Fundamental tax reform needs a “fair tax” for all - the rich and the not-so-rich.
examining the tax. Curious, I called Kotlikoff last week and asked if anything had changed since then.
Kotlikoff also took issue with the idea, expressed by many Democrats, that the Fair Tax isn’t fair to regular folks because they spend all, or most, of their income while the wealthy save and invest much of theirs. “It’s really a progressive tax,” he said. “It’s a tax on labor incomeWhen wealthy people spend more than their income, the wealth they spend would also pay the national sales tax.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Study dubs State Fair of Texas as highest-attended fair in 2022Everything is bigger in Texas and fairs are no exception. Carnival Warehouse's list of Top 50 Fairs ranked the State Fair of Texas at the top of its list. The Houston Livestock Show and Rodeo came in second.
Read more »
Chile fights to contain wildfires that left at least 23 deadHundreds of wildfires scorching southern and central Chile have left at least 23 people dead and hundreds more injured and displaced from their homes.
Read more »
NBA Championship Odds - NBA Playoffs & Finals Odds 2022-23The Boston Celtics and Milwaukee Bucks remain the Top 2 favorites for this year's title, but the Kyrie Irving/Brooklyn Nets saga has finally come to an end with the Dallas Mavericks completing a trade. See how this move shakes up the rest of the table.
Read more »
Officials: 1 injured, 23 evacuated from homes after gas leak in TrentonDue to a high level of gas coming from a leak in one of the properties, 23 people had to be relocated for the night.
Read more »
'MLB The Show 23' adds Negro League legends including Buck O'Neil, Rube Foster, Satchel PaigeFor the first time, Negro League players are coming to 'MLB The Show 23.'
Read more »