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Fair Tax Act of 2023 Has Variable Rate

I have been having silly arguments with Fair Tax enthusiasts.  The Fair Tax Act of 2023 would be a tremendous simplification of federal taxation.  It does not, however, reduce 70,000 pages to 131 and it does not entirely eliminate the Internal Revenue Code.  Also it...

More On The Fair Tax Act Of 2023

Thanks to some positive feedback on my recent piece, I have decided to dig deeper into the Fair Tax Act of 2023.  The Reader’s Digest version of the act is that it eliminates federal corporate and individual income tax, payroll taxes that tie into social...