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Cut Spending Now!

December 03, 2012 J

Washington has an unsustainable spending problem. With federal spending up $1 trillion since 2007 and a national debt exceeding $16 trillion, it is long post time to rein in spending. Take action today and tell Congress that it’s time to break its out-of-control spending habit. Like this post? Chip in $5 to AFP.

No New Energy Taxes

March 26, 2012 J

With the price of gasoline skyrocketing you’d think that Washington would be doing everything it could to ease the price and the impact on your wallet. Well, you’d be wrong.

Believe it or not, Harry Reid’s tax-and-spend gaggle in the Senate are responding to soaring gas prices by, you guessed it, trying to raise taxes on oil and gas companies. Of course, higher taxes mean higher prices; it’s just common sense.

The bill is S. 2204, offered by Senator Menendez from New Jersey. Not only does it seek to jack up taxes on oil and gas when we can least afford it, but it also handpicks a range of so-called green technologies for special tax breaks. This bill tries to prop them all up: electric cars, cellulosic biofuels, wind, ethanol blender pumps, and on and on.

Take action today and tell your senators not to make gas even more expensive

General Assembly Buries the Death Tax!

March 13, 2012 J

The Indiana General Assembly took an important step towards economic freedom by passing Senate Bill 293 on the last day of the legislative session. SB 293 immediately reduces the inheritance (death) tax by raising the amount of earnings that are exempted from $100,000 to $250,000 for immediate family members. It will also eliminate the tax by phasing it out over the next ten years starting in 2013.

President’s Budget is More of the Same

March 05, 2012 J

Shortly after his inauguration, President Obama released his first budget proposal to the American people and Congress. During his announcement, the president promised that he would “cut the deficit, we inherited, by half by the end of my first term in office.”

House Committee Paves Way for Death Tax Elimination

February 24, 2012 J

News Release: February 22, 2012

Indianapolis, Ind. – The Indiana House Committee on Ways and Means voted 21-3 today in favor of State Sen. Brandt Hershman’s policy initiative phasing out Indiana’s inheritance tax.

“Hoosier families and farmers are currently burdened by some of the highest inheritance taxes in the country,” Hershman said. “This unpopular ‘death tax’ is also a deterrent to keeping retirees and entrepreneurs in Indiana because they pay taxes on their investments while living and want to avoid burdening their loved ones with paying taxes on those investments again upon their death.”

Hershman (R-Buck Creek), chair of the Senate Tax Committee, said Indiana’s inheritance income tax is levied against heirs who receive inheritances, not including spouses and charitable organizations.

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