Eliot Brownlee said: With the passage of the Revenue Act of 1916, the modest income tax of 1913 became an expansive effort to impose the progressive taxation of personal and corporate income, and of estates, to share in wartime sacrifices, to redistribute social power, and to expand economic opportunity. ... The fair tax rate is a tax reform proposal that would replace all federal income taxes, payroll taxes, gift taxes, and estate taxes with a single consumption tax on retail sales. ... The fair tax proposal is still years or even decades away from being passed, but the simple thought of it h...

• Word Count: 1441
• Approx Pages: 6
• Grade Level: High School

Carney also points out that "if a person of modest means wanted to make a major purchase, they would have to borrow money to do so. ... Of the sales tax proposals that have been submitted to the legislature over the past few years, they have all had strings attached, either in the way of adjusting other taxes, or in exemptions for certain items. ...

• Word Count: 1964
• Approx Pages: 8
• Has Bibliography
• Grade Level: High School