Could a National Sales Tax Be a Viable Alternative to the Income Tax?

Sometime during this 117th U.S. Congress, the long-proposed “Fair Tax” will likely receive its first-ever floor vote in the House. A national sales tax, it would replace not only personal and corporate income taxes, but Social Security, Medicare, estate and gift taxes too. Though every tax scheme has its pitfalls and moral failings, the net … Continue reading Could a National Sales Tax Be a Viable Alternative to the Income Tax?