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Search Results: keywords:"tax system complexity"

  • H. RES. 1150 expresses support for declaring April 16, 2024, as "FairTax Day" in the United States. This resolution highlights the complexity and time-consuming nature of the current U.S. tax system and supports the adoption of the FairTax. The FairTax would replace the...

    Simple Explanation

    Imagine a special day called "FairTax Day," where people talk about a new way to pay taxes that would make things simpler by using one big sales tax and letting people keep all of their paycheck. This new plan would get rid of many tax-related offices and types of taxes, but some people are still figuring out if that would be a good idea or not.