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  • Solutions for Less Taxing Taxes
    Apr 15, 2009  - To most Americans, 37 hours is practically a workweek.  To the Internal Revenue Service, it is the amount of time they estimate it takes a taxpayer to prepare the basic short form.    It’s no wonder. According to the Tax Foundation, as of 2005, the Internal Revenue Code contained over two million... More
  • Forbes Supports Simpler, Fairer Tax Plan for American Families
    Apr 15, 2009  - Congressman J. Randy Forbes (VA-04) announced today that he has cosponsored a simpler and fairer tax plan for American families, the Freedom Flat Tax Act. The legislation would create an optional flat tax that would eliminate taxes on savings, capital gains, and dividends, and allow individuals to a... More
  • Now Rising Food Prices
    May 9, 2008  - Rising gas prices. Rising mortgage costs. Rising health care costs. Now rising food prices. The rising costs of these non-discretionary items have caused significant strain on personal and family budgets. Making the adjustment from paying $15 for a half-tank of gas to paying $30 for a half-tank of g... More
  • Forbes Cosponsors Bill to Spur Long-Term Economic Growth
    Apr 9, 2008  - Congressman J. Randy Forbes (VA-04) announced today that he has signed onto H.R. 5109, the Economic Growth Act.  The bill would provide permanent tax incentives to small businesses to spur long-term economic growth by amending the Internal Revenue Code of 1986.   “Restoring predictability in our ec... More
  • Instant Economy Boost?
    Feb 7, 2008  - “Get an instant energy boost!” “Restore, revive, and invigorate your life.” “Get a jumpstart to your morning with this energy bar.” “Provides instant stabilization to your well-being.” These slogans from popular energy bars give consumers appealing guarantees – the snacks will provide the boo... More
  • Forbes Supports Bill to Prevent Tax Increases for Families and Small Businesses
    Aug 14, 2007  - Congressman J. Randy Forbes (VA-04) announced today that he has cosponsored legislation to make permanent the tax relief measures passed in 2001 and 2003. If these tax cuts expire, it will cost Americans $400 billion per year. The Tax Increase Prevention Act (H.R. 2734) will prevent millions of hard... More
  • Forbes Supports Legislation to Help Working Families
    Aug 10, 2007  - Congressman J. Randy Forbes (VA-04) announced today that he has cosponsored legislation to encourage and grow the personal savings of low-income families. Introduced by Rep. Stephanie Tubbs Jones, H.R. 1514, the Savings for Working Families Act, aims to create 900,000 matched savings accounts for wo... More
  • Forbes Cosponsors Tax Relief Measures
    May 9, 2007  - Congressman J. Randy Forbes (VA-04) announced today his support for two pieces of tax relief legislation, the Death Tax Repeal Act and the Capital Gains Inflation Relief Act. “Tax relief has played a significant role in boosting economic growth and improving the financial futures of Americans,” Forb... More
  • Forbes Votes Against Biggest Tax Increase in History
    Mar 29, 2007  - Congressman J. Randy Forbes (VA-04) voted against the 2008 Budget Resolution today, H.Con.Res. 99, which would inflict the largest tax increase in American history – nearly $400 billion over five years and an average tax increase of $3,119 for Virginia taxpayers. “The growth of our economy, fueled b... More
  • Surviving Tax Season
    Mar 23, 2007  - W2’s flood your mailbox and you begin notice a sudden increase in advertisements for TurboTax or H&R Block, all providing a clear reminder that tax season is just around the corner. With all of the 1040EZs, Form 1120s, adjustments, schedules, child tax credits, and more, its no wonder that just ... More

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