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How does the MI FairTax help seniors who have paid taxes on their retirement savings or invested in Roth IRAs?

April 26, 2017FAIRTAX help invested mi paid retirement Roth savings Seniors taxes

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How does the MI FairTax help seniors who have paid taxes on their retirement savings or invested in Roth IRAs?

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Simply put, the MI FairTax is a revenue-neutral proposal, raising no more money than does the current system. The MI FairTax changes only where the money is raised, not the amount.