Which would replace the income estate and payroll taxes

Reference no: EM131490669

Question: In 2001, two members of Congress submitted the Fairtax Act, which would replace the income, estate, payroll, and corporation taxes with a flat retail sales tax on goods and services. Acconling to a supporter of this idea Nemeth. 2001], the proposal has the following virtues:

]a. "Want you cam is what you keep."

b. "bwesiment and savings would soar."

c. "There is no evading the Fairtair." Evaluate each of these claims.

Reference no: EM131490669

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