Kevin McCarthy Introduces “Fair Tax” Which Would Abolish Federal Income Tax
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That's exacting what I've heard, but also heard it would be more like 15%. In addition once currency is gold back they expect prices to fall to the 1950's level.
So the pople who want this "fair" tax say everything's okay, go back to sleep, prices are going to drop to 1955 level.
Oh, sure, I believe that wholeheartedly. Doesn't everybody?
Got news for ya....prices of goods and services never go down.
Honestly if this thing passes I see bartering being a huge thing again.