Kevin McCarthy Introduces “Fair Tax” Which Would Abolish Federal Income Tax
(trendingpoliticsnews.com)
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Increasing everyone's pay 30-50% while increasing taxes on all goods 30% would just punish all foreign goods while massively boosting exports due to not having any taxes associated with goods being exported. It would immediately raise the prices of all electronics but if you're making $60,000 a year and you don't have to pay $20,000 in taxes, I don't believe a 30% increase on your funko pop budget will make a dent.