Like universal health care, every other industrialized country in the world already has a value-added tax (as do about 100 emerging countries).

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This video is longer than most online videos but, it is a must watch for people who wish to become aware of what income tax is doing to our country. Sherry Peel Jackson is an ex-IRS agent who is now a Federal Prisoner because of what she has learned about the tax laws.

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With the federal government claiming the right to buy, manage or regulate virtually everything in the private sector, it's refreshing (excuse the pun) to see Coca-Cola's CEO fight back.

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Tell me when this idea gets some attention. The more people who like this idea, the more it gets noticed

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Here's a telling line from the story: "Peter Zeidenberg, a litigation partner at the law firm DLA Piper in Washington, said he, too, is he seeing more people with undeclared assets seeking information about their legal options."

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The plan also would make it harder for individuals to stash money in overseas accounts to avoid taxation. Obama will roll out his ideas in an announcement at 11:05 a.m. EDT, where he will be joined by Treasury Secretary Timothy Geithner.

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President Barack Obama used tax filing day Wednesday to hold out hope for stressed-out taxpayers that he'll pare down the "monstrous" tax code to make it easier to file.

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"There are a lot of similarities (between California and Oregon) in terms of things that you look at, but I know the biggest difference was the level of state income tax involved," Juelsgaard said.

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"Let's take a look at the top 1 percent, the truly "evil" in the Obama-Pelosi-Reid worldview. According to the IRS, they earn about 20 percent of the income in America, but pay 40 percent of the income tax. The top 5 percent pay 60 percent of the income tax.

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From Brain-Terminal.com: Congressman Charles Rangel seems to be having trouble with his taxes. The thing is, he's the chairman of the committee responsible for writing the tax laws. If the tax code is too confusing for him, what hope do the rest of us have?

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President-Elect Obama, "Tear Down This Tax Code!" Abolish the I.R.S...that would be Real "Change"

President-Elect Obama, Do you want to be considered by all, Democrat and Republican, conservative and liberal, rich and poor, the greatest President of all-time? Abolish the I.R.S., and start over with a Tax Policy that is fair to everyone!

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S. 31 To amend the Internal Revenue Code of 1986 with respect to the proper tax treatment of certain indebtedness discharged in 2009 or 2010, and for other purposes.

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The truth is that the chief executives of the Big Three automakers could have hitchhiked to Washington to beg for alms and they still would have been raked over the coals. But the fact that they came in their corporate jets was a bit much.

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Seizing on comments Sen. Barack Obama (D-IL) made to "Joe the Plumber," Sen.

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This will be very interesting - a direct and intentional challenge to the IRS from preachers expressing their political views to their congregations.

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The Democratic congressman who writes the tax code will be meeting the tax collector. Republicans couldn't be happier.

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House Ways and Means Chairman Charles Rangel of New York admitted last week that in recent years he has underpaid his taxes by about $10,000. Republicans are demanding that he step down as chairman pending an Ethics Committee investigation, but we're more sympathetic.

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Kurt Hauser is a San Francisco investment economist who, 15 years ago, published fresh and eye-opening data about the federal tax system. His findings imply that there are draconian constraints on the ability of tax-rate increases to generate fresh revenues.

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The number refers to a section of the U.S. Tax Code that governs a controversial method of financing political campaigns.

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Every year, as way to make itself feel important and useful, the federal government makes modifications to the tax code.

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College is one of the most expensive investments a parent can make in a child's future.

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"Disagreement with the IRS is not fraud of the IRS, is not deception," Barnes said. "It was an attempt to engage the IRS, to go through the IRS procedures and processes and see who's right."

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Universities and schools that long relied on alternative investments such as hedge funds to grow their endowments are adding money more slowly to these loosely regulated portfolios, researchers said on Thursday. For years endowments plowed ever bigger amounts of money into alter …

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...The also-ran presidential candidate Fred Thompson has proposed a voluntary flat tax. Back when another candidate, some guy associated with a magazine that competes against Fortune, advocated a flat tax, I always thought it was a kooky idea.

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WASHINGTON -- The lead tax architect in Congress on Thursday unveiled a sweeping package of cuts and increases, which could become the blueprint for the Democrats' initiative to overhaul the tax code and restore what party members view as fairness in the U.S. economy.

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