Tag Archives: FAST Act

Congress quietly moves NAFTA superhighway corridors forward in FAST Act

Such NAFTA international trade has all but destroyed the American manufacturing base, it threatens U.S. jobs and has contributed to stagnant wages since its inception in 1992. So the funding and expansion of the NAFTA trade corridors coupled with the porous southern border create another source of angst for American voters as they weigh the current presidential contenders. Continue reading

Posted in News and Analysis, Sovereignty, Trade & Economics, Transportation Tagged , , , , , , , , , , , , , , , , |

IRS Gains Power to Revoke Passports for Failure to Pay Taxes

The recently passed federal highway bill, Fixing America’s Surface Transportation Act, or the FAST Act, creates a new section of the U.S. tax code, 7345, entitled, “Revocation or Denial of Passport in Case of Certain Tax Delinquencies.” No matter how you look at the two IRS power grabs, it spells trouble for the taxpayer. Whether you’ll become a prisoner in your own country by being denied a passport, or harassed by unethical and ruthless IRS sanctioned private debt collectors to settle an alleged tax debt, the Republican leadership in Congress delivered this anti-liberty, big government reality to your doorstep after voters gave them the keys to the Capitol to do just the opposite. Continue reading

Posted in FreedomTax, News and Analysis, Taxation, Transportation Tagged , , , , , , |

Congress Passes Highway Bill, Continues to Divert Money Away From Roads

The Highway Trust Fund is supposed to be a dedicated fund to highways only, but with the continued diversion of road funds for non-road purposes and Congress’ penchant for raiding other parts of the federal budget to shore-up the trust fund, even passage of this 5-year alleged highway bill leaves little to celebrate for either taxpayers or transportation special interests. With so many goodies and discretionary programs, it was hard for members of Congress to resist approving the bill, despite the lack of sustainable funding or the albatross of the Ex-Im Bank. But Republicans in particular face a backlash for support of the bill after failing to live up to its promises for reform and ending the crony capitalist stranglehold on Washington D.C. Continue reading

Posted in News and Analysis, Transportation Tagged , , , , , , , |