FairTax
Subject: Finance | Topics:

The FairTax is often a proposal to change the federal place a burden on code of the us. It would substitute all federal income taxes, payroll taxes, present taxes, and estate taxes using a single broad country wide consumption tax in retail sales. As defined in the proposed legislation, the tax rate is 23% for that first year. This percentage will be based upon the total amount paid like the tax.

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