USA Tax

USA Tax

The "USA Tax Act" (USBill|108|HR|269), short for "Unlimited Savings Allowance", was a bill in the United States Congress for changing tax laws to replace the federal income taxes with a progressive consumption tax on households and a value-added tax on businesses. [ [http://mitpress.mit.edu/catalog/item/default.asp?ttype=2&tid=6126 The USA Tax - A Progressive Consumption Tax] , Laurence S. Seidman] The first bill (USBill|104|S.|722) was introduced in the United States Senate in April 1995 by senators Sam Nunn (D-Ga.) and Pete Domenici (R-N.M.).

ee also

*FairTax
*Flat tax
*Tax reform

References


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