Haughton, Jonathan; Kotlikoff, Laurence; Bachman, Paul; … - National Bureau of Economic Research (NBER) - 2006
As specified in Congressional bill H.R. 25/S. 25, the FairTax is a proposal to replace the federal personal income tax, corporate income tax, payroll (FICA) tax, capital gains, alternative minimum, self-employment, and estate and gifts taxes with a single-rate federal retail sales tax. The...
