“Fair” Tax: A Terrible Idea That Just Won’t Die

Here we go again: The “Fair Tax Act”  is out for its perennial limp around the dead legislation track. The “Fair Tax” (or “FairTax” for those with defective space bars on their keyboards) proposes to replace the current federal tax regime with: First, a 30% national sales tax, falsely advertised as 23% by calculating it … Continue reading “Fair” Tax: A Terrible Idea That Just Won’t Die → - by Thomas L. Knapp
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