have expressed their bullish confidence that the new Republican governing majority in Washington will usher in policies that create strong and sustained economic growth. This optimism is being fueled by the prospects for sweeping tax and regulatory reform. While there is broad consensus on the need to rein in the regulatory reach of the federal government, there is growing disagreement over tax reform. The stakes of this debate couldn’t be higher for Speaker Paul Ryan (R-Wis.) and his Republican colleagues in the House of Representatives. It has been more than 30 years since Ronald Reagan last reformed our tax code. In the three decades since, Washington special interests and lobbyists have littered the tax code with complicated deductions and loopholes that reward the biggest corporations at the expense of middle America. The existing tax code picks winners and losers, discourages growth and has punished working families who have seen their wages stagnate over the last decade, fueling the discontent in the electorate that resulted in Donald Trump’s victory.

    » Read More
  • Summer Reading: Axe the Tariffs

    Ross Marchand on July 13, 2018


    Summer is here, but before the Administration, members of Congress, and staffers ditch the neckties and head for vacation, the Taxpayers Protection Alliance (TPA) has assigned Summer Reading. As in previous years, we’ve highlighted some of the best editorials, statements, white papers, and interviews for elected and unelected officials and staff to dwell on as they lounge beach or poolside. These representatives of the American people can rest easy knowing that, unlike the fifth grade, they won’t be tested on these materials promptly upon their return. But, TPA will continue to hold lawmakers and Administration officials accountable in ensuring that taxpayers and consumers are free from government meddling in their lives. » Read More
  • TPA Agrees With Steve Forbes: Congress Should Look at Spending Cuts Instead of Border Adjustment for Tax Reform

    Michi Iljazi on January 26, 2017

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    The Taxpayers Protection Alliance (TPA) today published an open letter to congressional Republicans authored by visionary conservative and publishing icon Steve Forbes. The letter, which appeared in today’s edition of The Wall Street Journal, warns Republicans in Congress that their majority could be at stake if they continue to pursue a border adjustment tax to pay for corporate tax reform. Mr. Forbes argues that border adjustment is “a costly new national sales tax on imports, one that will dramatically raise prices of everyday goods and services,” and continues by saying “Congress would be wise to focus their attention on spending cuts.”

    » Read More
  • TPA Releases Roadmap to Fiscal Sanity for 115th Congress

    Michi Iljazi on January 25, 2017

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    This week, the Taxpayers Protection Alliance (TPA) released a series of issue briefs for the 115th Congress titled Roadmap to Fiscal Sanity.  The publication puts forward an aggressive reform agenda for Congress. The publication focuses on 14 different policy areas where reform is needed to help reduce the size of government, cut spending, enact tax reform, and help get the economy back on track.  Issues covered in the publication include Defense Spending, Earmarks, Energy, Health Care, Intellectual Property, Mergers, Regulatory Reform, Solar Subsidies, Tax Reform, Telecommunications Policy, Trade Policy, United Nations/World Health Organization and United States Postal Service Reform. TPA President David Williams said of the release, “The newly elected Congress has No More Excuses for not acting on real and meaningful reform when it comes to reducing spending and getting the debt under control. TPA’s Roadmap to Fiscal Sanity provides a path forward.”

    » Read More
  • TPA Starts New Online Polling Page!

    Michi Iljazi on January 12, 2017

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    This week, the Taxpayers Protection Alliance (TPA) is beginning a new series of polls (participate here) that we’ll be doing throughout the year. It is important to hear from everyone on the issues that Washington will be tackling in the coming. Topics will range from spending, taxation, regulation, transparency, and any issue that’s important to taxpayers. The first in our series of polls will be focused on how best to grow our economy.

    » Read More
  • Taxpayer New Years Resolutions for 2017

    David Williams and Michi Iljazi on January 2, 2017

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    The New Year has begun, and after saying goodbye to 2016, taxpayers are ready to welcome 2017.  While many people resolve to shed a few pounds and break some bad habits, this year’s list of resolutions highlights all of the major issues that the Taxpayers Protection Alliance (TPA) will focus on throughout the year.


