Bob78164:JAFO31(in part): <<<It will require a Constitutional Amendment. no easy task.>>>"Why would a national sales tax require a constitutional amendment?"In and of itself, a national sales tax would not, but FairTax is a very specific proposal and is based upon abolition of the federal income tax as curretnly constituted. The proposal calls for the repeal of the 16th Amendment. Regards, JAFO(though it has been awhile since I read the FairTax site)
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra