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Replace All Federal Taxes on Income with the Fair Tax Act , HR 25 and S 122

Marilyn Rickert's Blog Posts Tagged 'New_Flat_Tax' (1)

My opinion on Heritage Foundation's new Flat Tax plan

Heritage announces its new tax plan -- The New Flat Tax--Easy as One, Two, Three 

Note how Heritage feels its rate is low at 28% but ignores the Fair Tax rate even lower rate of 23%.
Heritage Excerpt:
A rate of 28 percent is comparable to or significantly below the typical rate facing an individual or family today. A working family today is subject to a 15.3 percent payroll tax rate, plus either a 15 percent or 25 percent…

Added by Marilyn Rickert on December 15, 2011 at 3:43pm — 4 Comments

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