    Congress


    The resolution for Congress in 2017 is clear: No More Excuses. Washington (including the incoming Trump administration) have no more excuses for not getting things done for taxpayers. On a wide range of issues, including tax reform and regulatory reform, members of the House and Senate can longer make excuses for not doing the necessary work to fix some of the major problems impacting taxpayers. It is time for Congress to get to work. For more on Congress, click here

    Click "Read Blog" below to see all of TPA's 2017 Resolutions!

    » Read More
  • NetChoice on New Internet Sales Taxes in Tennessee

    Carl Szabo on December 21, 2016

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    Below is testimony from Carl Szabo, Senior Policy Counsel with NetChoice, stating opposition to the Tennessee Department of Revenue Proposed Regulation 1320-05-01-.63; 1320-05-01-.129 – Creating a New Tax Rule. The testimony was given on December 14, 2016 and it can also be found online here.


    We ask you to reject the Department of Revenue’s Regulation 1320-05-01-.63; 1320-05-01-.129 (“Rule”) as it creates costs, burdens, and new taxes on Tennessee citizens. This Rule’s problems began with its introduction and will continue through the expected legal battles. And if the Rule were to survive constitutional challenges, it would impose new burdens on your businesses and citizens.

    Click "read blog" below to see the full tesimony

    » Read More
  • TPA to Washington in 2017: No More Excuses!

    David Williams on December 17, 2016

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    The Taxpayers Protection Alliance (TPA) is closing out 2016 with a message for Congress and the incoming Trump administration: No More Excuses!

    Over the past several years, Congress has dropped the ball in coming together on solutions to very real and solvable problems that are impacting taxpayers and businesses. Now, with the likely prospect of a Congress and White House that are seemingly aligned on some of the major issues facing the country, there is no reason that many of those problems can’t be solved over the course of 2017. Hence, no more excuses.

    » Read More
  • The Lame Duck Is No Time to Cripple Internet Commerce

    Steve DelBianco on November 28, 2016

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    Today is Cyber Monday, the first Monday after Thanksgiving.  People are encouraged to purchase holiday gifts online with retailers offering internet-only deals.  The first Cyber Monday was in 2005 and recorded $389 million in sales while last year's total eclipsed $2.2 billion.  This year, analysts expect $3.36 billion in sales.  Cyber Monday is also a good time to remind Congress about the dangers of passing the Marketplace Fairness Act, aka an online sales tax.  The following op-ed by Steve DelBianco of NetChoice (originally posted on November 16, 2016 in Morning Consult) is a good reminder why MFA should not be passed in a lame duck session of Congress or ever.

    Click "read more" below to see the op-ed

    » Read More
  • Taxpayer-Funded UN Anti-Tobacco Convention Closes Out the Press

    Kevin Mooney on November 7, 2016

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    This article originally appeared in The Washington Examiner on November 1, 2016


    Calling all media with an interest in healthcare policy, international relations and government accountability: The taxpayer-funded World Health Organization is holding a meeting in New Delhi next week that could have significant public policy ramifications. But you're not invited. Neither are members of the public who foot the bill for WHO's activities and other critical stakeholders who provide critical insight into pressing questions on the intersection of healthcare and law enforcement. So, what gives? Why such secrecy?

    » Read More
  • Amendment 72: Colorado Voters Should Reject Massive Tobacco Tax Increase

    Michi Iljazi on November 2, 2016

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    This article originally appeared in The Complete Colorado on October 18, 2016

    Among the many bad measures on Colorado’s November ballot is Amendment 72, which would triple Colorado’s tobacco tax, with the goal of raising over $300 million in annual revenue, create new government programs, and expand existing ones. Amendment 72 would lock that new revenue and spending in to the state constitution, outside the oversight of the General Assembly, and outside the revenue limits in the Taxpayer’s Bill of Rights (TABOR). But, a look at similar  initiatives from states around the country shows that these types of tax increases amount to little more than Fools’ Gold in generating revenue. If the amendment passes, it will not only raise tobacco taxes, it will also give state agencies a blank check to spend the money wherever they want because there are no specific areas designated for the spending. That lack of clarity should raise an alarm for any voter who cares about fiscally responsible government.

    » Read More
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