Sunday, January 25, 2009

The Fair Tax Act of 2007

The Fair Tax Act of 2007 - a plain English summary, provided by its proponents at, fails to specify who will pay more in taxes under this proposal and who will pay less.

A 2007 analysis by provides the answer:
The Fair Tax “will collect more money from those earning between $15,000 and $200,000 per year and less from those earning more than $200,000 per year.”

1 comment: