The MAGA Republican so-called fair tax plan is the worst yet. It’s a real doozy. It would impose a 30% tax on everything. It would be devastating to just about every American family. Watch me and @RepJeffries:
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It would also eliminate the federal income tax... you conveniently left that part out.
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It would also disproportionately impact the poor, working, and middle class
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You are unfamiliar with the details of the bill. Did you know there is a monthly prebate that makes the sales tax progressive? The prebate untaxes up to the poverty level, effectively having poor households pay no tax because they get money to pay for it. congress.gov/bill/118th-cong…

Jan 26, 2023 · 2:18 AM UTC

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