A Fair Tax or not?
September 3, 2005 2:33 PM Subscribe
Is a Fair Tax possible? HR 25, known as the Fair Tax of 2005, would replace all corporate and individual income taxes with a 23% tax on finished goods and services, with provisions to compensate for necessities. Some think it would work as promised, but I wonder if corporations would play fairly and pass their savings along to consumers, or just enrich the bottom line?
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