The FairTax and Economic Growth

freerepublic.com     Apr 24, 2008            

Virtually all economists agree that the following will promote economic growth: • Replacing the income tax with a consumption tax • Replacing a graduated rate system with a flat marginal tax rate system • Lower marginal rates and a broader tax base The Fair Tax Act (a national retail sales tax)... [read full story]                

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The Impact Of The FairTax On Small Business

freerepublic.com     Apr 24, 2008          

Small businesses create a large effect in the U.S. economy. Over five million strong, small businesses (those employing less than 20 people) account for 89 percent of all U.S. employers and employ over 20 million people, about 4.5 per business.1 All this, despite the adverse effects of the...                

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The impact of the FairTax on the stock and bond markets

freerepublic.com     Apr 26, 2008          

Replacing federal income, payroll, and estate and gift taxes with the FairTax has a positive impact on the stock and bond markets. What determines stock and bond valuesThe value of corporate stock or a corporate bond is the present discounted value of the expected future income stream (net of...                

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