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Comparing average and marginal tax rates under the FairTax and the current system of federal taxation

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Comparing Average and Marginal Tax Rates Under the Fairtax and the Current System of Federal Taxation

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This paper compares marginal and average tax rates on working and saving under our current federal tax system with those that would arise under a federal retail sales tax, specifically the FairTax. The FairTax would replace the personal income, corporate income, payroll, and estate and gift...

Persistent link: https://www.econbiz.de/10012778621

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