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Tennessee House adopts resolution urging Congress to consider national 'Fair Tax' consumption tax
Summary
The House adopted House Joint Resolution 17 urging Congress to repeal federal income taxes and consider HR 25, the Fair Tax Act, prompting floor debate over regressivity and production-stage tax elimination.
The Tennessee House adopted a nonbinding resolution urging the U.S. Congress to consider replacing federal income taxes with a national retail consumption tax commonly known as the "Fair Tax." Representative Powers moved adoption of House Joint Resolution 17, which endorses HR 25 (the Fair Tax Act) as a national retail sales tax while stating protections for Social Security, Medicare, and Medicaid.
Supporters described the Fair Tax as a national consumption tax that would eliminate…
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