Matching real people, asking real questions about their money, with experienced Financial Advisors. You’ll hear answers to important questions like: Is now the right time to buy a house? What to do if your business fails? How should I be saving to cover the cost of college? How much do I really need to retire and am I on track? Join us as our guests share their stories around life's major moments. And hear the difference a conversation can make. Hosted by Morgan Stanley Wealth Management’s J ...
…
continue reading
Content provided by Steve Stewart. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steve Stewart or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Player FM - Podcast App
Go offline with the Player FM app!
Go offline with the Player FM app!
A simpler and fair solution to taxes
MP3•Episode home
Manage episode 113114153 series 30339
Content provided by Steve Stewart. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steve Stewart or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
#167: Is it possible to have a simple and fair solution to the US tax code? Yes, it's called the FairTax. 105 years ago the 16th Amendment was passed allowing the US Government to levy an income tax on corporations. Somewhere along the way things changed and we find ourselves buried under 74,000 pages of tax code. Which is simpler: 74,000 pages or 133? The FairTax turns our complicated system into a medium sized book. The FairTax is much simpler: No more income tax withholding No more filing taxes on April 15th No more missed deductions No more taxes on interest earned or capital gains No more unfair tax breaks No more unreported revenues No more IRS audits What the FairTax does is: Allows us to bring our entire paycheck home (minus voluntary retirement savings, health insurance, etc) Sends every person with a US address and Social Security number, regardless of citizenship, money to cover the sales tax paid on the necessities of life (food, shelter, clothing, energy, etc) Reduces the price of goods and services we buy Taxes EVERYBODY, even visitors to our country (legally or illegally) Taxes us only on new products and services we buy Funds Government programs, including THE MILITARY, Social Security and Medicare Makes US products more competitive in the global market Will increase demand for goods and services, thus creating more jobs Becomes more progressive as people who earn more, spend more For more information, visit the show notes at https://moneyplansos.com/a-simple-and-fair-solution-to-taxes-the-fairtax/
…
continue reading
201 episodes
MP3•Episode home
Manage episode 113114153 series 30339
Content provided by Steve Stewart. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steve Stewart or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
#167: Is it possible to have a simple and fair solution to the US tax code? Yes, it's called the FairTax. 105 years ago the 16th Amendment was passed allowing the US Government to levy an income tax on corporations. Somewhere along the way things changed and we find ourselves buried under 74,000 pages of tax code. Which is simpler: 74,000 pages or 133? The FairTax turns our complicated system into a medium sized book. The FairTax is much simpler: No more income tax withholding No more filing taxes on April 15th No more missed deductions No more taxes on interest earned or capital gains No more unfair tax breaks No more unreported revenues No more IRS audits What the FairTax does is: Allows us to bring our entire paycheck home (minus voluntary retirement savings, health insurance, etc) Sends every person with a US address and Social Security number, regardless of citizenship, money to cover the sales tax paid on the necessities of life (food, shelter, clothing, energy, etc) Reduces the price of goods and services we buy Taxes EVERYBODY, even visitors to our country (legally or illegally) Taxes us only on new products and services we buy Funds Government programs, including THE MILITARY, Social Security and Medicare Makes US products more competitive in the global market Will increase demand for goods and services, thus creating more jobs Becomes more progressive as people who earn more, spend more For more information, visit the show notes at https://moneyplansos.com/a-simple-and-fair-solution-to-taxes-the-fairtax/
…
continue reading
201 episodes
همه قسمت ها
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.