Replace All Federal Taxes on Income with the Fair Tax Act , HR 25
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Will high's Blog
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Posted on December 20, 2009 at 12:30pm 1 Comment 0 Likes
The FairTax is a consumption tax in the form of a national retail sales tax on new goods and services. It is designed to replace "federal income taxes including, personal, estate, gift, capital gains, alternative minimum, Social Security, Medicare, self-employment, and corporate taxes." The FairTax would also abolish the IRS and repeal the 16th Amendment.
The elimination of the 16th Amendment, the IRS, and all those taxes sounds like a great idea that all free market economists and… Continue
The elimination of the 16th Amendment, the IRS, and all those taxes sounds like a great idea that all free market economists and… Continue
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