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03

The Benefits of the Proposed FairTax System

   
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Title: The Benefits of the Proposed FairTax System
 
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Subject: Social Issues
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Date: October 9, 2002
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Length: 3 / 568
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This does not include the basic necessities of life, which are excluded from this tax plan on consumption at or below the national poverty level. Any spending above that level is taxed at a progressive rate, which means that the family that spends $50,000 in a year on new goods or services will pay less taxes on those than a family that spends $100,000 in a year on the same goods or services...
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Any spending above that level is taxed at a progressive rate, which means that the family that spends $50,000 in a year on new goods or services will pay less taxes on those than a family that spends $100,000 in a year on the same goods or services. The FairTax has many other benefits that Americans would see once it is set in motion...
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