The “Fair Tax Act,” sponsored by Rep. Earl “Buddy” Carter, R-Ga., would end federal income, payroll, and estate taxes, instead implementing a 23% tax on “gross payments for the taxable property or service.”
National sales tax proposal sparks political controversy
Proposed IRS rule change might hit donations for Catholic school tuition
The Internal Revenue Service is proposing a rule change that would impact about 30 percent of the student population in the Catholic schools of the Archdiocese of Dubuque, as well as thousands of others attending nonpublic schools in Iowa and other states.