Congressman DesJarlais Cosponsors Fair Tax Legislation

Thursday, June 26, 2014

Congressman Scott DesJarlais, MD cosponsored H.R. 25, the Fair Tax Act of 2013, introduced by Congressman Rob Woodall (GA-7).

The FairTax replaces the current income tax system with a single, national consumption tax in exchange for repealing the Sixteenth Amendment. With the passage of the FairTax, American workers will receive their full paycheck before the federal government gets a penny. It also eliminates funding for the Internal Revenue Service (IRS) after 2017.

“The Internal Revenue Service has shown itself to be corrupt, inept and unworthy of the responsibility the agency has been entrusted with,” said Congressman DesJarlais.

“It has become abundantly clear the American people have lost faith in the IRS and want to drastically limit its power to intrude in our lives. The FairTax empowers taxpayers by allowing each citizen to control the amount of taxes he or she pays. This would create a fairer, flatter and simpler tax code for both families and businesses.”

“Replacing our broken tax code with the FairTax will unshackle America’s job creators, unburden American families, and spur an economic revolution,” said Congressman Woodall. “Across the nation, folks have been calling for the FairTax and I’m excited that momentum is growing in Washington, too.”




Tennessee Tops The Nation For Foreign Direct Investment Job Commitments

Tennessee was ranked the top state in the nation for foreign direct investment (FDI) job commitments in 2013 according to the 2014 Global Location Trends report.  The annual report from the IBM Institute for Business Value measured the number of jobs created by foreign-owned companies in each state during the 2013 calendar year.  Following Tennessee in the rankings were ... (click for more)

Compass Auctions To Auction Custom Motorcycle

Compass Auctions and Real Estate announced that the Auction Firm has been selected to host both the online and live auction of a one-off custom KTM 450 in cooperation with RedBull Media House to benefit the Kurt Caselli Foundation.  “This is a once in a lifetime opportunity to own a unique piece of history,” said Steven Holt, vice president of Compass. “It ... (click for more)

Downtown Chattanooga Apartment Complex That Brought $3 Million Profit Exempt From Most Taxes Until 2022 Under PILOT

A downtown Chattanooga apartment complex that recently was sold at a $3 million profit is exempt from most property taxes through 2022 under a PILOT (payment in lieu of taxes) agreement.   No payment of school taxes was included in the deal for Walnut Commons at Walnut Street and Aquarium Way.   The only taxes due on the property for the next eight ... (click for more)

Cold, Wet Front To Make For Chilly And Damp Trick Or Treating; Snow Showers Possible Saturday

A surge of cold, moist air will make for less-than-ideal trick or treat conditions on Halloween night. Temperatures are expected to dip below freezing this weekend. There is a possibility of snow showers in Chattanooga on Saturday. Here is the latest forecast: Today Showers likely, mainly after 5pm. Mostly cloudy, with a high near 58. Calm wind becoming northwest ... (click for more)

Thanks For Publishing The Stokes Photo Book

I pre-ordered the Stokes Photo Book and picked it up Wednesday . The covers and content are very high quality and contain photos you will not see anywhere else.  This book of photos is worth much more than $35.  I have seen many historic photos of my hometown Chattanooga, but this collection is amazing. My favorites are National Cemetery, Confederate Cemetery near ... (click for more)

Roy Exum: Saban: ‘Ratings Don’t Matter’

When the first College Football Playoff rankings were released earlier this week, Alabama football coach Nick Saban got it right on the button when he shrugged, “I don't even care, to be honest with you." "To me, none of it matters, What does it matter?” he laughed at the Tide’s No. 6 ranking. “I mean, it only matters where you end up at the end. So what matters to us is how ... (click for more)