The following video on the Value Added Tax was produced by Steve Abramson:  

Fighting in Trade War by Former U.S. Senator Ernest F. Hollings Our founding fathers were politicians who believed in government.   They didn’t have economists hovering over them to make sure they created growth for the economy i.e. “don’t cut spending; don’t increase taxes”.  Economists act like globalization is a recent…

The biggest trade problem we have may be the foreign VAT system.  Most countries tax our exports through value added taxes (VAT) averaging 17%, which is separate from tariffs.  They also subsidize their exports to us through VAT rebates.  Here is a CPA primer on the VAT issue. China is…

The following is an essay by Former U.S. Senator Ernest F. Hollings To create jobs and pay down the debt all the President and Congress need to do is eliminate the 35% Corporate Tax and replace it with a 6% Value Added Tax.  The “value added” is measured by the…

Favoring China by Former U.S. Senator Ernest F. Hollings After the dismal job report last week President Obama tried to put the best light on it by stating: “We have created 4.4. million jobs in the last 28 months.”  The Princeton Economist Alan Blinder estimated in 2006 that the U.S….

CPA (Coalition for a Prosperous America) member Hugh Campbell is a CPA (certified public accountant).  I was trolling through my old emails and found this explanation, by Hugh, of the foreign value added tax (VAT)/consumption tax problem. Over the last two decades a significant number of U.S. Trading partners have…

Reposted from The New York Times ****** A Tax Code of Politics, Not Reason Eduardo Porter | April 10, 2012 | NY Times The deadline for filing tax returns is almost upon us. If you are like me, you must be pondering how such a rich, high-technology democracy as the…

Reposted from The New York Times ****** Romney Details Tax Overhaul John Harwood | February 22, 2012 | The New York Times Mitt Romney, seeking to kick-start his presidential campaign among recalcitrant conservatives, on Wednesday proposed cutting the top income tax for individuals to 28 percent while holding out the…

Reposted from the SMC Government News ***** Election 2012 -“Meet the Candidates in the New 12th District” Dave Frengel (CPA Board member, CPA PA Steering Committee Chair)  |  SMC Government News  |  February 23, 2012 The Coalition for a Prosperous America in collaboration with SMC Business Councils, THE CHAMBER of…

February 21, 2012 News Release Contact:  Sara Haimowitz, 413-341-3166 [email protected] The Coalition for a Prosperous America Hosted “Meet the Candidate of PA 12” The Coalition for a Prosperous America (CPA) held “Meet the Candidates of PA 12” at the Sheraton Pittsburgh North this morning.  Candidates Keith Rothfus (R, challenger), Jason…