Fair Tax Pros And Cons 2025

 

Fair Tax Pros And Cons 2025. It would provide a monthly rebate for an annual consumption allowance. The fair tax act of 2023 (hr 25) would replace the federal individual income tax, corporate income tax, payroll taxes, and the estate and gift tax with a national retail sales tax.


Fair Tax Pros And Cons 2025

Potential for increased economic growth by increasing consumer spending. The 23% sales tax would apply to all retail and service transactions.

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