Congress to Vote on Whether to Abolish the IRS and Introduce One National Tax Rate

Congress to Vote on Whether to Abolish the IRS and Introduce One National Tax Rate

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Right now, the average price for a loaf of bread is, approximately, $1.87. Under a new law proposed by House Republicans, that price would go up to more than $2.50. This would be the result of the Fair Tax Act, a bill proposed by around 30 House Republicans. House Speaker Kevin McCarthy (R-Calif.)…

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