Abbye Madeleine

Fair Tax Act 2025 Pros And Cons. Evaluate its pros and cons and decide if this is a plan you would be comfortable to support. The fair tax act (fta) is presently drafted to impose a national consumption tax rate of 23% for one year after taking effect, which is reported to approximate the historically average.

But under the fair tax plan only the amount you spend gets taxed. To make it more progressive, the fair tax act.