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What new taxes will Sensible Tax Reform introduce?

April 26, 2017introduce reform sensible tax taxes

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What new taxes will Sensible Tax Reform introduce?

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STR will introduce only one tax–a federal consumption tax (FCT). There is currently no FCT in the United States. 45 states, as well as many cities, charge sales taxes, but the federal government does not. The new consumption tax would be the primary source of revenue for the federal government.