Is America ready for a national sales tax? Rep. Earl L. "Buddy" Carter (R-Ga.) has introduced the Fair Tax Act, a bill in Congress that would eliminate most federal taxes and replace them with a ...
That’s a future proponents of the Fair Tax Act would like to see. The idea of implementing a national sales tax in lieu of our current federal tax apparatus is once again gaining steam after Rep.
short-term The FairTax Act of 2023, a bill introduced in early January by Rep. Earl “Buddy” Carter, R-Ga., proposes a national sales tax on the use or consumption of taxable property or services. The ...
Democratic lawmakers introduced a resolution aimed at the GOP's national sales tax proposal. The tax of up to 30% on taxable purchases would worsen the conditions of countless working families ...
Even the flat tax and the “fair tax” (a proposed national sales tax) have this feature, because they have exemptions large enough to let people afford the necessities of life with untaxed income.
Here’s how all 50 states rank by overall government services, as well as education, health, safety, economy, infrastructure ...
Modeled after South Dakota's approach, the tax includes no exemptions except those mandated by the U.S. Constitution.
Revenue from the 4.0% privilege tax has been directed to UAMS for the effort to obtain a National Cancer Institute ...
The legality of a capital gains tax was upheld by the Washington state Supreme Court last week, drawing questions about who ...
The state has lost touch with the "user pays" principle. (And, yes, EV owners should pay an equivalent charge.) ...
Four candidates are vying for three seats on the ballot for the Barrington Village Board in the April 4 election.