Should the IRS and the Department of the Treasury consider alternative tax systems, such as Flat Tax, National Sales Tax or “Fair Tax”, or Value-Added Tax as viable options for the US taxpayer, compared to the current Federal Tax System? What are the challenges and benefits of adopting and implementing each system?
Should the IRS and the Department of the Treasury consider alternative tax systems, such as Flat Tax, National Sales Tax or “Fair Tax”, or Value-Added Tax as viable options for the US taxpayer, compared to the current Federal Tax System? What are the challenges and benefits of adopting and implementing each system?
Chapter1: An Introduction To Taxation And Understanding The Federal Tax Law
Section: Chapter Questions
Problem 15DQ
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Should the IRS and the Department of the Treasury consider alternative tax systems, such as Flat Tax, National Sales Tax or “Fair Tax”, or Value-Added Tax as viable options for the US taxpayer, compared to the current Federal Tax System? What are the challenges and benefits of adopting and implementing each system?
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ISBN:
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Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT